PBLC BLDG COMMISSION ALT BONDS Senate SponsorsSen. Terry Link-Christine Radogno-William E. Peterson House Sponsors(Rep. Robert S. Molaro) 1/11/2005SenateSession Sine Die 30 ILCS 350/3from Ch. 17, par. 690330 ILCS 350/15.0135 ILCS 200/18-18550 ILCS 20/3from Ch. 85, par. 103350 ILCS 20/18from Ch. 85, par. 104855 ILCS 5/5-1024from Ch. 34, par. 5-1024Amends the Local Government Debt Reform Act. Defines "revenue source" to include any public building commission (PBC) lease rental base alternate tax levy. Defines "limited bonds" to include PBC leases and excludes other leases. Defines "public building commission rental base" as an amount equal to that portion of the extension for a taxing district for the 1999 levy year constituting an extension for payment of lease rentals under a PBC lease allocable to the retirement of bonds issued by the commission. Defines "public building commission lease rental base alternate tax levy" as a special purpose levy available to a unit of local government and authorized for the payment of limited bonds as a revenue source, which shall equal the PBC lease rental base less the amount of that base allocable to the payment of lease rentals under a PBC lease. Provides that a governmental unit is authorized to issue limited bonds payable from the debt service extension base or the PBC lease rental base, or both (now, payable from the debt service extension base only). Amends the Property Tax Extension Limitation Law in the Property Code. With respect to limited bonds and double-barrelled bonds issued under the Local Government Debt Reform Act, exempts from the tax caps in the taxing districts to which the law applied before the 1995 levy year special purpose extensions made for payment of principal and interest on bonds issued concerning PBC leases. Amends the Public Building Commission Act. In provisions concerning tax levies for PBC lease rental payments, provides that the tax levied may relate to the amount necessary to pay the annual rent under the lease or the PBC lease rental base (now, related only to the amount necessary to pay the annual rent under the lease). Provides that taxes are not required to be levied or extended in excess of the allocated portion of a PBC lease rental base. Amends the Counties Code. Includes within the exception for taxes levied to pay annual rent payments due under a lease entered into by the county with a Public Building Commission, payments made from the PBC lease rental base. Excludes taxes levied allocable to the PBC lease rental base tax levy and taxes levied to pay principal of and interest on limited bonds. Effective immediately.Fiscal Note (Department of Revenue) Senate Bill 153 does not create a fiscal impact for the Department of Revenue or the State of Illinois.House Amendment No. 1 Deletes reference to:30 ILCS 350/330 ILCS 350/15.0135 ILCS 200/18-18550 ILCS 20/350 ILCS 20/1855 ILCS 5/5-1024Adds reference to:30 ILCS 350/1from Ch. 17, par. 6901Deletes everything after the enacting clause. Amends the Local Government Debt Reform Act. Makes a technical change in a Section concerning the short title.House Amendment No. 2 Deletes reference to:30 ILCS 350/1Adds reference to:50 ILCS 20/3from Ch. 85, par. 103350 ILCS 20/20from Ch. 85, par. 1050110 ILCS 805/3-27.1from Ch. 122, par. 103-27.1Deletes everything. Amends the Public Building Commission Act. Provides that the definition of "municipal corporation" includes a community college district, a school district, and a board of education of a school district (now includes only those in counties of 3,000,000 or more), but does not include a school district or board of education of a school district that conducted an unsuccessful referendum within the 5 years immediately preceding action by the public building commission. Provides that contracts for the construction, alteration, improvement, repair, enlargement, or demolition of buildings that are more than $25,000 (now $5,000) must be let through competitive bidding. Amends the Public Community College Act. Provides that contracts for repair, maintenance, remodeling, renovation, or construction, or a single project involving an expenditure not to exceed $25,000 (instead of $15,000) need not be let by competitive bidding. 2/4/2003SenateFiled with Secretary by Sen. Terry Link 2/4/2003SenateFirst Reading 2/4/2003SenateReferred to Rules 2/6/2003SenateAssigned to Revenue 2/19/2003SenateDo Pass Revenue; 006-003-000 2/19/2003SenatePlaced on Calendar Order of 2nd Reading February 26, 2003 2/27/2003SenateAdded as Chief Co-Sponsor Sen. Christine Radogno 2/27/2003SenateAdded as Chief Co-Sponsor Sen. William E. Peterson 3/5/2003SenateSecond Reading 3/5/2003SenatePlaced on Calendar Order of 3rd Reading March 6, 2003 3/5/2003SenateFiscal Note Filed 3/19/2003SenateVerified 3/19/2003SenateThird Reading - Passed; 030-024-002 3/19/2003HouseArrived in House 3/19/2003HouseChief House Sponsor Rep. Robert S. Molaro 3/19/2003HouseFirst Reading 3/19/2003HouseReferred to Rules Committee 4/1/2003HouseAssigned to Revenue Committee 4/2/2003HouseAdded Alternate Chief Co-Sponsor Rep. Sidney H. Mathias 5/1/2003HouseHouse Amendment No. 1 Filed with Clerk by Revenue Committee 5/1/2003HouseHouse Amendment No. 1 Adopted by Voice Vote; Revenue Sub-committee 5/1/2003HouseDo Pass as Amended / Short Debate Revenue Committee; 006-003-000 5/1/2003HousePlaced on Calendar 2nd Reading - Short Debate 5/16/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 23, 2003 5/20/2003HouseHouse Amendment No. 2 Filed with Clerk by Rep. Marlow H. Colvin 5/20/2003HouseHouse Amendment No. 2 Referred to Rules Committee 5/21/2003HouseHouse Amendment No. 2 Rules Refers to Revenue Committee 5/22/2003HouseSponsor Removed Rep. Sidney H. Mathias 5/22/2003HouseHouse Amendment No. 2 Recommends Be Adopted Revenue Committee; 005-004-000 5/23/2003HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2003 5/28/2003HouseSecond Reading - Short Debate 5/28/2003HouseHouse Amendment No. 2 Adopted by Voice Vote 5/28/2003HouseHeld on Calendar Order of Second Reading - Short Debate 5/28/2003HouseFiscal Note Requested by Rep. William B. Black; as amended 5/28/2003HouseFiscal Note Requested - Withdrawn by Rep. William B. Black 5/28/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/29/2003HouseThird Reading - Short Debate - Passed 067-050-000 5/29/2003SenateSecretary's Desk - Concurrence House Amendment(s) 01,02 5/29/2003SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01,02 - May 30, 2003 7/1/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/11/2005SenateSession Sine Die