SB 3161

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Libraries-Issuance Of Bonds

Abstract

Amends the Public Library District Act of 1991. Requires that only bonds and notes with an aggregate outstanding unpaid principal balance that exceeds 0.575% of the total assessed valuation of all taxable property in the library district must be approved by a majority of the voters of the district. Provides that a referendum is not required for bonds issued to refund any judgment indebtedness, including any unpaid public benefits and amounts assessed against any library district. Effective immediately.

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Jan 08, 2013

Senate

Session Sine Die

Mar 09, 2012

Senate

Rule 3-9(a) / Re-referred to Assignments

Feb 07, 2012

Senate

Assigned to Revenue

Feb 01, 2012

Senate

Filed with Secretary by Sen. Edward D. Maloney

Senate

First Reading

Senate

Referred to Assignments

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