MORROW-HANNIG-SCHOENBERG-DAVIS,MONIQUE, FRITCHEY, FRANKS, SCOTT, FLOWERS, GILES AND HOFFMAN. (WEAVER) 30 ILCS 330/5 from Ch. 127, par. 655 Amends the General Obligation Bond Act. Includes the 2001 Illinois School Construction and Infrastructure Assistance Program in the Section concerning bond authorization for school construction. STATE DEBT NOTE (Economic and Fiscal Commission) HB 3521 would not change the amount of authorization for any type of State-issued or State-support bond and, therefore, would not affect the level of State indebtedness. HOUSE AMENDMENT NO. 1. Adds reference to: 30 ILCS 330/2 from Ch. 127, par. 652 Deletes everything. Amends the General Obligation Bond Act. Increases by $500,000,000 the amount of bonds that may be issued to make grants for school improvement projects under the School Construction Law. Effective July 1, 2001. STATE DEBT NOTE, H-AM 1 (Economic and Fiscal Commission) HB 3521 (H-am 1) would increase: General Obligation principal by $500.0 million Potential General Obligation debt by $908.1 million Annual debt service by $ 36.8 million BALANCED BUDGET NOTE, H-AM 1 (Bureau of the Budget) Since HB 3521 is not a supplemental appropriation bill, the Balanced Budget Note Act is inapplicable. FISCAL NOTE, H-AM 1 (Bureau of the Budget) Assuming all of the authorized bonds are issued under pre- vailing interest rates, the impact would be approximately $40,000,000 to $50,000,000 GRF for each of the next 20 years. STATE DEBT NOTE, ENGROSSED (Economic and Fiscal Commission) Same as previous State Debt Note. MAR-05-2001 H FILED WITH CLERK MAR-05-2001 H FIRST READING MAR-05-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-05-2001 H ADDED AS A JOINT SPONSOR HANNIG MAR-06-2001 H ASSIGNED TO COMMITTEE APP-PUB SAFTY MAR-16-2001 H COMMITTEE DEADLINE EXTENDED-RULE 9(B)-APRIL 6, 2001 MAR-16-2001 H COMMITTEE APP-PUB SAFTY MAR-20-2001 H STATE DEBT IMPACT NOTE FILED MAR-20-2001 H COMMITTEE APP-PUB SAFTY MAR-28-2001 H DO PASS/SHORT DEBATE 011-000-000 HAPP MAR-28-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-28-2001 H AMENDMENT NO. 01-MADIGAN,MJ MAR-28-2001 H AMENDMENT REFERRED TO HRUL MAR-28-2001 H SECOND READING-SHORT DEBATE MAR-28-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-02-2001 H AMENDMENT NO. 01-MADIGAN,MJ APR-02-2001 H RULES REFERS TO HAPE APR-02-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-03-2001 H AMENDMENT NO. 01-MADIGAN,MJ APR-03-2001 H RECOMMENDS BE ADOPTED HAPE/015-000-000 APR-03-2001 H FISCAL NOTE REQUESTED AS AMENDED BY HOUSE AMEND #1 APR-03-2001 H -MITCHELL,JERRY APR-03-2001 H ST DEBT IMPACT NOTE REQUESTED AS AMENDED BY HOUSE AMEND #1 APR-03-2001 H -MITCHELL,JERRY APR-03-2001 H AMENDMENT NO. 02-MITCHELL,JERRY APR-03-2001 H AMENDMENT REFERRED TO HRUL APR-03-2001 H AMENDMENT NO. 01-MADIGAN,MJ APR-03-2001 H ADOPTED APR-03-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-03-2001 H ADDED AS A JOINT SPONSOR SCHOENBERG APR-03-2001 H ADDED AS A JOINT SPONSOR DAVIS,MONIQUE APR-03-2001 H ADDED AS A CO-SPONSOR FRITCHEY APR-03-2001 H PRIMARY SPONSOR CHANGED TO MORROW APR-04-2001 H ST DEBT IMPACT NOTE FILED AS AMENDED BY HOUSE AMEND #1 APR-04-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-05-2001 H BALANCED BUDGET NOTE FILED AS AMENDED BY HOUSE AMEND #1 APR-05-2001 H FISCAL NOTE FILED AS AMENDED BY HOUSE AMEND #1 APR-05-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-05-2001 H TABLED PURSUANT TO RULE 40(a) HA #2 APR-05-2001 H 3/5 VOTE REQUIRED APR-05-2001 H THIRD READING/SHORT DEBATE/PASSED 116-000-000 APR-05-2001 H ADDED AS A CO-SPONSOR FRANKS APR-05-2001 H ADDED AS A CO-SPONSOR DART APR-05-2001 H ADDED AS A CO-SPONSOR SCOTT APR-05-2001 H ADDED AS A CO-SPONSOR FLOWERS APR-05-2001 H ADDED AS A CO-SPONSOR GILES APR-05-2001 H ADDED AS A CO-SPONSOR HOFFMAN APR-06-2001 S ARRIVE IN SENATE APR-06-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-04-17 APR-17-2001 S CHIEF SPONSOR WEAVER APR-17-2001 S FIRST READING APR-17-2001 S REFERRED TO SENATE RULES COMMITTEE RULES MAY-09-2001 S ADDED AS A CO-SPONSOR WATSON APR-10-2002 S ASSIGNED TO COMMITTEE APPROP APR-19-2002 S STATE DEBT IMPACT NOTE FILED AS ENGROSSED APR-19-2002 S COMMITTEE APPROP APR-24-2002 S POSTPONED APR-24-2002 S COMMITTEE APPROP APR-26-2002 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary