Illinois General Assembly

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 Bill Status of SB0290  95th General Assembly


Short Description:  HOSPITAL DISTRICT-BONDS

Senate Sponsors
Sen. David Luechtefeld - Gary Forby and Martin A. Sandoval

House Sponsors
(Rep. Brandon W. Phelps - Dan Reitz - John E. Bradley - Mike Bost - Jil Tracy)

Last Action
DateChamber Action
  8/23/2007SenatePublic Act . . . . . . . . . 95-0366

Statutes Amended In Order of Appearance
70 ILCS 910/21.3 new


Synopsis As Introduced
Amends the Hospital District Law. Provides that a hospital district may issue bonds, notes, or other obligations, or enter into a line of credit, secured by property taxes, unencumbered accounts receivable, or other revenues. Allows the district to establish a line of credit in connection with those borrowings. Provides that the Treasurer may accept a linked-deposit proposal from an eligible institution, subject to certain restrictions. Effective immediately.

Senate Committee Amendment No. 1
Deletes a provision of the introduced bill that allows the State Treasurer to accept proposals for linked-deposit.

Senate Committee Amendment No. 2
Deletes everything after the enacting clause. Amends the Hospital District Law. Provides that a hospital district may enter into a line of credit secured by property taxes, unencumbered accounts receivable, or other revenues. Effective immediately.

Actions 
DateChamber Action
  2/7/2007SenateFiled with Secretary by Sen. David Luechtefeld
  2/7/2007SenateFirst Reading
  2/7/2007SenateReferred to Rules
  2/7/2007SenateAdded as Chief Co-Sponsor Sen. Gary Forby
  2/21/2007SenateAssigned to Local Government
  2/27/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. David Luechtefeld
  2/27/2007SenateSenate Committee Amendment No. 1 Referred to Rules
  2/28/2007SenateSenate Committee Amendment No. 1 Rules Refers to Local Government
  2/28/2007SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
  2/28/2007SenateSenate Committee Amendment No. 1 Adopted
  3/1/2007SenateHeld in Local Government
  3/7/2007SenateHeld in Local Government
  3/12/2007SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. David Luechtefeld
  3/12/2007SenateSenate Committee Amendment No. 2 Referred to Rules
  3/13/2007SenateSenate Committee Amendment No. 2 Rules Refers to Local Government
  3/13/2007SenateSenate Committee Amendment No. 2 Adopted
  3/14/2007SenateDo Pass as Amended Local Government; 009-000-000
  3/14/2007SenatePlaced on Calendar Order of 2nd Reading March 15, 2007
  3/22/2007SenateSecond Reading
  3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007
  3/29/2007SenateThird Reading - Passed; 056-001-000
  3/29/2007HouseArrived in House
  3/29/2007HousePlaced on Calendar Order of First Reading
  3/29/2007HouseChief House Sponsor Rep. Brandon W. Phelps
  3/29/2007HouseFirst Reading
  3/29/2007HouseReferred to Rules Committee
  4/30/2007HouseAssigned to Local Government Committee
  5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007
  5/23/2007HouseDo Pass / Short Debate Local Government Committee; 011-000-000
  5/23/2007HousePlaced on Calendar 2nd Reading - Short Debate
  5/24/2007HouseSecond Reading - Short Debate
  5/24/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/28/2007HouseThird Reading - Short Debate - Passed 114-000-000
  5/28/2007SenatePassed Both Houses
  5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Dan Reitz
  5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. John E. Bradley
  5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Mike Bost
  5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Jil Tracy
  6/26/2007SenateSent to the Governor
  8/23/2007SenateGovernor Approved
  8/23/2007SenateEffective Date August 23, 2007
  8/23/2007SenatePublic Act . . . . . . . . . 95-0366

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