Illinois General Assembly - Bill Status for SB3053
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 Bill Status of SB3053  94th General Assembly

Short Description:  BOND AUTHORIZATION

Senate Sponsors
Sen. Donne E. Trotter - Jeffrey M. Schoenberg - Mattie Hunter

Last Action
DateChamber Action
  4/6/2006SenateThird Reading - Lost; 032-026-000

Statutes Amended In Order of Appearance
30 ILCS 330/2from Ch. 127, par. 652
30 ILCS 330/4from Ch. 127, par. 654
30 ILCS 330/5from Ch. 127, par. 655

Synopsis As Introduced
Amends the General Obligation Bond Act. Authorizes the State to incur new debt by issuing up to $3,300,000,000 in additional GO bonds. Authorizes additional amounts from the proceeds of GO bonds to be used for transportation purposes (among them highways and mass transit) and school improvement projects. Effective immediately.

Senate Floor Amendment No. 1
Deletes reference to:
30 ILCS 330/5
Adds reference to:
30 ILCS 425/2from Ch. 127, par. 2802
30 ILCS 425/4from Ch. 127, par. 2804
30 ILCS 330/3from Ch. 127, par. 653

Further amends the General Obligation Bond Act. Deletes the changes concerning school construction bonds. Increases the general authorization for bonds by an additional amount. Increases the authorization for university and community college capital facilities. Amends the Build Illinois Bond Act to authorize additional bonds for educational, scientific, technical, vocational, and other purposes.

Senate Floor Amendment No. 2
Changes the amount of the total bond authorization under the General Obligation Bond Act to $31,014,441,200.

DateChamber Action
  1/20/2006SenateFiled with Secretary by Sen. Donne E. Trotter
  1/20/2006SenateChief Co-Sponsor Sen. Jeffrey M. Schoenberg
  1/20/2006SenateChief Co-Sponsor Sen. Mattie Hunter
  1/20/2006SenateFirst Reading
  1/20/2006SenateReferred to Rules
  2/1/2006SenateAssigned to Executive
  2/8/2006SenateHeld in Executive
  2/15/2006SenateDo Pass Executive; 007-005-000
  2/15/2006SenatePlaced on Calendar Order of 2nd Reading February 16, 2006
  3/1/2006SenateSecond Reading
  3/1/2006SenatePlaced on Calendar Order of 3rd Reading March 2, 2006
  3/2/2006SenateRule 2-10 Third Reading Deadline Extended to January 9, 2007
  4/6/2006SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg
  4/6/2006SenateSenate Floor Amendment No. 1 Referred to Rules
  4/6/2006SenateSenate Floor Amendment No. 1 Rules Refers to Executive
  4/6/2006SenateSenate Floor Amendment No. 1 Chief Sponsor changed to Senator Trotter.
  4/6/2006SenateSenate Floor Amendment No. 1 Recommend Do Adopt Executive; 008-005-000
  4/6/2006SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Donne E. Trotter
  4/6/2006SenateSenate Floor Amendment No. 2 Referred to Rules
  4/6/2006SenateSenate Floor Amendment No. 2 Be Approved for Consideration Rules
  4/6/2006SenateRecalled to Second Reading
  4/6/2006SenateSenate Floor Amendment No. 1 Adopted; Trotter
  4/6/2006SenateSenate Floor Amendment No. 2 Adopted; Trotter
  4/6/2006SenatePlaced on Calendar Order of 3rd Reading
  4/6/2006Senate3/5 Vote Required
  4/6/2006SenateThird Reading - Lost; 032-026-000

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