91st General Assembly
Summary of HB4180
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House Sponsors:

Short description: 
BONDS-PRIVATE ACTIVITY LIMIT                                               

Synopsis of Bill as introduced:
        Amends the Illinois Private Activity  Bond  Allocation  Act  with      
   respect  to the volume cap allocation.  Provides that no unit of local      
   government may be granted  more  than  5%  (now,  10%)  for  a  single      
   project,  bond  issue,  or  borrower  (now,  for  a  single  project).      
   Effective immediately.                                                      
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

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


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