HB 5572

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

School District Debt Control

Abstract

Creates the School District Debt Control and Taxpayer Protection Act. 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. Sets forth provisions calculating and establishing a debt limit and prohibiting new debt. Requires specified bond referendum and bond issuance information to be provided. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Apr 27, 2018

House

Added Chief Co-Sponsor Rep. Allen Skillicorn

House

Third Reading - Short Debate - Lost 013-077-001

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 1 Adopted

Apr 26, 2018

House

House Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000

Apr 25, 2018

House

House Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Apr 23, 2018

House

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

House

House Floor Amendment No. 1 Referred to Rules Committee

Apr 10, 2018

House

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

House

Placed on Calendar 2nd Reading - Short Debate

Mar 21, 2018

House

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

Feb 16, 2018

House

Filed with the Clerk by Rep. Jeanne M Ives

House

First Reading

House

Referred to Rules Committee

Bill Text

Bill Text Versions Format
Engrossed HTML
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

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