<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1075   </title>
<shortdesc>RURAL BOND BANK-ISSUANCE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Vince Demuzio-Don Harmon-Jeffrey M. Schoenberg</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Gary Hannig)</altsponsors>
</sponsor>
<lastaction>
<statusdate>7/17/2003</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 93-0205</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 360/3-3</reference><aliasreference>from Ch. 17, par. 7203-3</aliasreference><SynopsisText>Amends the Rural Bond Bank Act. Increases the Bank's bond authorization to $500,000,000 outstanding at any time. Increases the maximum amount used to purchase securities issued by certain units of local government to $87,500,000. Effective immediately.</SynopsisText><synopsistitle>House Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 360/3-3</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 360/1-2</reference><aliasreference></aliasreference><SynopsisText>Deletes everything after the enacting clause. Amends the Rural Bond Bank Act. Makes a technical change in a Section concerning the Act's purpose.</SynopsisText><synopsistitle>House Amendment No. 2</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 360/1-2</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>New Act</reference><aliasreference></aliasreference><reference>5 ILCS 70/8</reference><aliasreference>from Ch. 1, par. 1107</aliasreference><reference>20 ILCS 605/605-675</reference><aliasreference>was 20 ILCS 605/46.66</aliasreference><reference>20 ILCS 605/605-915</reference><aliasreference>was 20 ILCS 605/46.45</aliasreference><reference>20 ILCS 605/605-920</reference><aliasreference>was 20 ILCS 605/46.47</aliasreference><reference>20 ILCS 605/605-925</reference><aliasreference>was 20 ILCS 605/46.48</aliasreference><reference>20 ILCS 655/7</reference><aliasreference>from Ch. 67 1/2, par. 611</aliasreference><reference>20 ILCS 1105/15</reference><aliasreference>from Ch. 96 1/2, par. 7415</aliasreference><reference>20 ILCS 2310/2310-200</reference><aliasreference>was 20 ILCS 2310/55.53</aliasreference><reference>20 ILCS 3510/2</reference><aliasreference>from Ch. 111 1/2, par. 8102</aliasreference><reference>20 ILCS 3510/3</reference><aliasreference>from Ch. 111 1/2, par. 8103</aliasreference><reference>20 ILCS 3515/3</reference><aliasreference>from Ch. 127, par. 723</aliasreference><reference>20 ILCS 3515/4</reference><aliasreference>from Ch. 127, par. 724</aliasreference><reference>20 ILCS 3515/7</reference><aliasreference>from Ch. 127, par. 727</aliasreference><reference>30 ILCS 305/2</reference><aliasreference>from Ch. 17, par. 6602</aliasreference><reference>30 ILCS 435/10</reference><aliasreference></aliasreference><reference>30 ILCS 750/1-3</reference><aliasreference>from Ch. 127, par. 2701-3</aliasreference><reference>30 ILCS 750/8-3</reference><aliasreference>from Ch. 127, par. 2708-3</aliasreference><reference>40 ILCS 5/14-103.04</reference><aliasreference>from Ch. 108 1/2, par. 14-103.04</aliasreference><reference>40 ILCS 5/14-104.11</reference><aliasreference></aliasreference><reference>50 ILCS 320/4</reference><aliasreference>from Ch. 85, par. 7204</aliasreference><reference>50 ILCS 320/5</reference><aliasreference>from Ch. 85, par. 7205</aliasreference><reference>50 ILCS 320/10</reference><aliasreference>from Ch. 85, par. 7210</aliasreference><reference>55 ILCS 5/5-1050</reference><aliasreference>from Ch. 34, par. 5-1050</aliasreference><reference>60 ILCS 1/85-10</reference><aliasreference></aliasreference><reference>65 ILCS 5/8-12-2</reference><aliasreference>from Ch. 24, par. 8-12-2</aliasreference><reference>65 ILCS 5/8-12-3</reference><aliasreference>from Ch. 24, par. 8-12-3</aliasreference><reference>65 ILCS 5/8-12-6</reference><aliasreference>from Ch. 24, par. 8-12-6</aliasreference><reference>65 ILCS 5/8-12-19</reference><aliasreference>from Ch. 24, par. 8-12-19</aliasreference><reference>65 ILCS 5/8-12-21</reference><aliasreference>from Ch. 24, par. 8-12-21</aliasreference><reference>65 ILCS 5/8-12-22</reference><aliasreference>from Ch. 24, par. 8-12-22</aliasreference><reference>65 ILCS 5/11-74.1-1</reference><aliasreference>from Ch. 24, par. 11-74.1-1</aliasreference><reference>65 ILCS 5/11-113.1-1</reference><aliasreference>from Ch. 24, par. 11-113.1-1</aliasreference><reference>65 ILCS 5/11-119-2</reference><aliasreference>from Ch. 24, par. 11-119-2</aliasreference><reference>65 