Illinois General Assembly - Bill Status for HB2388
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 Bill Status of HB2388  95th General Assembly


Short Description:  FINANCE-TECH

House Sponsors
Rep. Michael J. Madigan - Barbara Flynn Currie - Jack D. Franks

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/8.12from Ch. 127, par. 144.12


Synopsis As Introduced
Amends the State Finance Act. Makes a technical change in a Section concerning the State Pensions Fund.

 State Debt Impact Note, House Floor Amendment No. 1 (Government Forecasting & Accountability)
 HB 2388 (H-AM 1) would create a Road Fund Revenue bond authorization of $1.6 billion increasing: Road Fund principal by $1.6 billion; Potential Road Fund debt by $2.7 billion; Annual debt service would range from $150-$67 million. HB 2388 (H-AM 1) would also raise General Obligation bond authorization by $6.069 billion increasing: General Obligation principal by $6.069 billion; Potential General Obligation debt by $9.9 billion; Annual debt service would range from $540-$252 million.

Actions 
DateChamber Action
  2/26/2007HouseFiled with the Clerk by Rep. Michael J. Madigan
  2/26/2007HouseChief Co-Sponsor Rep. Barbara Flynn Currie
  2/26/2007HouseChief Co-Sponsor Rep. Jack D. Franks
  2/26/2007HouseFirst Reading
  2/26/2007HouseReferred to Rules Committee
  3/1/2007HouseAssigned to Executive Committee
  3/14/2007HouseDo Pass / Short Debate Executive Committee; 013-000-000
  3/14/2007HousePlaced on Calendar 2nd Reading - Short Debate **
  4/27/2007HouseRule 19(a) / Re-referred to Rules Committee
  5/29/2008HouseFinal Action Deadline Extended-9(b) May 31, 2008
  5/29/2008HouseApproved for Consideration Rules Committee; 003-001-000
  5/29/2008HousePlaced on Calendar 2nd Reading - Short Debate
  5/29/2008HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Jay C. Hoffman
  5/29/2008HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  5/29/2008HouseHouse Floor Amendment No. 1 Rules Refers to Transportation and Motor Vehicles Committee
  5/29/2008HouseSecond Reading - Short Debate
  5/29/2008HouseHeld on Calendar Order of Second Reading - Short Debate
  5/30/2008HouseHouse Floor Amendment No. 1 Recommends Be Adopted Transportation and Motor Vehicles Committee; 018-000-000
  5/31/2008HouseHouse Floor Amendment No. 1 State Debt Impact Note Filed as Amended
  5/31/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

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