Bill Status of HB3959  103rd General Assembly

Short Description:  IFA BOND PROVISIONS

House Sponsors
Rep. Mark L. Walker

Last Action
DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
20 ILCS 3501/845-7 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Authority is prohibited from requiring an organization or company that receives funding from the Authority to procure a bond. Provides that all bond provisions in existing contracts between the Authority and an organization or company are unenforceable.

DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Mark L. Walker
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to State Government Administration Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee