LANG-SCOTT AND BUGIELSKI. 30 ILCS 330/2 from Ch. 127, par. 652 110 ILCS 920/4 from Ch. 144, par. 2404 Amends the General Obligation Bond Act and the Baccalaureate Savings Act. Authorizes the amount of $2,200,000,000 (now $1,700,000,000) for College Savings Bonds. Effective immediately. STATE DEBT IMPACT NOTE Debt impact summary: increase: General Obligation principal $500.0 million Potential general obligation debt $978.6 million Annual debt service payments $ 39.1 million 97-01-29 H FIRST READING 97-01-29 H ADDED AS A JOINT SPONSOR SCOTT 97-01-29 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-05 H ASSIGNED TO COMMITTEE APP-EDUCATION 97-02-20 H STATE DEBT IMPACT NOTE FILED 97-02-20 H COMMITTEE APP-EDUCATION 97-03-04 H ADDED AS A CO-SPONSOR BUGIELSKI 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary