Illinois General Assembly - Bill Status for HB4995
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 Bill Status of HB4995  98th General Assembly

Short Description:  EDUCATION-TECH

House Sponsors
Rep. Bill Mitchell

Senate Sponsors
(Sen. Chapin Rose)

Last Action
DateChamber Action
  8/15/2014HousePublic Act . . . . . . . . . 98-0912

Statutes Amended In Order of Appearance
105 ILCS 5/19-1

Synopsis As Introduced
Amends the School Code. Makes a technical change in a Section concerning debt limitations of school districts.

House Floor Amendment No. 1
Replaces everything after the enacting clause. Amends the School Code with respect to the debt limitations of school districts. Allows Monticello Community Unit School District 25 to issue bonds with an aggregate principal amount not to exceed $35,000,000 if, among other conditions, (i) the voters of the district approve a proposition for the bond issuance at an election held on or after November 4, 2014; (ii) prior to the issuance of the bonds, the school board determines that the building and equipping of a new school building is required as a result of the age and condition of an existing school building; and (iii) the bonds are issued, in one or more issuances, on or before July 1, 2020. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and the bonds must mature within not to exceed 25 years from their date. Effective immediately.

DateChamber Action
  2/6/2014HouseFiled with the Clerk by Rep. Jim Durkin
  2/7/2014HouseFirst Reading
  2/7/2014HouseReferred to Rules Committee
  3/19/2014HouseAssigned to Executive Committee
  3/26/2014HouseDo Pass / Short Debate Executive Committee; 009-000-000
  3/26/2014HousePlaced on Calendar 2nd Reading - Short Debate
  4/2/2014HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Bill Mitchell
  4/2/2014HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/2/2014HouseChief Sponsor Changed to Rep. Bill Mitchell
  4/3/2014HouseHouse Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee
  4/4/2014HouseHouse Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education Committee; 012-000-000
  4/7/2014HouseSecond Reading - Short Debate
  4/7/2014HouseHouse Floor Amendment No. 1 Adopted
  4/7/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/8/2014HouseThird Reading - Short Debate - Passed 083-032-000
  4/8/2014SenateArrive in Senate
  4/8/2014SenatePlaced on Calendar Order of First Reading April 9, 2014
  4/10/2014SenateChief Senate Sponsor Sen. Chapin Rose
  4/11/2014SenateFirst Reading
  4/11/2014SenateReferred to Assignments
  4/23/2014SenateAssigned to Education
  4/29/2014SenatePostponed - Education
  5/7/2014SenatePostponed - Education
  5/14/2014SenateDo Pass Education; 014-000-000
  5/14/2014SenatePlaced on Calendar Order of 2nd Reading May 15, 2014
  5/15/2014SenateSecond Reading
  5/15/2014SenatePlaced on Calendar Order of 3rd Reading May 19, 2014
  5/21/2014SenateThird Reading - Passed; 056-000-000
  5/21/2014HousePassed Both Houses
  6/19/2014HouseSent to the Governor
  8/15/2014HouseGovernor Approved
  8/15/2014HouseEffective Date August 15, 2014
  8/15/2014HousePublic Act . . . . . . . . . 98-0912

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