90th General Assembly
Status of SB0087
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WEAVER,S-SEVERNS.

(RUTHERFORD-HANNIG-RYDER)

   30 ILCS 330/2                                                               
   30 ILCS 330/3                                                               
   30 ILCS 330/4                                                               
   30 ILCS 330/6                                                               
   110 ILCS 920/4                                                              

        Amends the General Obligation Bond Act to increase  authorization      
   by   $659,500,000.    Amends  the  General  Obligation  Bond  Act  and      
   Baccalaureate Savings Act to increase authorization for  the  sale  of      
   college savings bonds by $500,000,000. Effective immediately.               
          STATE DEBT IMPACT NOTE, ENGROSSED                                    
          SB 87, as engrossed, would increase:                                 
           General Obligation principal by                 $659.5 million      
           Potential general obligation debt by            $  1.3 billion      
           Annual debt service payments by                 $ 51.6 million      
   97-01-23  S  FIRST READING                                                  
   97-01-23  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-01-23  S       ASSIGNED TO COMMITTEE               APPROP                
   97-02-05  S       DO PASS                             009-000-004   SAPA    
   97-02-05  S  PLACED ON CALENDAR ORDER OF 2ND READING                        
   97-02-05  S  SECOND READING                                                 
   97-02-05  S  PLACED ON CALENDAR ORDER OF 3RD READING  97-02-06              
   97-02-05  S  FILED WITH SECRETARY                                           
   97-02-05  S                             AMENDMENT NO. 01-TROTTER            
   97-02-05  S                     AMENDMENT REFERRED TO SRUL                  
   97-02-05  S  CALENDAR ORDER OF 3RD READING            97-02-06              
   97-02-06  S  ADDED AS A CHIEF CO-SPONSOR              SEVERNS               
   97-02-06  S                         3/5 VOTE REQUIRED                       
   97-02-06  S  THIRD READING - PASSED                   037-010-009           
   97-02-06  S  TABLED PURSUANT TO RULE                  5-4(A) SA 01          
   97-02-06  S  THIRD READING - PASSED                   037-010-009           
   97-02-06  H  HOUSE SPONSOR                            HANNIG                
   97-02-06  H  ARRIVE IN HOUSE                                                
   97-02-06  H  PLACED CALENDAR ORDER OF FIRST READING                         
   97-02-10  H  FIRST READING                                                  
   97-02-10  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-02-10  H  ALTERNATE PRIMARY SPONSOR CHANGED TO     RYDER                 
   97-02-10  H  ADDED AS A JOINT SPONSOR                 HANNIG                
   97-02-11  H       ASSIGNED TO COMMITTEE               APP-PUB SAFTY         
   97-02-18  H  STATE DEBT IMPACT NOTE FILED             AS ENGROSSED          
   97-02-18  H  DO PASS/SHORT DEBATE                     011-001-001   HAPP    
   97-02-18  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   97-02-18  H  SECOND READING-SHORT DEBATE                                    
   97-02-18  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   97-02-18  H  ALTERNATE PRIMARY SPONSOR CHANGED TO     RUTHERFORD            
   97-02-19  H                         3/5 VOTE REQUIRED                       
   97-02-19  H  THIRD READING/SHORT DEBATE/PASSED        106-004-007           
   97-02-19  S  PASSED BOTH HOUSES                                             
   97-02-20  S  SENT TO THE GOVERNOR                                           
   97-02-20  S  GOVERNOR APPROVED                                              
   97-02-20  S                            EFFECTIVE DATE 97-02-20              
   97-02-20  S  PUBLIC ACT.............................. 90-0001               

   END OF INQUIRY 



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