ILCS 5/11-129-3</reference><aliasreference>from Ch. 24, par. 11-129-3</aliasreference><reference>65 ILCS 5/11-139-7</reference><aliasreference>from Ch. 24, par. 11-139-7</aliasreference><reference>65 ILCS 5/11-141-5</reference><aliasreference>from Ch. 24, par. 11-141-5</aliasreference><reference>70 ILCS 508/40</reference><aliasreference></aliasreference><reference>70 ILCS 510/14</reference><aliasreference>from Ch. 85, par. 6214</aliasreference><reference>70 ILCS 515/13</reference><aliasreference>from Ch. 85, par. 6513</aliasreference><reference>70 ILCS 520/8</reference><aliasreference>from Ch. 85, par. 6158</aliasreference><reference>70 ILCS 525/2008</reference><aliasreference>from Ch. 85, par. 7508</aliasreference><reference>70 ILCS 530/8</reference><aliasreference>from Ch. 85, par. 7158</aliasreference><reference>70 ILCS 535/8</reference><aliasreference>from Ch. 85, par. 7458</aliasreference><reference>70 ILCS 2205/17.1</reference><aliasreference>from Ch. 42, par. 263.1</aliasreference><reference>110 ILCS 935/10</reference><aliasreference>from Ch. 144, par. 1460</aliasreference><reference>305 ILCS 5/11-3</reference><aliasreference>from Ch. 23, par. 11-3</aliasreference><reference>305 ILCS 5/11-3.3</reference><aliasreference>from Ch. 23, par. 11-3.3</aliasreference><reference>310 ILCS 65/6</reference><aliasreference>from Ch. 67 1/2, par. 1256</aliasreference><reference>410 ILCS 65/4</reference><aliasreference>from Ch. 111 1/2, par. 8054</aliasreference><reference>820 ILCS 130/2</reference><aliasreference>from Ch. 48, par. 39s-2</aliasreference><reference>5 ILCS 225/2</reference><aliasreference>from Ch. 111 2/3, par. 602</aliasreference><reference>20 ILCS 3105/3</reference><aliasreference>from Ch. 127, par. 773</aliasreference><reference>110 ILCS 945/Act title</reference><aliasreference></aliasreference><reference>110 ILCS 945/3</reference><aliasreference>from Ch. 144, par. 1603</aliasreference><reference>110 ILCS 945/3.01</reference><aliasreference>from Ch. 144, par. 1603.01</aliasreference><reference>110 ILCS 945/5</reference><aliasreference>from Ch. 144, par. 1605</aliasreference><reference>20 ILCS 690/2</reference><aliasreference>from Ch. 5, par. 2252</aliasreference><reference>20 ILCS 690/3</reference><aliasreference>from Ch. 5, par. 2253</aliasreference><reference>20 ILCS 690/4</reference><aliasreference>from Ch. 5, par. 2254</aliasreference><reference>20 ILCS 690/5</reference><aliasreference>from Ch. 5, par. 2255</aliasreference><reference>20 ILCS 3610/3</reference><aliasreference>from Ch. 5, par. 1253</aliasreference><reference>20 ILCS 3610/4</reference><aliasreference>from Ch. 5, par. 1254</aliasreference><reference>30 ILCS 750/8-3</reference><aliasreference>from Ch. 127, par. 2708-3</aliasreference><reference>510 ILCS 77/17</reference><aliasreference></aliasreference><reference>525 ILCS 15/4</reference><aliasreference>from Ch. 96 1/2, par. 9104</aliasreference><reference>525 ILCS 15/6a</reference><aliasreference>from Ch. 96 1/2, par. 9106a</aliasreference><reference>30 ILCS 235/6</reference><aliasreference>from Ch. 85, par. 906</aliasreference><reference>20 ILCS 505/22.4</reference><aliasreference>from Ch. 23, par. 5022.4</aliasreference><reference>20 ILCS 1105/15</reference><aliasreference>from Ch. 96 1/2, par. 7415</aliasreference><reference>305 ILCS 5/11-3</reference><aliasreference>from Ch. 23, par. 11-3</aliasreference><reference>305 ILCS 5/11-3.3</reference><aliasreference>from Ch. 23, par. 11-3.3</aliasreference><reference>410 ILCS 305/3</reference><aliasreference>from Ch. 111 1/2, par. 7303</aliasreference><reference>5 ILCS 375/3</reference><aliasreference>from Ch. 127, par. 523</aliasreference><reference>30 ILCS 750/8-3</reference><aliasreference>from Ch. 127, par. 2708-3</aliasreference><reference>40 ILCS 5/14-103.04</reference><aliasreference>from Ch. 108 1/2, par. 14-103.04</aliasreference><reference>20 ILCS 3505/Act rep.</reference><aliasreference></aliasreference><reference>20 ILCS 3605/Act rep.</reference><aliasreference></aliasreference><reference>20 ILCS 3705/Act rep.</reference><aliasreference></aliasreference><reference>20 ILCS 3850/Act rep.</reference><aliasreference></aliasreference><reference>30 ILCS 360/Act rep.</reference><aliasreference></aliasreference><reference>110 ILCS 1015/Act rep.</reference><aliasreference></aliasreference><reference>315 ILCS 15/Act rep.