Illinois General Assembly - Bill Status for HB4494
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 Bill Status of HB4494  101st General Assembly

Short Description:  BOND AUTH-NO ROLLOVER

House Sponsors
Rep. Dan Ugaste and Norine K. Hammond

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 305/8 new


Synopsis As Introduced
Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.

Actions 
DateChamber Action
  2/4/2020HouseFiled with the Clerk by Rep. Dan Ugaste
  2/4/2020HouseFirst Reading
  2/4/2020HouseReferred to Rules Committee
  3/4/2020HouseAdded Co-Sponsor Rep. Norine K. Hammond
  3/12/2020HouseAssigned to Revenue & Finance Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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