SCH CD-CENTRAL COMM BOND ISSUE
Summary
Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Central Community Unit School District 301 may issue bonds with an aggregate principal amount not to exceed $195,000,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and must mature within not to exceed 25 years from their date. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2023
Last action Mar 27, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
1
Committee
4
Mar 27, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 1, 2023
Lower · Passed
Do Pass / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 009-000-000
lower
Feb 15, 2023
Committee
Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools
lower
Feb 7, 2023
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor
Sponsors
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