<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5830         </title>
<shortdesc>SCH CD-ALDEN-HEBRON BOND ISSUE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Steven Reick</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>105 ILCS 5/19-1</reference><aliasreference></aliasreference><SynopsisText>     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, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 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. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>10/27/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Steven Reick</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

