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<xml>
<title>Illinois General Assembly - Bill Status for HB 2388   </title>
<shortdesc>FINANCE-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael J. Madigan-Barbara Flynn Currie-Jack D. Franks</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/8.12</reference><aliasreference>from Ch. 127, par. 144.12</aliasreference><SynopsisText>     Amends the State Finance Act. Makes a technical change in a Section concerning the State Pensions Fund.</SynopsisText><synopsistitle>State Debt Impact Note, House Amendment No. 1 (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>HB 2388 (H-AM 1) would create a Road Fund Revenue bond authorization of $1.6 billion increasing: Road Fund principal by $1.6 billion; Potential Road Fund debt by $2.7 billion; Annual debt service would range from $150-$67 million. HB 2388 (H-AM 1) would also raise General Obligation bond authorization by $6.069 billion increasing: General Obligation principal by $6.069 billion; Potential General Obligation debt by $9.9 billion; Annual debt service would range from $540-$252 million.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Madigan</action>
<statusdate>2/26/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>2/26/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>2/26/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/26/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2007</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/14/2007</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  013-000-000</action>
<statusdate>3/14/2007</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>4/27/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2008</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  003-001-000</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Rep. Jay C. Hoffman</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>House Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>House Amendment No. 1 Rules Refers to Transportation and Motor Vehicles Committee</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/29/2008</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/30/2008</statusdate><chamber>House</chamber><action>House Amendment No. 1 Recommends Be Adopted Transportation and Motor Vehicles Committee;  018-000-000</action>
<statusdate>5/31/2008</statusdate><chamber>House</chamber><action>House Amendment No. 1 State Debt Impact Note Filed as Amended</action>
<statusdate>5/31/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

