LOCAL GOV BANKRUPTCY NEUT EVAL House SponsorsRep. Ron Sandack-Jim Durkin-Steven A. Andersson-Joe Sosnowski-Jeanne M Ives, Margo McDermed, Ed Sullivan and Dwight Kay 1/10/2017HouseSession Sine Die New Act5 ILCS 120/2from Ch. 102, par. 425 ILCS 140/7.5 Creates the Local Government Bankruptcy Neutral Evaluation Act. Makes legislative findings. Defines terms. Authorizes a local public entity to initiate a neutral evaluation process if that entity is unable to meet its financial obligations. Provides for the selection and qualification of an evaluator, the evaluation process, cessation of an evaluation, declaration of a fiscal emergency, and definition of liabilities. Provides that records prepared for or used in connection with the Local Government Bankruptcy Neutral Evaluation Act are exempt from disclosure. Amends the Open Meetings Act. Provides that a public body may hold closed meetings related to the Local Government Bankruptcy Neutral Evaluation Act. Amends the Freedom of Information Act. Makes conforming changes. 5/11/2015HouseFiled with the Clerk by Rep. Ron Sandack 5/12/2015HouseFirst Reading 5/12/2015HouseReferred to Rules Committee 5/25/2015HouseAdded Chief Co-Sponsor Rep. Jim Durkin 5/25/2015HouseAdded Chief Co-Sponsor Rep. Steven A. Andersson 5/25/2015HouseAdded Chief Co-Sponsor Rep. Joe Sosnowski 5/25/2015HouseAdded Chief Co-Sponsor Rep. Jeanne M Ives 5/26/2015HouseAdded Co-Sponsor Rep. Margo McDermed 5/26/2015HouseAdded Co-Sponsor Rep. Ed Sullivan 5/26/2015HouseAdded Co-Sponsor Rep. Dwight Kay 5/26/2015HouseAdded Co-Sponsor Rep. David McSweeney 5/26/2015HouseRemoved Co-Sponsor Rep. David McSweeney 1/10/2017HouseSession Sine Die