WALSH,T. (MOORE,ANDREA-BLACK) 30 ILCS 350/5 from Ch. 17, par. 6905 30 ILCS 350/13 from Ch. 17, par. 6913 30 ILCS 350/16.5 new 30 ILCS 350/17 from Ch. 17, par. 6917 Amends the Local Government Debt Reform Act. Permits publication of some notices on the World Wide Web. Provides for escrow accounts designated by units of local government. Sets procedures for issuing certificates evidencing indebtedness incurred under certain leases or agreements. Authorizes alternative bond referendum propositions. Effective immediately. HOUSE AMENDMENT NO. 1. Adds reference to: 30 ILCS 350/15 from Ch. 17, par. 6915 Provides that debt service on alternate bonds issued as variable rate bonds shall be projected based on the rate for the most recent date shown in the 20 G.O. Bond Index of average municipal bond yields as published in the most recent edition of The Bond Buyer. Provides that interest or fees payable on certain forms of credit enhancement need not be taken into account for the purpose of the projection. Pro- vides that amounts payable by a governmental unit and calculated at an agreed-upon rate pursuant to an agreement in connection with the alternate bonds entered into at the time of issuance must be projected based on the agreed-upon rate. HOUSE AMENDMENT NO. 2. Adds reference to: 75 ILCS 16/15-90 Amends the Public Library District Act of 1991. Provides that a library district may extend taxes to pay the principal of and interest on bonds issued to refund general obligation bonds on taxable property that was in the district on the date that the bonds being refunded were issued. Provides that (i) the net interest rate on the refunding bonds may not exceed the net interest rate on the refunded bonds, (ii) the final maturity date of the refunding bonds may not extend beyond the final maturity date of the refunded bonds, and (iii) the debt service payable on the refunding bonds in any year may not exceed the debt service that would have been payable on the refunded bonds in that year. Provides that the amendatory changes are inoperable after December 31, 2000. 00-02-01 S FIRST READING 00-02-01 S REFERRED TO SENATE RULES COMMITTEE RULES 00-02-09 S ASSIGNED TO COMMITTEE REVENUE 00-02-17 S DO PASS 006-000-000 SREV 00-02-17 S PLACED ON CALENDAR ORDER OF 2ND READING 00-02-22 00-02-23 S SECOND READING 00-02-23 S PLACED ON CALENDAR ORDER OF 3RD READING 00-02-24 00-02-24 S THIRD READING - PASSED 059-000-000 00-02-24 H ARRIVE IN HOUSE 00-02-24 H HOUSE SPONSOR MOORE,ANDREA 00-02-24 H FIRST READING 00-02-24 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-03-16 H ASSIGNED TO COMMITTEE REVENUE 00-03-24 H AMENDMENT NO. 01-REVENUE H 00-03-24 H ADOPTED 00-03-24 H AMENDMENT NO. 02-REVENUE H 00-03-24 H ADOPTED 00-03-24 H DO PASS AMENDED/SHORT DEBATE 009-000-000 HREV 00-03-24 H PLACED CALENDAR 2ND READING-SHORT DEBATE 00-03-28 H ADDED AS A JOINT SPONSOR BLACK 00-03-29 H SECOND READING-SHORT DEBATE 00-03-29 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 00-04-07 H 3RD READING 00-04-07 H DEADLINE EXTENDED 00-04-07 H - APRIL 14, 2000 00-04-07 H CALENDAR ORDER 3RD READING-SHORT DEBATE 00-04-13 H THIRD READING/SHORT DEBATE/PASSED 114-001-000 00-04-13 S SECRETARYS DESK - CONCURRENCE 01,02 00-04-14 S FILED WITH SECRETARY 00-04-14 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02/WALSH,T 00-04-14 S MOTION REFERRED TO SRUL 00-04-14 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02/WALSH,T 00-04-14 S RULES REFERS TO SREV 00-04-14 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02/WALSH,T 00-04-14 S BE APPROVED FOR CONSIDERATION SREV/007-000-000 00-04-14 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02/WALSH,T 00-04-14 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01,02/058-000-000 00-04-14 S PASSED BOTH HOUSES 00-05-12 S SENT TO THE GOVERNOR 00-06-22 S GOVERNOR APPROVED 00-06-22 S EFFECTIVE DATE 00-06-22 00-06-22 S PUBLIC ACT.............................. 91-0868 END OF INQUIRY Full Text Bill Summary