Illinois General Assembly - Bill Status for SB1906
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 Bill Status of SB1906  102nd General Assembly


Short Description:  FINANCE AUTHORITY-PROJECTS

Senate Sponsors
Sen. David Koehler - Mike Jacobs - A. J. Wilhelmi - Michael W. Frerichs, Kyle McCarter, Gary Forby, Gary G. Dahl, Dale A. Righter, John O. Jones, Jacqueline Y. Collins, John M. Sullivan, Martin A. Sandoval, James F. Clayborne, Jr., Dale E. Risinger, Donne E. Trotter and Emil Jones, III

House Sponsors
(Rep. William B. Black - Frank J. Mautino - Jehan A. Gordon - Thomas Holbrook - Deborah L. Graham, Jack McGuire, Jerry L. Mitchell, David R. Leitch, Joseph M. Lyons, Al Riley, Dave Winters, Daniel V. Beiser, Brandon W. Phelps, Michael J. Zalewski, Greg Harris, LaShawn K. Ford, Jay C. Hoffman, Patrick J. Verschoore, Michael K. Smith, William D. Burns and Donald L. Moffitt)

Last Action
DateChamber Action
  7/29/2009SenatePublic Act . . . . . . . . . 96-0103

Statutes Amended In Order of Appearance
20 ILCS 3501/801-5
20 ILCS 3501/801-10
20 ILCS 3501/801-55 new


Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Act applies to certain projects located outside of the State, if the project involves property or facilities that are owned, operated, leased, or managed by an entity located within the State. Sets forth criteria for approving out-of-State projects. Provides that the Authority shall not provide financing for any project, or portion of a project, located outside of the United States. Provides that the Authority shall not provide financing that constitutes an indebtedness of the State for any project, or portion of a project, located outside of the State. Provides that the Illinois Finance Authority may approve an application to finance or refinance a project located outside of the State only if the Authority has the ability to issue at least another $1,000,000,000 of bonds after giving effect to the financing or refinancing or the out-of-state project. Proposes that the Authority shall not provide financing that uses State volume cap under Section 146 of the Internal Revenue Code of 1986 for a project located outside of the State. Effective immediately.

Senate Floor Amendment No. 1
Makes a grammatical correction.

House Floor Amendment No. 3
Deletes reference to:
20 ILCS 3501/801-5
20 ILCS 3501/801-10
Adds reference to:
20 ILCS 3501/825-70
20 ILCS 3501/825-75
20 ILCS 3501/830-25

Deletes everything after the enacting clause. Amends the Illinois Finance Authority Act. Authorizes bonds for clean coal projects, coal projects, and renewable energy projects. Increases and reallocates the authorization for clean coal and renewable energy projects. Defines "Clean Coal Project", "Coal Project", and "Renewable Energy Project". Contains other provisions.

