Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 330/2

from Ch. 127, par. 652

30 ILCS 330/4

from Ch. 127, par. 654

Synopsis As Introduced
Amends the General Obligation Bond Act. Increases by $1,100,000,000 the amount of General Obligation Bonds authorized for State or local highways, arterial highways, freeways, roads, bridges, and structures separating highways and railroads and roads and for grants to counties, municipalities, townships, or road districts for planning, engineering, acquisition, construction, reconstruction, development, improvement, extension, and all construction-related expenses of the public infrastructure and other transportation improvement projects related to economic development. Amends aggregate General Obligation Bond authorization amounts to reflect the $1,100,000,000 increase. Effective immediately.

	Correctional Note (Dept of Corrections)
	There are no penalty enhancements associated with this bill. The bill would have no fiscal or population impact on the Department of Corrections.

	State Debt Impact Note (Government Forecasting & Accountability)
	HB 3820 would increase general obligation bond authorization by $1.1 billion. Using a conservative 4.5% interest rate, a 25-year maturity and level principal payments, the bonds could increase total General Obligation debt by $1.744 billion with debt service payments ranging from $94 million - $46 million.

	Pension Note (Dept. of Transportation)
	This bill will not impact any public pension fund or retirement system in Illinois.

	Land Conveyance Appraisal Note (Government Forecasting & Accountability)
	No land conveyances are included in this bill; therefore, there are no appraisals to be filed.

	Housing Affordability Impact Note (Housing Development Authority)
	This bill will have no effect on the cost of constructing, purchasing, owning, or selling a single-family residence.

	Judicial Note (Admin Office of the Illinois Courts)
	This bill would neither increase nor decrease the number of judges needed in the State.

	State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity)
	This bill does not create a State mandate.

	Home Rule Note (Dept. of Commerce & Economic Opportunity)
	This bill does not pre-empt home rule authority.

	Fiscal Note (Office of Management and Budget)
	This bill would have minimal to no fiscal impact to the Governor's Office of Management and Budget.

	Balanced Budget Note (Office of Management and Budget)
	This Bill may have a significant fiscal impact on the General Revenue Fund. The Bill may also have an impact on the amounts of appropriations for each year in which debt service is due on the bonds, if issued.

Actions 

Date	Chamber	Action
2/27/2015	House	Filed with the Clerk by Rep. Michael J. Madigan
2/27/2015	House	First Reading
2/27/2015	House	Referred to Rules Committee
3/12/2015	House	Assigned to Executive Committee
3/16/2015	House	Added Chief Co-Sponsor Rep. Barbara Flynn Currie
3/18/2015	House	Do Pass / Short Debate Executive Committee; 007-004-000
3/18/2015	House	Placed on Calendar 2nd Reading - Short Debate
3/19/2015	House	Fiscal Note Requested by Rep. Ed Sullivan
3/19/2015	House	Correctional Note Filed
3/20/2015	House	State Debt Impact Note Filed
3/20/2015	House	Pension Note Filed
3/20/2015	House	Land Conveyance Appraisal Note Filed
3/24/2015	House	Housing Affordability Impact Note Filed
3/24/2015	House	Judicial Note Filed
3/24/2015	House	State Mandates Fiscal Note Filed
3/24/2015	House	Home Rule Note Filed
3/24/2015	House	Fiscal Note Filed
3/24/2015	House	Balanced Budget Note Filed
3/26/2015	House	Second Reading - Short Debate
3/26/2015	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/24/2015	House	Rule 19(a) / Re-referred to Rules Committee
5/12/2015	House	Approved for Consideration Rules Committee; 003-000-000
5/12/2015	House	Final Action Deadline Extended-9(b) May 15, 2015
5/12/2015	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/15/2015	House	Final Action Deadline Extended-9(b) May 22, 2015
5/22/2015	House	Final Action Deadline Extended-9(b) May 31, 2015
5/31/2015	House	Final Action Deadline Extended-9(b) June 30, 2015
6/30/2015	House	Final Action Deadline Extended-9(b) July 31, 2015
7/31/2015	House	Final Action Deadline Extended-9(b) August 31, 2015
8/31/2015	House	Final Action Deadline Extended-9(b) September 30, 2015
9/30/2015	House	Final Action Deadline Extended-9(b) October 31, 2015
10/30/2015	House	Final Action Deadline Extended-9(b) December 4, 2015
12/4/2015	House	Final Action Deadline Extended-9(b) January 29, 2016
1/29/2016	House	Final Action Deadline Extended-9(b) April 28, 2016
4/28/2016	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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