IHDA-OUTSTANDING BONDS

Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall not have outstanding at any one time bonds and notes for any of its corporate purposes in an aggregate principal amount exceeding $7,200,000,000 (rather than $3,600,000,000), excluding bonds and notes issued to refund outstanding bonds and notes. Provides that of the authorized aggregate principal amount of $7,200,000,000 (rather than $3,600,000,000), the amount of $150,000,000 shall be used for the specified purposes. House Floor Amendment No. 3 Deletes reference to: 20 ILCS 3805/22 Adds reference to: 820 ILCS 405/1502.5 new Replaces everything after the enacting clause. Amends the Unemployment Insurance Act. With respect to benefits paid to certain academic personnel beginning on or after January 3, 2021 and before September 4, 2021, provides that: (i) an employer that is subject to the payment of contributions shall not be chargeable for any benefit charges; (ii) a nonprofit organization that is subject to making payments in lieu of contributions shall be chargeable for 50% of the benefits paid if the week begins before April 4, 2021, and 75% if the week begins on or after April 4, 2021; and (iii) the State and any local government that is subject to making payments in lieu of contributions shall be chargeable for 50% of the benefits paid if the week begins before April 4, 2021, and 75% if the week begins on or after April 4, 2021. Effective immediately.