<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2936         </title>
<shortdesc>LOCAL GOV DEBT-ALTERNATE BONDS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Steven Reick and Martin McLaughlin</sponsors>
</sponsor>
<lastaction>
<statusdate>3/7/2024</statusdate><chamber>House</chamber><action>Tabled Pursuant to Rule</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 350/15</reference><aliasreference>from Ch. 17, par. 6915</aliasreference><SynopsisText>     Amends the Local Government Debt Reform Act. Provides that alternate bonds may not be secured by the proceeds of general obligation bonds issued without referendum approval. Effective immediately.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<SynopsisText>Provides that the introduced bill applies only to bonds issued on or after the effective date of the amendatory Act.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Steven Reick</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2023</statusdate><chamber>House</chamber><action>Assigned to Counties &amp; Townships Committee</action>
<statusdate>3/3/2023</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Steven Reick</action>
<statusdate>3/3/2023</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/7/2023</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Counties &amp; Townships Committee</action>
<statusdate>3/9/2023</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Counties &amp; Townships Committee;  by Voice Vote</action>
<statusdate>3/9/2023</statusdate><chamber>House</chamber><action>Motion Do Pass - Lost Counties &amp; Townships Committee;  004-005-000</action>
<statusdate>3/9/2023</statusdate><chamber>House</chamber><action>Remains in Counties &amp; Townships Committee</action>
<statusdate>3/10/2023</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>2/7/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Martin McLaughlin</action>
<statusdate>2/14/2024</statusdate><chamber>House</chamber><action>Assigned to Counties &amp; Townships Committee</action>
<statusdate>3/7/2024</statusdate><chamber>House</chamber><action>Motion Do Pass - Lost Counties &amp; Townships Committee;  003-005-001</action>
<statusdate>3/7/2024</statusdate><chamber>House</chamber><action>Tabled Pursuant to Rule</action>
</actions>
</xml>

