Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

5 ILCS 120/2

from Ch. 102, par. 42

5 ILCS 140/7.5

Synopsis As Introduced
Creates the Local Government Bankruptcy Neutral Evaluation Act. Makes legislative findings. Defines terms. Authorizes a local public entity to initiate a neutral evaluation process if that entity is or likely will become unable to meet its financial obligations as and when those obligations are due or become due and owing. Sets forth procedures concerning the selection and qualifications of an evaluator, the evaluation process, cessation of an evaluation, declaration of a fiscal emergency, and liabilities. Further provides that any meetings or writings made in connection with the neutral evaluation process shall be prohibited from public viewing. Amends the Open Meetings Act. Provides that a public body may hold closed meetings when the meetings are made pursuant to the Local Government Bankruptcy Neutral Evaluation Act. Amends the Freedom of Information Act. Provides that all records and information prohibited from being disclosed pursuant to the Local Government Bankruptcy Neutral Evaluation Act are exempt from inspection and copying.

Actions 

Date	Chamber	Action
2/16/2012	House	Filed with the Clerk by Rep. John E. Bradley
2/16/2012	House	First Reading
2/16/2012	House	Referred to Rules Committee
4/24/2012	House	Final Action Deadline Extended-9(b) May 31, 2012
4/24/2012	House	Assigned to Labor Committee
5/31/2012	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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