| Date | Chamber | Action |
| 1/11/2011 | House | Session Sine Die |
| 35 ILCS 200/18-185 |
| State Debt Impact Note (Government Forecasting & Accountability) | |
| HB 2502 would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness. |
| Pension Note (Government Forecasting & Accountability) | |
| HB 2502 will not affect any public pension fund or retirement system in Illinois. |
| Housing Affordability Impact Note (Housing Development Authority) | |
| This legislation essentially sets the extension limitation to a minimum of 2%. This would increase the cost of owning a home, should an extension be enacted. However, there is insufficient information to determine a dollar amount due to the variety of taxing districts, and rates, that currently exist. |
| Fiscal Note (Dept. of Revenue) | |
| HB 2502 will have no fiscal impact on State revenues. |
| Judicial Note (Admin Office of the Illinois Courts) | |
| Based on a review of HB 2502, it is possible that the bill could result in additional litigation thereby impacting the workload of judicial officers in the State. However, it is not possible to determine the extent of this impact. |
| Correctional Note (Dept of Corrections) | |
| This legislation has no fiscal or population impact on the Department of Corrections. |
| Balanced Budget Note (Office of Management and Budget) | |
| HB 2502 adds no additional spending pressure to the General Revenue Fund or to the current Fiscal Year 2009 budget deficit. The fiscal impact associated with HB 2502, as presented, will affect governments at the local level. |
| Home Rule Note (Dept. of Commerce & Economic Opportunity) | |
| This bill does not pre-empt home rule authority. |
| State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity) | |
| This bill does not create a State mandate under the State Mandates Act. |
| Date | Chamber | Action | 2/19/2009 | House | Filed with the Clerk by Rep. Arthur L. Turner | 2/20/2009 | House | Added Co-Sponsor Rep. Frank J. Mautino | 2/20/2009 | House | Added Co-Sponsor Rep. Linda Chapa LaVia | 2/20/2009 | House | Added Co-Sponsor Rep. Roger L. Eddy | 2/20/2009 | House | First Reading | 2/20/2009 | House | Referred to Rules Committee | 2/24/2009 | House | Added Co-Sponsor Rep. William Davis | 2/25/2009 | House | Assigned to Revenue & Finance Committee | 3/12/2009 | House | Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 002-001-000 | 3/12/2009 | House | Remains in Revenue & Finance Committee | 3/12/2009 | House | Do Pass / Short Debate Revenue & Finance Committee; 010-002-000 | 3/12/2009 | House | Placed on Calendar 2nd Reading - Short Debate | 3/16/2009 | House | State Debt Impact Note Filed | 3/16/2009 | House | Pension Note Filed | 3/17/2009 | House | Housing Affordability Impact Note Filed | 3/17/2009 | House | Fiscal Note Filed | 3/18/2009 | House | Judicial Note Filed | 3/18/2009 | House | Correctional Note Filed | 3/19/2009 | House | Balanced Budget Note Filed | 3/24/2009 | House | Home Rule Note Filed | 3/24/2009 | House | State Mandates Fiscal Note Filed | 3/31/2009 | House | Second Reading - Short Debate | 3/31/2009 | House | Placed on Calendar Order of 3rd Reading - Short Debate | 4/1/2009 | House | Added Chief Co-Sponsor Rep. Eddie Washington | 4/3/2009 | House | Rule 19(a) / Re-referred to Rules Committee | 1/11/2011 | House | Session Sine Die |
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