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HB 2499

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: February 4, 2025.

LOCAL GOV DEBT-ALTERNATE BONDS.

Bill ID IL-104-HB-2499
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-02-04
Summary

Amends the Local Government Debt Reform Act. Provides that alternate bonds issued on or after the effective date of the amendatory Act may not be secured by the proceeds of general obligation bonds issued without referendum approval. Effective immediately.

Sponsor
Steven Reick
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-04 Introduced Bill introduced
2025-02-04 Status in_committee
2025-02-04 Latest Action 2/04/2025 - House:
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