Bill Status of HB3857  101st General Assembly


Short Description:  LOCAL GOV BANKRUPTCY NEUT EVAL

House Sponsors
Rep. Allen Skillicorn

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
5 ILCS 120/2from Ch. 102, par. 42
5 ILCS 140/7.5


Synopsis As Introduced
Creates the Local Government Bankruptcy Neutral Evaluation Act. Makes legislative findings. Defines terms. Authorizes a local public entity to initiate a neutral evaluation process if that entity is unable to meet its financial obligations. Provides for the selection and qualification of an evaluator, the evaluation process, cessation of an evaluation, declaration of a fiscal emergency, and definition of liabilities. Provides that records prepared for or used in connection with the Local Government Bankruptcy Neutral Evaluation Act are exempt from disclosure. Amends the Open Meetings Act. Provides that a public body may hold closed meetings related to the Local Government Bankruptcy Neutral Evaluation Act. Amends the Freedom of Information Act. Makes conforming changes. Effective immediately.

Actions 
DateChamber Action
  7/25/2019HouseFiled with the Clerk by Rep. Allen Skillicorn
  10/17/2019HouseFirst Reading
  10/17/2019HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die