Illinois General Assembly - Bill Status for HB2499
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 Bill Status of HB2499  104th General Assembly


Short Description:  LOCAL GOV DEBT-ALTERNATE BONDS

House Sponsors
Rep. Steven Reick

Last Action
DateChamber Action
  2/4/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
30 ILCS 350/15from Ch. 17, par. 6915


Synopsis As Introduced
Amends the Local Government Debt Reform Act. Provides that alternate bonds issued on or after the effective date of the amendatory Act may not be secured by the proceeds of general obligation bonds issued without referendum approval. Effective immediately.

Actions 
DateChamber Action
  2/3/2025HouseFiled with the Clerk by Rep. Steven Reick
  2/4/2025HouseFirst Reading
  2/4/2025HouseReferred to Rules Committee

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