Bill Title: Amends the General Obligation Bond Act and the Capital Development Bond Act of 1972. Provides that the unused portion of federal funds received for or as reimbursement for a capital facilities or capital improvement project (rather than the unused portion of federal funds received for a capital facilities or capital improvement project) shall remain in the Capital Development Board Contributory Trust Fund. Removes provisions providing that any federal funds received as reimbursement for the completed construction of a capital facilities or capital improvement project shall be deposited in the General Obligation Bond Retirement and Interest Fund or the Capital Development Bond Retirement and Interest Fund. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2019-01-08 - Session Sine Die [HB0675 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-01-25	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB0675

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB0675 currently on file.

Social Comments on IL HB0675