92nd General Assembly Summary of SB2216    [ Home ]   [ Back ]   [ Legislation ]

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Senate Sponsors:
RAUSCHENBERGER.

House Sponsors:
TENHOUSE

Short description: 
DEVELOP FIN AUTH-BOND INCREASE                                             

Synopsis of Bill as introduced:
        Amends the Illinois Development Finance Authority Act.  Increases      
   the  Authority's  Infrastructure  Bond authorization to $2,000,000,001      
   (currently  2,000,000,000)  and  increases  limits  on  certain  other      
   outstanding  bonds   to   5,400,000,001   (currently   5,400,000,000).      
   Effective on July 1, 2002.                                                  
        HOUSE AMENDMENT NO. 1.                                                 
        Changes  the  amount  of  the   increase   in   the   Authority's      
   Infrastructure Bond authorization from $1 to $200,000,000. Changes the      
   amount  of  the  increase  on  the limits on certain other outstanding      
   bonds from $1 to $800,000,000.                                              
 
Last action on Bill: PUBLIC ACT.............................. 92-0605

   Last action date: JUN-28-2002

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 


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