Votes: IL HB5572 | 2017-2018 | 100th General Assembly
Bill Title: Creates the School District Debt Control and Taxpayer Protection Act. Provides that a school district may not refinance debt past the repayment period of the debt when issued, may not issue debt to be serviced over a period of greater than 20 years, and may not issue capital appreciation bonds. Sets forth provisions calculating and establishing a debt limit and prohibiting new debt. Requires specified bond referendum and bond issuance information to be provided. Effective immediately.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-04-27 - Added Chief Co-Sponsor Rep. Allen Skillicorn [HB5572 Detail]
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-04-27 - Added Chief Co-Sponsor Rep. Allen Skillicorn [HB5572 Detail]
Text: Latest bill text (Engrossed) [HTML]
Voting Records
Chamber | Vote | Date | Yea | Nay | NV | Abs | Total | Result | Source | View |
---|---|---|---|---|---|---|---|---|---|---|
House | Third Reading in House | 2018-04-27 | 13 | 77 | 8 | 4 | 102 | Failed | Link | View |