HB1323 - 104th General Assembly

BOND AUTH-NO ROLLOVER
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Dan Ugaste
Statutes Amended In Order of Appearance
30 ILCS 305/8 new
Synopsis As Introduced
Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.
Actions
Date Chamber Action
1/14/2025 House Filed with the Clerk by Rep. Dan Ugaste
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/11/2025 House Assigned to Revenue & Finance Committee
2/25/2025 House To Tax Policy: Finance Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee