DANIELS-RIGHTER. 30 ILCS 330/2 from Ch. 127, par. 652 30 ILCS 330/5 from Ch. 127, par. 655 Amends the General Obligation Bond Act. Increases the maximum general obligation bond authority to $11,895,296,392 (now $10,895,296,392). Increases the maximum authority for school improvement projects authorized by the School Construction Law to $2,100,000,000 (now $1,100,000,000). Effective immediately. STATE DEBT NOTE (Economic and Fiscal Commission) HB 513 would increase: General obligation principal by $1.000 billion Potential general obligation debt by $1.686 billion Annual debt service payments by $ 69.2 million 99-02-03 H FILED WITH CLERK 99-02-03 H FIRST READING 99-02-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-10 H ASSIGNED TO COMMITTEE APP-GEN SERVS 99-02-17 H ADDED AS A JOINT SPONSOR RIGHTER 99-02-23 H STATE DEBT IMPACT NOTE FILED 99-02-23 H COMMITTEE APP-GEN SERVS 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary