Illinois General Assembly - Bill Status for HB3706
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB3706  103rd General Assembly


House Sponsors
Rep. Debbie Meyers-Martin

Senate Sponsors
(Sen. Michael E. Hastings)

Last Action
DateChamber Action
  3/29/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
New Act
20 ILCS 3501/825-13.1 new

Synopsis As Introduced
Creates the University Park Development Authority Act. Creates the University Park Development Authority for the purpose of facilitating and promoting the redevelopment of certain property. Provides that the jurisdiction of the Authority extends over the Village of University Park and any and all property that the Village may annex during the course of the existence of the Authority. Provides that the Authority is governed by a 5-member Board of Directors. Sets forth the powers and responsibilities of the Authority, including the power to acquire, own, lease, sell, and dispose of real property and, under the supervision of the Illinois Finance Authority, the power to issue revenue bonds. Contains other provisions. Amends the Illinois Finance Authority Act. Provides that all bond issuances of the University Park Development Authority are subject to supervision, management, control, and approval of the Illinois Finance Authority. Effective immediately.

DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Debbie Meyers-Martin
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Cities & Villages Committee
  3/7/2023HouseDo Pass / Short Debate Cities & Villages Committee; 016-000-000
  3/8/2023HousePlaced on Calendar 2nd Reading - Short Debate
  3/15/2023HouseSecond Reading - Short Debate
  3/15/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/22/2023HouseThird Reading - Short Debate - Passed 113-000-000
  3/23/2023SenateArrive in Senate
  3/23/2023SenatePlaced on Calendar Order of First Reading March 24, 2023
  3/29/2023SenateChief Senate Sponsor Sen. Michael E. Hastings
  3/29/2023SenateFirst Reading
  3/29/2023SenateReferred to Assignments

Back To Top