SCHOOLS-DEBT LIMITS House SponsorsRep. Patricia Reid Lindner and Eileen Lyons 1/11/2005HouseSession Sine Die 105 ILCS 5/19-1from Ch. 122, par. 19-1 Amends the School Code. Provides that for school districts that maintain grades K to 12, inclusive, the debt limit is 20% (instead of 15%) of the value of the taxable property in the district. Effective immediately. 1/23/2004HouseFiled with the Clerk by Rep. Patricia Reid Lindner 1/26/2004HouseFirst Reading 1/26/2004HouseReferred to Rules Committee 2/25/2004HouseAdded Co-Sponsor Rep. Eileen Lyons 1/11/2005HouseSession Sine Die