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

Statutes Amended In Order of Appearance

30 ILCS 350/9

from Ch. 17, par. 6909

35 ILCS 200/18-185

35 ILCS 200/23-50 new

60 ILCS 1/245-20

70 ILCS 805/23

70 ILCS 1205/8-8a

70 ILCS 2605/5.9

from Ch. 42, par. 324s

105 ILCS 5/10-22.44

from Ch. 122, par. 10-22.44

Synopsis As Introduced
Amends the Local Government Debt Reform Act, the Township Code, the Downstate Forest Preserve District Act, the Park District Code, the Metropolitan Water Reclamation District Act, and the School Code. Provides that earned interest included in the annual budget or appropriation ordinance of a governmental unit and earned interest designated as "Reserved" funds in a governmental unit's annual audit or financial reports shall not be construed to be earmarked or restricted unless the governing body specifically states that the interest is earmarked or restricted. Provides that any transfer of interest income prior to the effective date of the amendatory Act that would have been valid under the provisions of the amendatory Act is validated. Amends the Property Tax Code. In the Property Tax Extension Limitation Law, defines "new rate" as a tax included within a taxing district's aggregate extension that was newly authorized by statute after the affected taxing district first became subject to the Property Tax Extension Limitation Law. Provides that taxes that are not submitted to direct referendum under the Property Tax Extension Limitation Law and that are not new rates are validated. Contains provisions allowing taxing districts to accumulate balances in funds. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. M. Maggie Crotty
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
2/23/2011	Senate	Assigned to Revenue
3/3/2011	Senate	Postponed - Revenue
3/17/2011	Senate	To Revenue Subcommittee on Special Issues
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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