HB 459

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Debt Control-Taxpyr Protection

Abstract

Creates the School District Debt Control and Taxpayer Protection Act and amends the School Code. Provides that a school district may not refinance debt past the repayment period of the debt when issued, may not issue debt to be serviced over a period of greater than 20 years, and may not issue capital appreciation bonds. Provides that school districts may not be indebted in an amount greater than that indicated in the Act and if a school district does exceed the debt limitation, then the school district may not incur any new debt until the school district's debt is lower than the debt limitation. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Apr 27, 2017

House

Third Reading - Short Debate - Lost 043-070-000

House

Added Chief Co-Sponsor Rep. Sam Yingling

House

Added Co-Sponsor Rep. Martin J. Moylan

Apr 26, 2017

House

Second Reading - Short Debate

House

House Floor Amendment No. 3 Recommends Be Adopted Elementary & Secondary Education: Licensing, Administration & Oversight; 008-000-000

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 3 Adopted

Apr 24, 2017

House

House Floor Amendment No. 3 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight

Apr 21, 2017

House

House Floor Amendment No. 3 Referred to Rules Committee

House

House Floor Amendment No. 3 Filed with Clerk by Rep. Jeanne M Ives

Mar 22, 2017

House

House Committee Amendment No. 2 Adopted in Elementary & Secondary Education: Licensing, Administration & Oversight; by Voice Vote

House

Do Pass as Amended / Short Debate Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000

House

House Committee Amendment No. 1 Tabled Pursuant to Rule 40

House

Placed on Calendar 2nd Reading - Short Debate

Mar 21, 2017

House

House Committee Amendment No. 2 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight

Mar 16, 2017

House

House Committee Amendment No. 2 Referred to Rules Committee

House

House Committee Amendment No. 2 Filed with Clerk by Rep. Jeanne M Ives

Feb 16, 2017

House

Removed Co-Sponsor Rep. Thomas Morrison

House

Added Chief Co-Sponsor Rep. Thomas Morrison

Feb 14, 2017

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Jeanne M Ives

House

House Committee Amendment No. 1 Referred to Rules Committee

Feb 09, 2017

House

Added Co-Sponsor Rep. Thomas Morrison

Feb 08, 2017

House

Added Chief Co-Sponsor Rep. Allen Skillicorn

Feb 02, 2017

House

Assigned to Elementary & Secondary Education: Licensing, Administration & Oversight

Jan 17, 2017

House

First Reading

House

Referred to Rules Committee

Jan 13, 2017

House

Filed with the Clerk by Rep. Jeanne M Ives

Bill Text

Bill Text Versions Format
Engrossed HTML
Introduced HTML

Related Documents

Document Format
House Amendment 003
House Amendment 002
House Amendment 001

Sources

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