Illinois General Assembly - Bill Status for HB5518
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 Bill Status of HB5518  102nd General Assembly


Short Description:  SOUTHERN IL ECON DEV AUTHORITY

House Sponsors
Rep. John E. Bradley and Brandon W. Phelps

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Southern Illinois Economic Development Authority Act. Creates the Southern Illinois Economic Development Authority in Franklin, Perry, Randolph, Jackson, Williamson, Saline, Gallatin, Union, Johnson, Pope, Hardin, Alexander, Pulaski, and Massac Counties in order to promote economic development within those counties. Contains provisions concerning the powers and duties of the Authority. Allows the Authority to acquire, own, sell, lease, or otherwise dispose of interests in real property and to issue bonds, notes, or other evidences of indebtedness for certain purposes in an aggregate amount not to exceed $250,000,000. Provides that the Authority shall be governed by a 21-member board. Contains other provisions. Effective immediately.

Actions 
DateChamber Action
  1/27/2006HouseFiled with the Clerk by Rep. John E. Bradley
  1/27/2006HouseFirst Reading
  1/27/2006HouseReferred to Rules Committee
  2/6/2006HouseAdded Co-Sponsor Rep. Brandon W. Phelps
  1/9/2007HouseSession Sine Die

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