Bill Status of HB2499

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HB2499 - 104th General Assembly

LOCAL GOV DEBT-ALTERNATE BONDS
Last Action
2/04/2025 - House: Referred to Rules Committee
House Sponsors
Rep. Steven Reick
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
Date Chamber Action
2/03/2025 House Filed with the Clerk by Rep. Steven Reick
2/04/2025 House First Reading
2/04/2025 House Referred to Rules Committee