90th General Assembly
Summary of HB1450
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Short description: 
IDFA-IEFFA-INCREASE BONDS                                                  

Synopsis of Bill as introduced:
        Amends the Illinois Development Finance Authority Act to increase      
   bond authorization by $2,000,000,000.  Provides  that  the  provisions      
   prohibiting  bonds  or  other  evidences of indebtedness issued by the      
   Authority from becoming an indebtedness or  obligation  of  the  State      
   apply  to  bonds  issued  under  this Act or any other law. Amends the      
   Illinois Environmental  Facilities  Financing  Act  to  increase  bond      
   authorization by $900,000,000.  Effective immediately.                      
        SENATE AMENDMENT NO. 1. (Senate recedes June 1, 1997)                  
        Deletes the immediate effective date.                                  
        CONFERENCE COMMITTEE REPORT NO. 1.                                     
        Recommends that the Senate recede from S-am 1.                         
        Recommends that the bill be amended as follows:                        
        Restores the immediate effective date.                                 
Last action on Bill: PUBLIC ACT.............................. 90-0470

   Last action date: 97-08-17

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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