HOSPITAL DISTRICT-BONDS Senate SponsorsSen. David Luechtefeld-Gary Forby and Martin A. Sandoval House Sponsors(Rep. Brandon W. Phelps-Dan Reitz-John E. Bradley-Mike Bost-Jil Tracy) 8/23/2007SenatePublic Act . . . . . . . . . 95-0366 70 ILCS 910/21.3 newAmends the Hospital District Law. Provides that a hospital district may issue bonds, notes, or other obligations, or enter into a line of credit, secured by property taxes, unencumbered accounts receivable, or other revenues. Allows the district to establish a line of credit in connection with those borrowings. Provides that the Treasurer may accept a linked-deposit proposal from an eligible institution, subject to certain restrictions. Effective immediately.Senate Committee Amendment No. 1 Deletes a provision of the introduced bill that allows the State Treasurer to accept proposals for linked-deposit.Senate Committee Amendment No. 2 Deletes everything after the enacting clause. Amends the Hospital District Law. Provides that a hospital district may enter into a line of credit secured by property taxes, unencumbered accounts receivable, or other revenues. Effective immediately. 2/7/2007SenateFiled with Secretary by Sen. David Luechtefeld 2/7/2007SenateFirst Reading 2/7/2007SenateReferred to Rules 2/7/2007SenateAdded as Chief Co-Sponsor Sen. Gary Forby 2/21/2007SenateAssigned to Local Government 2/27/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. David Luechtefeld 2/27/2007SenateSenate Committee Amendment No. 1 Referred to Rules 2/28/2007SenateSenate Committee Amendment No. 1 Rules Refers to Local Government 2/28/2007SenateAdded as Co-Sponsor Sen. Martin A. Sandoval 2/28/2007SenateSenate Committee Amendment No. 1 Adopted 3/1/2007SenateHeld in Local Government 3/7/2007SenateHeld in Local Government 3/12/2007SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. David Luechtefeld 3/12/2007SenateSenate Committee Amendment No. 2 Referred to Rules 3/13/2007SenateSenate Committee Amendment No. 2 Rules Refers to Local Government 3/13/2007SenateSenate Committee Amendment No. 2 Adopted 3/14/2007SenateDo Pass as Amended Local Government; 009-000-000 3/14/2007SenatePlaced on Calendar Order of 2nd Reading March 15, 2007 3/22/2007SenateSecond Reading 3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007 3/29/2007SenateThird Reading - Passed; 056-001-000 3/29/2007HouseArrived in House 3/29/2007HousePlaced on Calendar Order of First Reading 3/29/2007HouseChief House Sponsor Rep. Brandon W. Phelps 3/29/2007HouseFirst Reading 3/29/2007HouseReferred to Rules Committee 4/30/2007HouseAssigned to Local Government Committee 5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007 5/23/2007HouseDo Pass / Short Debate Local Government Committee; 011-000-000 5/23/2007HousePlaced on Calendar 2nd Reading - Short Debate 5/24/2007HouseSecond Reading - Short Debate 5/24/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/28/2007HouseThird Reading - Short Debate - Passed 114-000-000 5/28/2007SenatePassed Both Houses 5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Dan Reitz 5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. John E. Bradley 5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Mike Bost 5/29/2007HouseAdded Alternate Chief Co-Sponsor Rep. Jil Tracy 6/26/2007SenateSent to the Governor 8/23/2007SenateGovernor Approved 8/23/2007SenateEffective Date August 23, 2007 8/23/2007SenatePublic Act . . . . . . . . . 95-0366