CHICAGO DEBT ISSUANCE VOTES Senate SponsorsSen. Mike Porfirio 1/13/2026SenateReferred to Assignments 65 ILCS 5/3.1-40-42 newAmends 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. 1/13/2026SenateFiled with Secretary by Sen. Mike Porfirio 1/13/2026SenateFirst Reading 1/13/2026SenateReferred to Assignments