HB1323 - 104th General Assembly (2025-2026)

BOND AUTH-NO ROLLOVER
Last Action

2/26/2026 - House: To Tax Policy: Finance Subcommittee
House Sponsors

Rep. Dan Ugaste
Hearings

Tax Policy: Sales Tax Subcommittee Hearing Mar 26 2026 8:08AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 26 2026 8:07AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Income Tax Subcommittee Hearing Mar 26 2026 8:06AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Finance Subcommittee Hearing Mar 26 2026 8:05AM Stratton Building Room D-1 Springfield, IL
Tax Credit and Incentives Subcommittee Hearing Mar 26 2026 8:04AM Stratton Building Room D-1 Springfield, IL
Sales Tax Subcommittee Hearing Mar 26 2026 8:03AM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 26 2026 8:00AM Stratton Building Room D-1 Springfield, IL
Property Tax Subcommittee Hearing Mar 26 2026 8:02AM Stratton Building Room D-1 Springfield, IL
Income Tax Subcommittee Hearing Mar 26 2026 8:01AM Stratton Building Room D-1 Springfield, IL
Finance Subcommittee Hearing Mar 26
Statutes Amended In Order of Appearance

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

DateChamberAction
1/14/2025HouseFiled with the Clerk by Rep. Dan Ugaste
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/11/2025HouseAssigned to Revenue & Finance Committee
2/25/2025HouseTo Tax Policy: Finance Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
2/24/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Tax Policy: Finance Subcommittee