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 Bill Status of HB0438  100th General Assembly


Short Description:  LOCAL GOV BANKRUPTCY NEUT EVAL

House Sponsors
Rep. Jeanne M Ives

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act
5 ILCS 120/2from Ch. 102, par. 42
5 ILCS 140/7.5


Synopsis As Introduced
Creates the Local Government Bankruptcy Neutral Evaluation Act. Makes legislative findings. Defines terms. Authorizes a local public entity to initiate a neutral evaluation process if that entity is unable to meet its financial obligations. Provides for the selection and qualification of an evaluator, the evaluation process, cessation of an evaluation, declaration of a fiscal emergency, and definition of liabilities. Provides that records prepared for or used in connection with the Local Government Bankruptcy Neutral Evaluation Act are exempt from disclosure. Amends the Open Meetings Act. Provides that a public body may hold closed meetings related to the Local Government Bankruptcy Neutral Evaluation Act. Amends the Freedom of Information Act. Makes conforming changes. Effective immediately.

Actions 
DateChamber Action
  1/13/2017HouseFiled with the Clerk by Rep. Jeanne M Ives
  1/17/2017HouseFirst Reading
  1/17/2017HouseReferred to Rules Committee
  2/2/2017HouseAssigned to Cities & Villages Committee
  2/8/2017HouseTo Local Government Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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