HB 5822

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Sch Cd-Alden-Hebron Bond Issue

Abstract

Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and that the bonds must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 10, 2023

House

Session Sine Die

Nov 16, 2022

House

First Reading

House

Referred to Rules Committee

Oct 20, 2022

House

Filed with the Clerk by Rep. Steven Reick

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.