SB 3185

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

Local Govt Debt-Cost Effective

Abstract

Amends the Local Government Debt Reform Act. Provides that, whenever a governmental unit has been granted the power to issue bonds, the governmental unit may incur debt only if that the governmental unit first makes a finding that the particular instrument of indebtedness selected is the most cost-effective means or is otherwise the most appropriate method for the particular purpose for which the funds are to be used.

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Jan 08, 2013

Senate

Session Sine Die

Mar 09, 2012

Senate

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

Mar 07, 2012

Senate

Postponed - Local Government

Feb 29, 2012

Senate

Postponed - Local Government

Feb 23, 2012

Senate

Postponed - Local Government

Feb 17, 2012

Senate

Assigned to Local Government

Feb 01, 2012

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Ron Sandack

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