Illinois General Assembly - Bill Status for HB1459
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 Bill Status of HB1459  101st General Assembly

Short Description:  IDFA-BOND AUTHORIZATION LIMITS

House Sponsors
Rep. Gary Hannig

Senate Sponsors
(Sen. Emil Jones, Jr. - Jeffrey M. Schoenberg)

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3505/8from Ch. 48, par. 850.08


Synopsis As Introduced
Amends the Illinois Development Finance Authority Act. Provides that, excluding the authorization for certain bonds and bonds issued to refund outstanding bonds, the Illinois Development Finance Authority may not have outstanding at any one time bonds for any of its corporate purposes in an aggregate principal amount exceeding $8,200,000,000 (now, $6,200,000,000). Effective immediately.

House Committee Amendment No. 1
Removes the substantive change made in the introduced bill and instead makes a technical change.

Senate Committee Amendment No. 1
Provides that, excluding certain bonds, the Authority may not have outstanding at any one time bonds for any of its corporate purposes in an aggregate principal amount exceeding $8,200,000,000 (now, $6,200,000,000).

Actions 
DateChamber Action
  2/6/2003HouseFiled with the Clerk by Rep. Gary Hannig
  2/6/2003HouseFirst Reading
  2/6/2003HouseReferred to Rules Committee
  2/11/2003HouseAssigned to Executive Committee
  3/6/2003HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee
  3/6/2003HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/6/2003HouseDo Pass as Amended / Short Debate Executive Committee; 007-005-000
  3/6/2003HousePlaced on Calendar 2nd Reading - Short Debate
  4/3/2003HouseSecond Reading - Short Debate
  4/3/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/4/2003HouseThird Reading - Short Debate - Passed 062-054-001
  4/8/2003SenateArrive in Senate
  4/8/2003SenatePlaced on Calendar Order of First Reading April 9, 2003
  4/8/2003SenateChief Senate Sponsor Sen. Vince Demuzio
  4/8/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
  4/9/2003SenateFirst Reading
  4/9/2003SenateReferred to Rules
  4/16/2003SenateAssigned to Executive
  4/29/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Vince Demuzio
  4/29/2003SenateSenate Committee Amendment No. 1 Referred to Rules
  4/30/2003SenateSenate Committee Amendment No. 1 Rules Refers to Executive
  5/1/2003SenateSenate Committee Amendment No. 1 Adopted
  5/1/2003SenateDo Pass as Amended Executive; 012-000-000
  5/1/2003SenatePlaced on Calendar Order of 2nd Reading May 6, 2003
  5/6/2003SenateSecond Reading
  5/6/2003SenatePlaced on Calendar Order of 3rd Reading May 7, 2003
  5/9/2003SenateThird Reading - Passed; 056-000-000
  5/9/2003HouseArrived in House
  5/9/2003HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/15/2003HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Gary Hannig; Motion #1
  5/15/2003HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/23/2003HouseFinal Action Deadline Extended-9(b) May 31, 2003
  6/1/2003HouseRule 19(a) / Re-referred to Rules Committee
  5/13/2004SenateAlternate Chief Sponsor Changed to Sen. Emil Jones, Jr.
  1/11/2005HouseSession Sine Die

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