SB 3183

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate Mar 28, 2012
  • Passed Senate Mar 28, 2012
  • House
  • Governor

Counties Cd-Borrowing Money

Abstract

Amends the Counties Code. Provides that the county board of a county may borrow money for county purposes from one fund for the use of another fund, as long as it is repaid within the current fiscal year. Provides that the county board of a county may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years from the time the money is borrowed. Sets forth requirements concerning the documentation of the loan. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the county, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 08, 2013

Senate

Session Sine Die

Dec 21, 2012

House

House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee

Dec 03, 2012

House

House Committee Amendment No. 2 Referred to Rules Committee

House

House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan

Nov 21, 2012

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan

House

House Committee Amendment No. 1 Referred to Rules Committee

Nov 09, 2012

House

Assigned to Revenue & Finance Committee

House

Final Action Deadline Extended-9(b) January 8, 2013

Nov 08, 2012

House

Added Alternate Chief Co-Sponsor Rep. Charles E. Jefferson

House

Alternate Chief Sponsor Changed to Rep. Michael J. Madigan

Aug 17, 2012

House

Alternate Chief Sponsor Changed to Rep. Charles E. Jefferson

May 01, 2012

Senate

Added as Co-Sponsor Sen. Christine J. Johnson

Mar 28, 2012

House

Arrived in House

Senate

Senate Floor Amendment No. 3 Recommend Do Adopt Local Government; 007-000-000

Senate

Recalled to Second Reading

Senate

Senate Floor Amendment No. 3 Adopted; Syverson

Senate

Placed on Calendar Order of 3rd Reading

Senate

Third Reading - Passed; 052-000-000

House

Chief House Sponsor Rep. Dave Winters

House

Placed on Calendar Order of First Reading

House

First Reading

House

Referred to Rules Committee

Mar 27, 2012

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Local Government; 006-000-000

Senate

Second Reading

Senate

Senate Floor Amendment No. 3 Assignments Refers to Local Government

Senate

Senate Floor Amendment No. 1 Recommend Do Adopt Local Government; 006-000-000

Senate

Placed on Calendar Order of 3rd Reading March 28, 2012

Senate

Senate Floor Amendment No. 2 Adopted; Syverson

Senate

Senate Floor Amendment No. 1 Adopted; Syverson

Mar 26, 2012

Senate

Senate Floor Amendment No. 3 Referred to Assignments

Senate

Senate Floor Amendment No. 3 Filed with Secretary by Sen. Dave Syverson

Mar 06, 2012

Senate

Senate Floor Amendment No. 2 Assignments Refers to Local Government

Senate

Senate Floor Amendment No. 1 Assignments Refers to Local Government

Mar 01, 2012

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Dave Syverson

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Dave Syverson

Feb 29, 2012

Senate

Do Pass Local Government; 006-000-000

Senate

Placed on Calendar Order of 2nd Reading March 1, 2012

Feb 22, 2012

Senate

Assigned to Local Government

Feb 01, 2012

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Dave Syverson

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
House Amendment 002
House Amendment 001
Senate Amendment 003
Senate Amendment 002
Senate Amendment 001

Sources

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