90th General Assembly Summary of HB1451    [ Home ]   [ Back ]   [ Legislation ]

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House Sponsors:
BURKE.

Short description: 
METRO WATER-BOND ISSUE                                                     

Synopsis of Bill as introduced:
        Amends the Metropolitan Water Reclamation District  Act.   Allows      
   the corporate authorities of a sanitary district to issue bonds at any      
   time  (now, on or before December 31, 2001) in an aggregate amount not      
   to exceed 3.35% of the EAV of the taxable property within the sanitary      
   district for certain projects of the district.                              
          FISCAL NOTE (DCCA)                                                   
          HB1451 would not have a fiscal impact on local government.           
          STATE MANDATES FISCAL NOTE                                           
          HB1451 fails to create a State mandate.                              
        HOUSE AMENDMENT NO. 1.                                                 
        Allows the corporate authorities of a sanitary district to  issue      
   bonds on or before December 31, 2011 (now 2001) in an aggregate amount      
   not  to  exceed  3.35%  of  the EAV of the taxable property within the      
   sanitary district for certain projects of the district.                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 


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