House Sponsors: MADIGAN,MJ-DANIELS-HANNIG-RYDER-DAVIS,MONIQUE. Senate Sponsors: WEAVER Short description: BUILD IL BOND-INCREASE AUTH Synopsis of Bill as introduced: Amends the Build Illinois Bond Act to decrease the authorization for bonds by $1. Effective July 1, 2001. STATE DEBT NOTE (Economic and Fiscal Commission) HB 3489 would decrease by $1 the total amount of Build Illinois bonds the State is authorized to issue, sell, and retire. STATE DEBT NOTE, ENGROSSED (Economic and Fiscal Commission) Same as previous note. SENATE AMENDMENT NO. 2. Adds reference to: 30 ILCS 425/4 Deletes everything. Amends the Build Illinois Bond Act. Increases the general authorization for bonds under the Act from $2,851,970,000 to $3,540,715,000 with specific increases as follows: from $2,029,889,000 to $2,399,954,000 for public infrastructure; from $114,301,500 to $139,301,500 for fostering economic development and increased employment and the well being of the citizens of Illinois; from $559,128,600 to $851,308,600 for the development and improvement of educational, scientific, technical, and vocational programs and facilities and the expansion of health and human services for all citizens of Illinois; and from $148,650,900 to $150,150,900 for protection, preservation, restoration, and conservation of environ- mental and natural resources. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 92-0009 Last action date: JUN-11-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status