Bill Status of HB1323  104th General Assembly

Short Description:  BOND AUTH-NO ROLLOVER

House Sponsors
Rep. Dan Ugaste

Last Action
DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
30 ILCS 305/8 new


Synopsis As Introduced
Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.

Actions 
DateChamber Action
  1/14/2025HouseFiled with the Clerk by Rep. Dan Ugaste
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee
  2/11/2025HouseAssigned to Revenue & Finance Committee
  2/25/2025HouseTo Tax Policy: Finance Subcommittee
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee