Rob Martwick
- Democratic
- Senator
- District 10
Primary
Amends the Park District Code. Provides that the board of a park district may borrow money for any corporate purpose from a bank or other financial institution, provided that the money shall be repaid within 2 years from the general funds of the park district and such other sources of payment as are otherwise lawfully available. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the park district, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". Effective immediately.
Public Act . . . . . . . . . 98-0906
Effective Date August 15, 2014
Governor Approved
Sent to the Governor
Third Reading - Passed; 050-007-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading May 8, 2014
Second Reading
Do Pass Local Government; 009-002-000
Placed on Calendar Order of 2nd Reading May 1, 2014
Assigned to Local Government
First Reading
Referred to Assignments
Chief Senate Sponsor Sen. Jennifer Bertino-Tarrant
Placed on Calendar Order of First Reading April 3, 2014
Arrive in Senate
Third Reading - Short Debate - Passed 082-030-001
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Do Pass / Short Debate Counties & Townships Committee; 005-000-000
Placed on Calendar 2nd Reading - Short Debate
Added Chief Co-Sponsor Rep. John M. Cabello
Assigned to Counties & Townships Committee
Filed with the Clerk by Rep. Robert F. Martwick
Referred to Rules Committee
First Reading
| Bill Text Versions | Format |
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| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
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| Public Act |
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