Illinois General Assembly - Bill Status for HB5830
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 Bill Status of HB5830  103rd General Assembly


Short Description:  SCH CD-ALDEN-HEBRON BOND ISSUE

House Sponsors
Rep. Steven Reick

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

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


Synopsis As Introduced
Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.

Actions 
DateChamber Action
  10/27/2022HouseFiled with the Clerk by Rep. Steven Reick
  11/16/2022HouseFirst Reading
  11/16/2022HouseReferred to Rules Committee
  1/10/2023HouseSession Sine Die

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