Illinois House Bill 2909

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Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Engrossed on March 24 2023 - 50% progression
Action: 2023-03-27 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Amends the State Finance Act, the Bond Authorization Act, and the Illinois Mathematics and Science Academy Law. Sets forth certain types of revenue the Illinois Mathematics and Science Academy may retain in its own treasury. Provides that the Board of Trustees of the Academy is authorized to borrow money and issue and sell bonds for the purpose of acquiring, purchasing, completing, building, constructing, reconstructing, enlarging, improving, extending, or equipping buildings, structures, and facilities that are required by or are necessary for the use or benefit of the Academy. Provides that such bonds shall be payable only from tuition, fee, and room and board revenue and from other funds authorized by law to be used for such purpose and applied as a supplement to such revenue. Sets forth other provisions concerning the issuance of bonds by the Academy, including the execution and delivery of trust agreements to a bank or trust company and the adoption of a resolution or resolutions describing in a general way the contemplated facility or facilities designated as the project or projects and the estimated cost. Effective immediately.

IMSA-RETAIN FUNDS-ISSUE BONDS

Rep. Barbara Hernandez [D]

Rep. Norine Hammond [R]

Rep. William Davis [D]

Sen. Laura Ellman [D]

2023-03-24 - House - Third Reading in House (Y: 101 N: 1 NV: 4 Abs: 2) [PASS]

Date	Chamber	Action
2023-03-27	Senate	Referred to Assignments
2023-03-27	Senate	First Reading
2023-03-27	Senate	Chief Senate Sponsor Sen. Laura Ellman
2023-03-27	Senate	Placed on Calendar Order of First Reading
2023-03-27	Senate	Arrive in Senate
2023-03-24	House	Third Reading - Short Debate - Passed 101-001-000
2023-03-24	House	Placed on Calendar Order of 3rd Reading - Short Debate
2023-03-23	House	Added Chief Co-Sponsor Rep. William "Will" Davis
2023-03-22	House	Held on Calendar Order of Second Reading - Short Debate
2023-03-22	House	Second Reading - Short Debate
2023-03-22	House	Added Chief Co-Sponsor Rep. Norine K. Hammond
2023-03-09	House	Placed on Calendar 2nd Reading - Short Debate
2023-03-09	House	Do Pass as Amended / Short Debate Appropriations-Higher Education Committee; 009-005-000
2023-03-09	House	House Committee Amendment No. 1 Adopted in Appropriations-Higher Education Committee; by Voice Vote
2023-03-08	House	House Committee Amendment No. 1 Re-assigned to Appropriations-Higher Education Committee
2023-03-07	House	House Committee Amendment No. 1 Rules Refers to Appropriations-Health & Human Services Committee
2023-03-06	House	House Committee Amendment No. 1 Referred to Rules Committee
2023-03-06	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Hernández
2023-02-28	House	Assigned to Appropriations-Higher Education Committee
2023-02-16	House	Referred to Rules Committee
2023-02-16	House	First Reading
2023-02-16	House	Filed with the Clerk by Rep. Barbara Hernández

Chapter	Article	Section	Citation Type	Statute Text
105	305	4.5	New Code	See Bill Text
30	105	6a-6	Amended Code	Citation Text
30	305	1	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2909&GAID=17&DocTypeID=HB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/HB/10300HB2909.htm
Text	https://www.ilga.gov/legislation/103/HB/10300HB2909eng.htm
Amendment	https://www.ilga.gov/legislation/103/HB/10300HB2909ham001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/103/house/10300HB2909_03242023_067000T.pdf