Bill Status of SB 3563   103rd General Assembly

Short Description:  LIBRARY-BOND PERCENTAGE

Senate Sponsors
Sen. John F. Curran-Linda Holmes, Laura M. Murphy and Mary Edly-Allen

House Sponsors
(Rep. Lance Yednock-Laura Faver Dias)


Last Action  View All Actions

DateChamber Action
  8/9/2024SenatePublic Act . . . . . . . . . 103-1016

Statutes Amended In Order of Appearance
75 ILCS 5/4-9from Ch. 81, par. 4-9
75 ILCS 10/5from Ch. 81, par. 115
75 ILCS 16/30-45

Synopsis As Introduced
Amends the Illinois Local Library Act. Provides that the bond of a library treasurer or custodian of the moneys paid over to a library board shall not be less than 10% (rather than 50%) of the total funds received by the library in the last fiscal year or the treasurer or custodian of the moneys paid over to a library board may provide insurance coverage for negligent and intentional acts by library officials and employees that could result in the loss of library funds in an amount at least equal to 10% (rather than 50%) of the average amount of the library's operating fund from the prior 3 fiscal years. Makes similar changes in the Illinois Library System Act and the Public Library District Act of 1991 relating to treasurer bonds. Effective immediately.

House Floor Amendment No. 1
Deletes reference to:
75 ILCS 5/4-9from Ch. 81, par. 4-9
75 ILCS 10/5from Ch. 81, par. 115
75 ILCS 16/30-45
Adds reference to:
65 ILCS 5/11-74.4-3.5

Replaces everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs to not later than December 31 of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 32nd calendar year after the year in which the ordinance approving the redevelopment project area was adopted if the ordinance was adopted on April 19, 2004 by the Village of Tremont. Extends the estimated dates of completion of redevelopment projects and the retirement of obligations issued to finance redevelopment project costs to the 35th calendar year after the year in which various ordinances were adopted by the Village of Franklin Park, City of Jacksonville, City of Prophetstown, City of Ottawa, City of Salem, Village of Malta, City of Highland, City of Chicago, City of Des Plaines, City of Sullivan, and City of Oak Forest. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for various ordinances adopted by the City of Ottawa and Village of Rosemont if those municipalities adopt a specified ordinance and provide notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.

Actions 
DateChamber Action
  2/9/2024SenateFiled with Secretary by Sen. Erica Harriss
  2/9/2024SenateFirst Reading
  2/9/2024SenateReferred to Assignments
  2/20/2024SenateAssigned to Local Government
  3/6/2024SenateAdded as Chief Co-Sponsor Sen. Linda Holmes
  3/7/2024SenateDo Pass Local Government; 009-000-000
  3/7/2024SenatePlaced on Calendar Order of 2nd Reading March 12, 2024
  3/14/2024SenateSecond Reading
  3/14/2024SenatePlaced on Calendar Order of 3rd Reading March 20, 2024
  4/10/2024SenatePlaced on Calendar Order of 3rd Reading **
  4/10/2024SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/11/2024SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  4/12/2024SenateThird Reading - Passed; 059-000-000
  4/12/2024HouseArrived in House
  4/15/2024HouseChief House Sponsor Rep. Jenn Ladisch Douglass
  4/15/2024HouseFirst Reading
  4/15/2024HouseReferred to Rules Committee
  4/24/2024HouseAssigned to Revenue & Finance Committee
  4/29/2024HouseAdded Alternate Chief Co-Sponsor Rep. Laura Faver Dias
  5/3/2024HouseCommittee/Final Action Deadline Extended-9(b) May 24, 2024
  5/15/2024HouseMotion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Kam Buckner
  5/15/2024HouseMotion to Suspend Rule 21 - Prevailed by Voice Vote
  5/16/2024HouseDo Pass / Short Debate Revenue & Finance Committee; 019-000-000
  5/16/2024HousePlaced on Calendar 2nd Reading - Short Debate
  5/16/2024HouseSecond Reading - Short Debate
  5/16/2024HouseHeld on Calendar Order of Second Reading - Short Debate
  5/24/2024HouseAlternate Chief Sponsor Changed to Rep. Lance Yednock
  5/24/2024HouseThird Reading/Final Action Deadline Extended-9(b) May 27, 2024
  5/25/2024HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Lance Yednock
  5/25/2024HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  5/25/2024HouseHouse Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee
  5/25/2024HouseHouse Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 019-000-000
  5/25/2024HouseHouse Floor Amendment No. 1 Adopted
  5/25/2024HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/25/2024HouseThird Reading - Short Debate - Passed 092-011-000
  5/25/2024SenateChief Sponsor Changed to Sen. John F. Curran
  5/25/2024SenateSecretary's Desk - Concurrence House Amendment(s) 1
  5/25/2024SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 25, 2024
  5/26/2024SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. John F. Curran
  5/26/2024SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments
  5/26/2024SenateHouse Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
  5/26/2024SenateHouse Floor Amendment No. 1 Senate Concurs 051-003-001
  5/26/2024SenateSenate Concurs
  5/26/2024SenatePassed Both Houses
  6/24/2024SenateSent to the Governor
  8/9/2024SenateGovernor Approved
  8/9/2024SenateEffective Date August 9, 2024
  8/9/2024SenatePublic Act . . . . . . . . . 103-1016

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