Bill Status of HB 4992   99th General Assembly

Short Description:  CDB-FEDERAL FUNDS

House Sponsors
Rep. Tim Butler-Anthony DeLuca-William Davis-John D. Anthony, John M. Cabello and Robert Martwick

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 330/15from Ch. 127, par. 665
30 ILCS 420/9afrom Ch. 127, par. 759a

Synopsis As Introduced
Amends the General Obligation Bond Act. Provides that the unused portion of federal funds received for or as reimbursement for a capital facilities project (currently, the unused portion of federal funds received for a capital facilities project) shall remain in the Capital Development Board Contributory Trust Fund. Removes a provision providing that any federal funds received as reimbursement for the completed construction of a capital improvement project shall be deposited in the Capital Development Bond Retirement and Interest Fund. Amends the Capital Development Bond Act of 1972. Makes conforming changes. Effective immediately.

Actions 
DateChamber Action
  2/8/2016HouseFiled with the Clerk by Rep. Tim Butler
  2/8/2016HouseFirst Reading
  2/8/2016HouseReferred to Rules Committee
  2/11/2016HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
  3/3/2016HouseAdded Chief Co-Sponsor Rep. William Davis
  3/3/2016HouseAdded Co-Sponsor Rep. John M. Cabello
  3/3/2016HouseAdded Co-Sponsor Rep. Robert Martwick
  3/3/2016HouseAdded Co-Sponsor Rep. John D. Anthony
  3/8/2016HouseAdded Chief Co-Sponsor Rep. John D. Anthony
  3/8/2016HouseRemoved Co-Sponsor Rep. John D. Anthony
  1/10/2017HouseSession Sine Die

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