Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

Statutes Amended In Order of Appearance

70 ILCS 2605/9.6d new

Synopsis As Introduced
Amends the Metropolitan Water Reclamation District Act. Sets forth procedures for a petition by the electors of the District requesting the submission of a clean-water-bond referendum. Sets forth requirements for the referendum. Provides that, if a majority of the electors voting on the question vote in the affirmative, then the District shall issue bonds for the purpose of disinfecting sewage and improving the water quality of the Chicago River, Lake Michigan, and other waterways in the District. Provides that, if the District issues the bonds, then the District may impose a real estate transfer tax on the privilege of transferring: (i) title to real estate with a fair cash value exceeding $1,000,000; (ii) a beneficial interest in real property with a fair cash value exceeding $1,000,000, and (iii) a controlling interest in a real estate entity with a fair cash value exceeding $1,000,000. Provides that all moneys collected from the tax may be used only to repay the principle and interest on the clean water bonds.

Actions 

Date	Chamber	Action
2/9/2007	Senate	Filed with Secretary by Sen. Carol Ronen
2/9/2007	Senate	First Reading
2/9/2007	Senate	Referred to Rules
2/21/2007	Senate	Assigned to Local Government
3/14/2007	Senate	Held in Local Government
3/16/2007	Senate	Rule 3-9(a) / Re-referred to Rules
1/13/2009	Senate	Session Sine Die

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