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

Statutes Amended In Order of Appearance

105 ILCS 5/19-1

Synopsis As Introduced
Amends the School Code with respect to the debt limitations of school districts. Allows Bureau Valley Community Unit School District 340 to issue bonds with an aggregate principal amount not to exceed $25,000,000 if, among other conditions, (i) the voters of the district approve a proposition for the bond issuance at an election held on or after March 15, 2016; (ii) prior to the issuance of the bonds, the school board determines that the renovating and equipping of some existing school buildings, the building and equipping of new school buildings, and the demolishing of some existing school buildings are required as a result of the age and condition of existing school buildings; and (iii) the bonds are issued, in one or more issuances, on or before July 1, 2021. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and the bonds must mature within not to exceed 30 years from their date. Effective immediately.

Actions 

Date	Chamber	Action
1/20/2016	House	Filed with the Clerk by Rep. David R. Leitch
1/20/2016	House	First Reading
1/20/2016	House	Referred to Rules Committee
2/16/2016	House	Assigned to Elementary & Secondary Education: School Curriculum & Policies Committee
2/16/2016	House	Chief Sponsor Changed to Rep. Tom Demmer
2/16/2016	House	Added Chief Co-Sponsor Rep. David R. Leitch
3/2/2016	House	Do Pass / Short Debate Elementary & Secondary Education: School Curriculum & Policies Committee; 015-006-000
3/2/2016	House	Placed on Calendar 2nd Reading - Short Debate
3/3/2016	House	Added Chief Co-Sponsor Rep. Donald L. Moffitt
4/15/2016	House	Second Reading - Short Debate
4/15/2016	House	Held on Calendar Order of Second Reading - Short Debate
4/22/2016	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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