Illinois General Assembly - Bill Status for HB4992
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 Bill Status of HB4992  99th General Assembly

Short Description:  CDB-FEDERAL FUNDS

House Sponsors
Rep. Tim Butler - Anthony DeLuca - William Davis - John D. Anthony, John M. Cabello and Robert Martwick

Last Action
DateChamber Action
  1/10/2017HouseSession 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.

DateChamber Action
  2/8/2016HouseFiled with the Clerk by Rep. Tim Butler
  2/8/2016HouseFirst Reading
  2/8/2016HouseReferred to Rules Committee
  2/11/2016HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
  3/3/2016HouseAdded Chief Co-Sponsor Rep. William Davis
  3/3/2016HouseAdded Co-Sponsor Rep. John M. Cabello
  3/3/2016HouseAdded Co-Sponsor Rep. Robert Martwick
  3/3/2016HouseAdded Co-Sponsor Rep. John D. Anthony
  3/8/2016HouseAdded Chief Co-Sponsor Rep. John D. Anthony
  3/8/2016HouseRemoved Co-Sponsor Rep. John D. Anthony
  1/10/2017HouseSession Sine Die

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