Bill Status of SB 2467   99th General Assembly

Short Description:  CDB-FEDERAL FUNDS

Senate Sponsors
Sen. Iris Y. Martinez, Dale A. Righter and John G. Mulroe-Matt Murphy

House Sponsors
(Rep. Tim Butler-William Davis, John M. Cabello, John D. Anthony, Al Riley, Daniel J. Burke and Anthony DeLuca)


Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession 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
  2/9/2016SenateFiled with Secretary by Sen. Iris Y. Martinez
  2/9/2016SenateFirst Reading
  2/9/2016SenateReferred to Assignments
  2/17/2016SenateAssigned to Revenue
  3/3/2016SenateAdded as Co-Sponsor Sen. Dale A. Righter
  3/3/2016SenateAdded as Co-Sponsor Sen. John G. Mulroe
  3/10/2016SenateDo Pass Revenue; 009-000-000
  3/10/2016SenatePlaced on Calendar Order of 2nd Reading March 16, 2016
  4/13/2016SenateAdded as Chief Co-Sponsor Sen. Matt Murphy
  4/18/2016SenateSecond Reading
  4/18/2016SenatePlaced on Calendar Order of 3rd Reading April 19, 2016
  4/20/2016SenateThird Reading - Passed; 055-000-000
  4/20/2016HouseArrived in House
  4/20/2016HouseChief House Sponsor Rep. Tim Butler
  4/20/2016HouseFirst Reading
  4/20/2016HouseReferred to Rules Committee
  5/5/2016HouseAdded Alternate Chief Co-Sponsor Rep. William Davis
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. John M. Cabello
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. John D. Anthony
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. Al Riley
  5/12/2016HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke
  5/18/2016HouseAdded Alternate Co-Sponsor Rep. Anthony DeLuca
  1/10/2017SenateSession Sine Die

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