Actions 
DateChamber Action
  2/20/2009SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/20/2009SenateFirst Reading
  2/20/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Commerce
  3/12/2009SenateDo Pass Commerce; 009-000-000
  3/12/2009SenatePlaced on Calendar Order of 2nd Reading March 17, 2009
  3/24/2009SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.
  3/24/2009SenateSenate Floor Amendment No. 1 Referred to Assignments
  3/25/2009SenateSenate Floor Amendment No. 1 Assignments Refers to Commerce
  3/26/2009SenateAdded as Co-Sponsor Sen. Kyle McCarter
  3/31/2009SenateSenate Floor Amendment No. 1 Recommend Do Adopt Commerce; 006-000-000
  3/31/2009SenateSecond Reading
  3/31/2009SenateSenate Floor Amendment No. 1 Adopted; Clayborne
  3/31/2009SenatePlaced on Calendar Order of 3rd Reading April 1, 2009
  4/1/2009SenatePlaced on Calendar Order of 3rd Reading ** April 2, 2009
  4/2/2009SenateThird Reading - Passed; 058-000-001
  4/3/2009HouseArrived in House
  4/3/2009HousePlaced on Calendar Order of First Reading
  4/3/2009HouseChief House Sponsor Rep. William B. Black
  4/6/2009HouseFirst Reading
  4/6/2009HouseReferred to Rules Committee
  4/20/2009HouseAssigned to State Government Administration Committee
  4/23/2009HouseAdded Alternate Chief Co-Sponsor Rep. Frank J. Mautino
  5/6/2009HouseDo Pass / Short Debate State Government Administration Committee; 011-004-000
  5/6/2009HousePlaced on Calendar 2nd Reading - Short Debate
  5/7/2009HouseAdded Alternate Co-Sponsor Rep. Jack McGuire
  5/12/2009HouseSecond Reading - Short Debate
  5/12/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/14/2009HouseAdded Alternate Chief Co-Sponsor Rep. Jehan A. Gordon
  5/18/2009HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. William B. Black
  5/18/2009HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Jerry L. Mitchell
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. David R. Leitch
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Al Riley
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Dave Winters
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Paul D. Froehlich
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Daniel V. Beiser
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Brandon W. Phelps
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Michael J. Zalewski
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Greg Harris
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. LaShawn K. Ford
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Mark L. Walker
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Jay C. Hoffman
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Robert F. Flider
  5/18/2009HouseAdded Alternate Chief Co-Sponsor Rep. Thomas Holbrook
  5/18/2009HouseHouse Floor Amendment No. 1 Rules Refers to State Government Administration Committee
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Patrick J. Verschoore
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. Michael K. Smith
  5/18/2009HouseAdded Alternate Co-Sponsor Rep. William D. Burns
  5/19/2009HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. William B. Black
  5/19/2009HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/19/2009HouseAlternate Co-Sponsor Removed Rep. Paul D. Froehlich
  5/19/2009HouseAlternate Co-Sponsor Removed Rep. Mark L. Walker
  5/19/2009HouseAlternate Co-Sponsor Removed Rep. Robert F. Flider
  5/19/2009HouseHouse Floor Amendment No. 2 Rules Refers to State Government Administration Committee
  5/19/2009HouseAdded Alternate Chief Co-Sponsor Rep. Deborah L. Graham
  5/19/2009HouseHouse Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 017-000-000
  5/21/2009SenateChief Sponsor Changed to Sen. David Koehler
  5/22/2009HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. William B. Black
  5/22/2009HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  5/22/2009HouseFinal Action Deadline Extended-9(b) May 29, 2009
  5/26/2009HouseHouse Floor Amendment No. 3 Rules Refers to State Government Administration Committee
  5/26/2009HouseRecalled to Second Reading - Short Debate
  5/26/2009HouseHouse Floor Amendment No. 2 Withdrawn by Rep. William B. Black
  5/26/2009HouseHeld on Calendar Order of Second Reading - Short Debate
  5/27/2009HouseHouse Floor Amendment No. 3 Recommends Be Adopted State Government Administration Committee; 012-000-000
  5/28/2009HouseHouse Floor Amendment No. 3 Adopted by Voice Vote
  5/28/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/28/2009HouseThird Reading - Short Debate - Passed 118-000-000
  5/28/2009HouseHouse Floor Amendment No. 1 Tabled Pursuant to Rule 40(a)
  5/28/2009HouseAdded Alternate Co-Sponsor Rep. Donald L. Moffitt
  5/28/2009SenateSecretary's Desk - Concurrence House Amendment(s) 3
  5/28/2009SenatePlaced on Calendar Order of Concurrence House Amendment(s) 3 - May 29, 2009
  5/28/2009SenateHouse Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. David Koehler
  5/28/2009SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Assignments
  5/29/2009SenateAdded as Chief Co-Sponsor Sen. Mike Jacobs
  5/29/2009SenateAdded as Chief Co-Sponsor Sen. A. J. Wilhelmi
  5/29/2009SenateAdded as Chief Co-Sponsor Sen. Michael W. Frerichs
  5/29/2009SenateHouse Floor Amendment No. 3 Motion to Concur Assignments Referred to Energy
  5/29/2009SenateAdded as Co-Sponsor Sen. Gary Forby
  5/29/2009SenateHouse Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Energy; 011-000-000
  5/29/2009SenateAdded as Co-Sponsor Sen. Gary G. Dahl
  5/29/2009SenateAdded as Co-Sponsor Sen. Dale A. Righter
  5/29/2009SenateAdded as Co-Sponsor Sen. John O. Jones
  5/29/2009SenateAdded as Co-Sponsor Sen. Jacqueline Y. Collins
  5/29/2009SenateAdded as Co-Sponsor Sen. John M. Sullivan
  5/29/2009SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
  5/29/2009SenateAdded as Co-Sponsor Sen. James F. Clayborne, Jr.
  5/29/2009SenateAdded as Co-Sponsor Sen. Dale E. Risinger
  5/30/2009SenateAdded as Co-Sponsor Sen. Donne E. Trotter
  5/30/2009SenateAdded as Co-Sponsor Sen. Emil Jones, III
  5/30/2009SenateHouse Floor Amendment No. 3 Senate Concurs 052-000-001
  5/30/2009SenatePassed Both Houses
  6/26/2009SenateSent to the Governor
  7/29/2009SenateGovernor Approved
  7/29/2009SenateEffective Date January 1, 2010
  7/29/2009SenatePublic Act . . . . . . . . . 96-0103

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