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 Bill Status of SB0667  100th General Assembly


Short Description:  CDB-FEDERAL FUNDS

Senate Sponsors
Sen. Iris Y. Martinez - Dale A. Righter - John G. Mulroe

House Sponsors
(Rep. Anthony DeLuca )

Last Action
DateChamber Action
  4/25/2017HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
30 ILCS 330/15from Ch. 127, par. 665
30 ILCS 420/9afrom Ch. 127, par. 759a


Synopsis As Introduced
Amends the General Obligation Bond Act. Provides that the unused portion of federal funds received for or as reimbursement for a capital facilities project (currently, the unused portion of federal funds received for a capital facilities project) shall remain in the Capital Development Board Contributory Trust Fund. Removes a provision providing that any federal funds received as reimbursement for the completed construction of a capital improvement project shall be deposited in the Capital Development Bond Retirement and Interest Fund. Amends the Capital Development Bond Act of 1972. Makes conforming changes. Effective immediately.

Actions 
DateChamber Action
  1/25/2017SenateFiled with Secretary by Sen. Iris Y. Martinez
  1/25/2017SenateFirst Reading
  1/25/2017SenateReferred to Assignments
  2/1/2017SenateAssigned to State Government
  2/8/2017SenateAdded as Chief Co-Sponsor Sen. Dale A. Righter
  2/9/2017SenateDo Pass State Government; 008-000-000
  2/9/2017SenatePlaced on Calendar Order of 2nd Reading February 15, 2017
  2/16/2017SenateSecond Reading
  2/16/2017SenatePlaced on Calendar Order of 3rd Reading February 28, 2017
  2/17/2017SenateAdded as Chief Co-Sponsor Sen. John G. Mulroe
  4/25/2017SenateThird Reading - Passed; 056-000-000
  4/25/2017HouseArrived in House
  4/25/2017HouseChief House Sponsor Rep. Anthony DeLuca
  4/25/2017HouseFirst Reading
  4/25/2017HouseReferred to Rules Committee

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