Illinois General Assembly - Bill Status for HB5773
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 Bill Status of HB5773  101st General Assembly


Short Description:  SCH CD-BONDS-KOMAREK DISTRICT

House Sponsors
Rep. La Shawn K. Ford

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
105 ILCS 5/19-1


Synopsis As Introduced
Amends the School Code. Provides that, in addition to all other authority to issue bonds, Komarek School District 94 may issue bonds with an aggregate principal amount not to exceed $20,800,000 if certain conditions are met. Provides that the debt incurred on any bonds issued and on any bonds issued to refund or continue to refund those bonds may not be considered indebtedness for purposes of any statutory debt limitation and must mature within 30 years from their date of issuance. Effective immediately.

Actions 
DateChamber Action
  5/8/2020HouseFiled with the Clerk by Rep. La Shawn K. Ford
  5/18/2020HouseFirst Reading
  5/18/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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