<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4494         </title>
<shortdesc>BOND AUTH-NO ROLLOVER</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dan Ugaste and Norine K. Hammond</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 305/8 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dan Ugaste</action>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Norine K. Hammond</action>
<statusdate>3/12/2020</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

