Date	Chamber	Action
8/15/2014	House	Public Act . . . . . . . . . 98-0906

Statutes Amended In Order of Appearance

70 ILCS 1205/6-4

from Ch. 105, par. 6-4

70 ILCS 1205/6-7 new

Synopsis As Introduced
Amends the Park District Code. Provides that the board of a park district may borrow money for any corporate purpose from a bank or other financial institution, provided that the money shall be repaid within 2 years from the general funds of the park district and such other sources of payment as are otherwise lawfully available. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the park district, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". Effective immediately.

Actions 

Date	Chamber	Action
2/4/2014	House	Filed with the Clerk by Rep. Robert F. Martwick
2/4/2014	House	First Reading
2/4/2014	House	Referred to Rules Committee
3/3/2014	House	Assigned to Counties & Townships Committee
3/20/2014	House	Added Chief Co-Sponsor Rep. John M. Cabello
3/21/2014	House	Do Pass / Short Debate Counties & Townships Committee; 005-000-000
3/21/2014	House	Placed on Calendar 2nd Reading - Short Debate
3/24/2014	House	Second Reading - Short Debate
3/24/2014	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/1/2014	House	Third Reading - Short Debate - Passed 082-030-001
4/2/2014	Senate	Arrive in Senate
4/2/2014	Senate	Placed on Calendar Order of First Reading April 3, 2014
4/4/2014	Senate	Chief Senate Sponsor Sen. Jennifer Bertino-Tarrant
4/7/2014	Senate	First Reading
4/7/2014	Senate	Referred to Assignments
4/23/2014	Senate	Assigned to Local Government
4/30/2014	Senate	Do Pass Local Government; 009-002-000
4/30/2014	Senate	Placed on Calendar Order of 2nd Reading May 1, 2014
5/7/2014	Senate	Second Reading
5/7/2014	Senate	Placed on Calendar Order of 3rd Reading May 8, 2014
5/21/2014	Senate	Third Reading - Passed; 050-007-000
5/21/2014	House	Passed Both Houses
6/19/2014	House	Sent to the Governor
8/15/2014	House	Governor Approved
8/15/2014	House	Effective Date August 15, 2014
8/15/2014	House	Public Act . . . . . . . . . 98-0906

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