Dave Syverson
- Republican
- Senator
- District 35
Primary
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.
Governor Approved
Public Act . . . . . . . . . 98-0525
Effective Date August 23, 2013
Sent to the Governor
Passed Both Houses
House Floor Amendment No. 2 Senate Concurs 055-002-000
House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Local Government; 010-000-000
House Floor Amendment No. 2 Motion to Concur Assignments Referred to Local Government
House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Dave Syverson
House Floor Amendment No. 2 Motion to Concur Referred to Assignments
Secretary's Desk - Concurrence House Amendment(s) 2
Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 16, 2013
Third Reading - Short Debate - Passed 088-023-002
House Floor Amendment No. 1 Withdrawn by Rep. John M. Cabello
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 2 Adopted
Second Reading - Short Debate
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. John M. Cabello
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. John M. Cabello
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Counties & Townships Committee; 004-000-000
Assigned to Counties & Townships Committee
Chief House Sponsor Rep. John M. Cabello
Referred to Rules Committee
First Reading
Arrived in House
Third Reading - Passed; 050-001-000
Placed on Calendar Order of 3rd Reading March 5, 2013
Second Reading
Do Pass Local Government; 013-000-000
Added as Co-Sponsor Sen. Wm. Sam McCann
Placed on Calendar Order of 2nd Reading March 1, 2013
Assigned to Local Government
First Reading
Referred to Assignments
Filed with Secretary by Sen. Dave Syverson
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 002 | |
| House Amendment 001 |
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