Bill Status of HB 1080   94th General Assembly

Short Description:  SOUTHERN IL ECON DEV AUTHORITY

House Sponsors
Rep. John E. Bradley-Brandon W. Phelps

Last Action  View All Actions

DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 5/3-1from Ch. 15, par. 303-1

Synopsis As Introduced
Creates the Southern Illinois Economic Development Authority Act. The territory of the Authority includes the counties of: Franklin, Williamson, Jackson, Union, Alexander, Pulaski, Massac, Pope, Saline, Hardin, Gallatin, and Johnson. Makes findings about the economic conditions in southern Illinois. Provides definitions. Establishes a process for the appointment of 10 members to the Authority. Provides that the Governor appoints 9 members with the advice and consent of the Senate and 1 member is appointed by the Director of Commerce and Economic Opportunity. Provides that except for initial board members (who are given a term of 2, 3, 4, 5, 6, or 7 years), a member's term is 3 years. Provides that the Authority shall appoint an executive director. Provides for powers of the Authority, such as: enter into loans or contracts; ability to sue and be sued; utilize the services of the Illinois Finance Authority; adopt ordinances; accept and expend appropriations; and, own, lease, or sell real estate. Authorizes the Authority to issue bonds up to $250 million with the Governor's written approval. States that the bonds and notes that the Authority issues shall be exempt from taxes except for the estate, transfer, and inheritance taxes. Allows the Authority to create enterprise zones. Makes the Authority subject to audit by the Auditor General. Effective immediately.

House Amendment No. 1
Amends the Southern Illinois Economic Development Authority Act. Deletes the provision in which the State pays the amounts due on Authority bonds when the Authority cannot pay the amounts due. Deletes the provision for the Authority to designate enterprise zones.

Actions 
DateChamber Action
  2/8/2005HouseFiled with the Clerk by Rep. John E. Bradley
  2/8/2005HouseFirst Reading
  2/8/2005HouseReferred to Rules Committee
  2/18/2005HouseAdded Chief Co-Sponsor Rep. Brandon W. Phelps
  3/1/2005HouseAssigned to Executive Committee
  3/9/2005HouseHouse Amendment No. 1 Filed with Clerk by Executive Committee
  3/9/2005HouseHouse Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/9/2005HouseDo Pass as Amended / Short Debate Executive Committee; 013-000-000
  3/10/2005HousePlaced on Calendar 2nd Reading - Short Debate
  4/5/2005HouseSecond Reading - Short Debate
  4/5/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/6/2005HouseRecalled to Second Reading - Short Debate
  4/6/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  4/15/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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