HB1323 - 104th General Assembly
BOND AUTH-NO ROLLOVER
Last Action
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 |