</reference><aliasreference></aliasreference><SynopsisText>Deletes everything. Creates the Illinois Finance Authority Act. Establishes the Illinois Finance Authority. Consolidates the following into the new Authority: Illinois Development Finance Authority, Illinois Farm Development Authority, Illinois Health Facilities Authority, Illinois Research Park Authority, Illinois Rural Bond Bank, Illinois Educational Facilities Authority, and Illinois Community Development Finance Corporation. Contains provisions concerning industrial revenue bonds, venture investments, land bank funds, local government, motion picture production, agricultural assistance, health facilities development, and other provisions. Repeals the Acts establishing the entities being consolidated. Amends numerous Acts to make conforming changes. Effective January 1, 2004.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2003</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Vince Demuzio</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>2/26/2003</statusdate><chamber>Senate</chamber><action>Assigned to State Government</action>
<statusdate>3/6/2003</statusdate><chamber>Senate</chamber><action>Do Pass State Government;  008-000-000</action>
<statusdate>3/6/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 11, 2003</action>
<statusdate>3/21/2003</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/21/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 24, 2003</action>
<statusdate>3/24/2003</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 053-000-000</action>
<statusdate>3/25/2003</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/25/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Richard P. Myers</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/2/2003</statusdate><chamber>House</chamber><action>Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003</action>
<statusdate>5/15/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Executive Committee</action>
<statusdate>5/15/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Adopted in Executive Committee;  by Voice Vote</action>
<statusdate>5/15/2003</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Executive Committee;  011-000-000</action>
<statusdate>5/15/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/23/2003</statusdate><chamber>House</chamber><action>Third Reading/Final Action Deadline Extended-9(b) May 31, 2003</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Motion Filed Rep. Richard P. Myers;  to Table House Amendment</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Filed with Clerk by Rep. Gary Hannig</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Referred to Rules Committee</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Rules Refers to State Government Administration Committee</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Alternate Chief Sponsor Changed to Rep. Gary Hannig</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Recommends Be Adopted State Government Administration Committee;  010-000-000</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Adopted by Voice Vote</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 098-017-000</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 01,02</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 01,02 - May 31, 2003</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 1 Motion to Concur Filed with Secretary Sen. Vince Demuzio</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 1 Motion to Concur Referred to Rules</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Filed with Secretary Sen. Vince Demuzio</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Referred to Rules</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 1 Motion to Concur Be Approved for Consideration Rules</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Be Approved for Consideration Rules</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Don Harmon</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 1 Senate Concurs 030-025-000</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Senate Concurs 030-025-000</action>
<statusdate>5/31/2003</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/27/2003</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>7/17/2003</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>7/17/2003</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2004</action>
<statusdate>7/17/2003</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 93-0205</action>
</actions>
</xml>

