Illinois General Assembly - Bill Status for HB2626
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 Bill Status of HB2626  93rd General Assembly


Short Description:  GO BONDS-TECH

House Sponsors
Rep. Michael J. Madigan - Gary Hannig

Senate Sponsors
(Sen. Don Harmon - Donne E. Trotter - Patrick Welch - Mattie Hunter)

Last Action
DateChamber Action
  3/5/2004HousePublic Act . . . . . . . . . 93-0666

Statutes Amended In Order of Appearance
30 ILCS 330/1from Ch. 127, par. 651


Synopsis As Introduced
Amends the General Obligation Bond Act. Makes technical changes in a Section concerning the short title of the Act.

Senate Floor Amendment No. 3
Deletes reference to:
30 ILCS 330/1
Adds reference to:
30 ILCS 330/9from Ch. 127, par. 659

Deletes everything. Amends the General Obligation Bond Act. Provides that the State may, with respect to bonds issued or anticipated to be issued, participate in and enter into arrangements with respect to interest rate protection or exchange agreements, guarantees, or financial futures contracts for the purpose of limiting, reducing, or managing (now, limiting or restricting) interest rate exposure (now, interest rate risk). Provides that this authority shall not increase the principal amount of Bonds authorized to be issued by law. Effective immediately.

Actions 
DateChamber Action
  2/21/2003HouseFiled with the Clerk by Rep. Gary Hannig
  2/21/2003HouseFirst Reading
  2/21/2003HouseReferred to Rules Committee
  2/21/2003HouseAssigned to Executive Committee
  2/21/2003HouseChief Sponsor Changed to Rep. Michael J. Madigan
  2/21/2003HouseAdded Chief Co-Sponsor Rep. Gary Hannig
  2/27/2003HouseDo Pass / Short Debate Executive Committee; 007-005-000
  2/27/2003HousePlaced on Calendar 2nd Reading - Short Debate
  3/12/2003HouseSecond Reading - Short Debate
  3/12/2003HouseHeld on Calendar Order of Second Reading - Short Debate
  3/13/2003HouseSecond Reading - Short Debate
  3/13/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/13/2003HouseThird Reading - Short Debate - Passed 065-028-024
  3/13/2003SenateArrive in Senate
  3/13/2003SenatePlaced on Calendar Order of First Reading March 18, 2003
  3/13/2003SenateChief Senate Sponsor Sen. Emil Jones, Jr.
  3/13/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
  3/13/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Patrick Welch
  3/13/2003SenateFirst Reading
  3/13/2003SenateReferred to Rules
  3/13/2003SenateAssigned to Executive
  3/19/2003SenatePostponed - Executive
  3/24/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon
  3/24/2003SenateSponsor Removed Sen. Don Harmon
  3/27/2003SenateDo Pass Executive; 008-000-005
  3/27/2003SenatePlaced on Calendar Order of 2nd Reading April 2, 2003
  3/27/2003SenateSecond Reading
  3/27/2003SenatePlaced on Calendar Order of 3rd Reading April 2, 2003
  5/16/2003SenateThird Reading Deadline Extended - Rule 2-10, to December 31, 2003.
  7/1/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  3/3/2004SenateApproved for Consideration Rules
  3/3/2004SenatePlaced on Calendar Order of 3rd Reading March 4, 2004
  3/3/2004SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
  3/3/2004SenateSenate Floor Amendment No. 1 Referred to Rules
  3/3/2004SenateSenate Floor Amendment No. 1 Rules Refers to Executive
  3/4/2004SenateAlternate Chief Sponsor Changed to Sen. Don Harmon
  3/4/2004SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
  3/4/2004SenateSenate Floor Amendment No. 2 Referred to Rules
  3/4/2004SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Don Harmon
  3/4/2004SenateSenate Floor Amendment No. 3 Referred to Rules
  3/4/2004SenateSenate Floor Amendment No. 3 Rules Refers to Executive
  3/4/2004SenateSenate Floor Amendment No. 3 Be Adopted Executive; 007-005-001
  3/4/2004SenateRecalled to Second Reading
  3/4/2004SenateSenate Floor Amendment No. 3 Adopted; Harmon
  3/4/2004SenatePlaced on Calendar Order of 3rd Reading
  3/4/2004SenateAdded as Alternate Chief Co-Sponsor Sen. Mattie Hunter
  3/4/2004SenateVerified
  3/4/2004SenateThird Reading - Passed; 030-025-001
  3/4/2004SenateSenate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
  3/4/2004SenateSenate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
  3/4/2004HouseArrived in House
  3/4/2004HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 3
  3/4/2004HouseSenate Floor Amendment No. 3 Motion Filed Concur Rep. Michael J. Madigan
  3/4/2004HouseSenate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
  3/4/2004HouseSenate Floor Amendment No. 3 Motion to Concur Rules Referred to Personnel and Pensions Committee
  3/4/2004HouseSenate Floor Amendment No. 3 Motion to Concur Recommends be Adopted Personnel and Pensions Committee; 005-000-004
  3/4/2004HouseSenate Floor Amendment No. 3 House Concurs 062-035-015
  3/4/2004HousePassed Both Houses
  3/5/2004HouseSent to the Governor
  3/5/2004HouseGovernor Approved
  3/5/2004HouseEffective Date March 5, 2004
  3/5/2004HousePublic Act . . . . . . . . . 93-0666

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