SB2758 - 104th General Assembly (2025-2026)

CHICAGO DEBT ISSUANCE VOTES
Last Action
1/13/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Mike Porfirio
Statutes Amended In Order of Appearance
65 ILCS 5/3.1-40-42 new  
Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that, the beginning on the effective date of the amendatory Act, the Chicago City Council shall not adopt an ordinance authorizing a debt issuance without the affirmative vote of at least three-fifths of the alderpersons then holding office on the Chicago City Council. Defines "debt issuance". Limits home rule powers.
Actions
DateChamberAction
1/13/2026SenateFiled with Secretary by Sen. Mike Porfirio
1/13/2026SenateFirst Reading
1/13/2026SenateReferred to Assignments