ILLINOIS FINANCE-LOANS-BONDS House SponsorsRep. Kurt M. Granberg 1/13/2009HouseSession Sine Die 20 ILCS 3501/801-2520 ILCS 3501/801-4020 ILCS 3501/801-50 new20 ILCS 3501/845-40 Amends the Illinois Finance Authority Act. Provides that all official acts of the Authority require the approval of a majority of the members then holding office (instead of 8 members). Provides that a majority of the members of the Authority holding office constitutes a quorum (instead of 8 members). Provides that the Authority may enter into agreements with respect to its bond payment obligations. Provides that any pledge of revenues or other moneys made by the Authority shall be binding from the time the pledge is made, and that revenues and other moneys pledged shall be held outside of the State treasury and shall be subject to certain liens. Allows the Executive Director to countersign checks and drafts. Makes other changes. 2/21/2007HouseFiled with the Clerk by Rep. Kurt M. Granberg 2/21/2007HouseFirst Reading 2/21/2007HouseReferred to Rules Committee 2/27/2007HouseAssigned to Executive Committee 3/23/2007HouseRule 19(a) / Re-referred to Rules Committee 1/13/2009HouseSession Sine Die