Illinois 101st Regular Session Status: In Committee 1 R cosponsors

HB 884 — LOCAL INFRASTRUCTURE LOAN PROG

Last action — Rule 19(a) / Re-referred to Rules Committee

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 101st Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority may administer a local infrastructure revolving loan program. Provides that the program shall, in instances where sufficient loan funds exist to permit applications to be accepted, provide zero-interest and low-interest loans to units of local government to be used for specified infrastructure projects. Creates the Local Infrastructure Revolving Loan Fund, and provides for the use of the Fund. Provides for a continuing appropriation of moneys from the Fund to the Authority for payment to units of local government for specified purposes. Provides for the maximum amount of the loan to be given and repayment of the loan. Authorizes the Authority to adopt rules to administer the program. Amends the State Finance Act to provide for the Local Infrastructure Revolving Loan Fund.

Bill Text

Action History

  1. Rule 19(a) / Re-referred to Rules Committee

  2. Added Co-Sponsor Rep. Andrew S. Chesney

  3. Added Chief Co-Sponsor Rep. Darren Bailey

  4. To Sales, Amusement & Other Taxes Subcommittee

  5. Assigned to Revenue & Finance Committee

  6. Referred to Rules Committee

  7. First Reading

  8. Filed with the Clerk by Rep. Michael T. Marron

Sponsors

  • Michael T. Marron · Cosponsor
  • Darren Bailey · Cosponsor
  • Andrew S. Chesney · Cosponsor

Sponsorship breakdown

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0 sponsors · 3 co-sponsors · 180 not signed on

Sponsors (0)

None.

Co-sponsors (3)

Not signed on (180)

180 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance transportation
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Frequently asked questions

What does HB 884 do?
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority may administer a local infrastructure revolving loan program. Provides that the program shall, in instances where sufficient loan funds exist to permit applications to be accepted, provide zero-interest and low-interest loans to units of local government to be used for specified infrastructure projects. Creates the Local Infrastructure Revolving Loan Fund, and provides for the use of the Fund. Provides for a continuing appropriation of moneys from the Fund to the Authority for payment to units of local government for specified purposes. Provides for the maximum amount of the loan to be given and repayment of the loan. Authorizes the Authority to adopt rules to administer the program. Amends the State Finance Act to provide for the Local Infrastructure Revolving Loan Fund.
Who sponsors HB 884?
HB 884 is sponsored by Michael T. Marron, Darren Bailey, and Andrew S. Chesney (Republican).
What is the current status of HB 884?
This bill died with 101st Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 884?
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Last checked for changes 3 months ago · updated continuously

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