BUILD IL BOND-INCREASE AUTH
Synopsis of Bill as introduced:
Amends the Build Illinois Bond Act to decrease the authorization
for bonds by $1. Effective July 1, 2001.
STATE DEBT NOTE (Economic and Fiscal Commission)
HB 3489 would decrease by $1 the total amount of Build Illinois
bonds the State is authorized to issue, sell, and retire.
STATE DEBT NOTE, ENGROSSED (Economic and Fiscal Commission)
Same as previous note.
SENATE AMENDMENT NO. 2.
Adds reference to:
30 ILCS 425/4
Deletes everything. Amends the Build Illinois Bond Act. Increases
the general authorization for bonds under the Act from $2,851,970,000
to $3,540,715,000 with specific increases as follows: from
$2,029,889,000 to $2,399,954,000 for public infrastructure; from
$114,301,500 to $139,301,500 for fostering economic development and
increased employment and the well being of the citizens of Illinois;
from $559,128,600 to $851,308,600 for the development and improvement
of educational, scientific, technical, and vocational programs and
facilities and the expansion of health and human services for all
citizens of Illinois; and from $148,650,900 to $150,150,900 for
protection, preservation, restoration, and conservation of environ-
mental and natural resources. Effective immediately.
Last action on Bill: PUBLIC ACT.............................. 92-0009
Last action date: JUN-11-2001
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status