<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 695    </title>
<shortdesc>SCH CONSTRUCTION-BOND-CAP PLAN</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Larry D. Woolard</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 330/2</reference><aliasreference>from Ch. 127, par. 652</aliasreference><reference>30 ILCS 330/5</reference><aliasreference>from Ch. 127, par. 655</aliasreference><reference>105 ILCS 230/5-60 new</reference><aliasreference></aliasreference><SynopsisText>Amends the General Obligation Bond Act and the School Construction Law. Increases by $1,000,000,000 the amount of General Obligation Bonds authorized to be sold for grants to school districts for school improvement projects authorized by the School Construction Law. Distributes the increased authorization in year 8 of the schedule. Requires the State Board of Education to submit an annual capital plan to the General Assembly, based on the 5-year capital needs of school districts. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2003</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Larry D. Woolard</action>
<statusdate>2/19/2003</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/19/2003</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

