IL SB0325 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 8-0)
Status: Passed on May 7 2009 - 100% progression
Action: 2009-05-07 - Public Act . . . . . . . . . 96-0009
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Democrat 8-0)
Status: Passed on May 7 2009 - 100% progression
Action: 2009-05-07 - Public Act . . . . . . . . . 96-0009
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Higher Education Student Assistance Act. Provides that bonds issued in accordance with the Act may be designated by the Illinois Student Assistance Commission as guaranteed by the State of Illinois. Provides that this guarantee shall constitute a general obligation of the State of Illinois, with the full faith, credit, and resources of the State of Illinois irrevocably pledged for the punctual payment of the principal of, interest on, and premium, if any, on any such bond. Provides that these provisions are irrepealable until all such bonds are paid in full as to both principal and interest. Provides that any bonds designated pursuant to these provisions shall be issued by the Commission on or prior to December 31, 2009 and shall be limited in aggregate principal issuance amount to not greater than $50,000,000. Sets forth provisions concerning appropriations for insufficient amounts, a continuing appropriation for insufficient appropriations, the rights and powers of the Commission not being impaired, and allowing a civil action to compel payment. Effective immediately.
Title
ISAC-BONDS GUARANTEED BY STATE
Sponsors
| Sen. Jacqueline Collins [D] | Sen. Maggie Crotty [D] | Sen. Susan Garrett [D] | Sen. Mattie Hunter [D] |
| Sen. Kimberly Lightford [D] | Sen. Edward Maloney [D] | Sen. Michael Noland [D] | Sen. Kwame Raoul [D] |
Roll Calls
2009-04-28 - House - Third Reading in House (Y: 114 N: 2 NV: 1 Abs: 0) [PASS]
2009-03-18 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]
2009-03-18 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2009-05-07 | Public Act . . . . . . . . . 96-0009 | |
| 2009-05-07 | Effective Date May 7, 2009 | |
| 2009-05-07 | Governor Approved | |
| 2009-05-04 | Sent to the Governor | |
| 2009-04-28 | Passed Both Houses | |
| 2009-04-28 | Third Reading - Short Debate - Passed 114-002-000 | |
| 2009-04-23 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2009-04-23 | Second Reading - Short Debate | |
| 2009-04-22 | Placed on Calendar 2nd Reading - Short Debate | |
| 2009-04-22 | Do Pass / Short Debate Higher Education Committee; 005-000-000 | |
| 2009-04-14 | Assigned to Higher Education Committee | |
| 2009-04-03 | Added Alternate Chief Co-Sponsor Rep. Robert W. Pritchard | |
| 2009-04-02 | Added Alternate Chief Co-Sponsor Rep. Karen May | |
| 2009-03-18 | Referred to Rules Committee | |
| 2009-03-18 | First Reading | |
| 2009-03-18 | Chief House Sponsor Rep. David E. Miller | |
| 2009-03-18 | Placed on Calendar Order of First Reading | |
| 2009-03-18 | Arrived in House | |
| 2009-03-18 | Third Reading - Passed; 056-000-000 | |
| 2009-03-18 | Added as Co-Sponsor Sen. Susan Garrett | |
| 2009-03-18 | Added as Co-Sponsor Sen. Mattie Hunter | |
| 2009-03-18 | 3/5 Vote Required | |
| 2009-03-18 | Added as Co-Sponsor Sen. Jacqueline Y. Collins | |
| 2009-03-18 | Placed on Calendar Order of 3rd Reading | |
| 2009-03-18 | Senate Floor Amendment No. 1 Adopted; Maloney-Burzynski | |
| 2009-03-18 | Recalled to Second Reading | |
| 2009-03-18 | Senate Floor Amendment No. 1 Recommend Do Adopt Higher Education; 008-000-000 | |
| 2009-03-17 | Senate Floor Amendment No. 1 Assignments Refers to Higher Education | |
| 2009-03-10 | Added as Chief Co-Sponsor Sen. Michael Noland | |
| 2009-03-06 | Added as Chief Co-Sponsor Sen. Kwame Raoul | |
| 2009-03-05 | Placed on Calendar Order of 3rd Reading March 6, 2009 | |
| 2009-03-05 | Second Reading | |
| 2009-03-03 | Senate Floor Amendment No. 1 Referred to Assignments | |
| 2009-03-03 | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Edward D. Maloney; -Burzynski | |
| 2009-02-26 | Added as Chief Co-Sponsor Sen. M. Maggie Crotty | |
| 2009-02-25 | Placed on Calendar Order of 2nd Reading February 26, 2009 | |
| 2009-02-25 | Do Pass Higher Education; 008-000-002 | |
| 2009-02-20 | Added as Chief Co-Sponsor Sen. Kimberly A. Lightford | |
| 2009-02-18 | Assigned to Higher Education | |
| 2009-02-06 | Referred to Assignments | |
| 2009-02-06 | First Reading | |
| 2009-02-06 | Filed with Secretary by Sen. Edward D. Maloney |
