HB 1458

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Finance-Broadband

Abstract

Amends the Illinois Finance Authority Act. Authorizes the Illinois Finance Authority to issue bonds and to guarantee loans to finance broadband projects in the State. Sets forth the powers of the Authority with respect to broadband financing. Sets forth requirements for State guarantees of broadband financing. Requires monetary transfers and continuing appropriations to funds of the Authority for broadband financing purposes. Provides that bonds for broadband financing may be moral obligations of the State. Provides that the exercise of powers of the Authority under these provisions is exempt from certain State taxation. Makes other changes. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 13, 2009

House

Session Sine Die

Mar 23, 2007

House

Rule 19(a) / Re-referred to Rules Committee

Mar 15, 2007

House

Chief Sponsor Changed to Rep. David E. Miller

House

Remove Chief Co-Sponsor Rep. David E. Miller

Mar 08, 2007

House

Added Co-Sponsor Rep. Kurt M. Granberg

Mar 02, 2007

House

Added Chief Co-Sponsor Rep. David E. Miller

Feb 27, 2007

House

Assigned to Executive Committee

Feb 21, 2007

House

Filed with the Clerk by Rep. George Scully, Jr.

House

Referred to Rules Committee

House

First Reading

Bill Text

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Sources

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