IL HB5830 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 27 2022 - 25% progression, died in committee
Action: 2022-11-16 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on October 27 2022 - 25% progression, died in committee
Action: 2022-11-16 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.
Title
SCH CD-ALDEN-HEBRON BOND ISSUE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-11-16 | House | Referred to Rules Committee |
| 2022-11-16 | House | First Reading |
| 2022-10-27 | House | Filed with the Clerk by Rep. Steven Reick |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 105 | 5 | 19-1 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5830&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/HB/10200HB5830.htm |
