CONSERVE-FOREST DIST-BONDS
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SB 2603 — CONSERVE-FOREST DIST-BONDS
Last action — Session Sine Die
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 96th Regular Session. It reached “Passed Senate” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Conservation District Act and the Downstate Forest Preserve District Act. Provides that bonds issued by a conservation district or a forest preserve district shall be payable no later than 25 years from their respective date of issue (now, 20 years). Effective immediately.
Bill Text
What changed in the latest version
5 added · 23 removedPlain-language change summary
The amended Bill SB 2603 extends the repayment period for bonds issued by conservation districts and forest preserve districts from 20 years to 25 years. This change allows these districts more flexibility in managing their finances and planning for long-term projects. By giving them a longer time to pay back their bonds, it could help support conservation efforts and promote the maintenance of public lands in Illinois.
*LRB09618031RLJ33403b* SB2603 96THEngrossed GENERALLRB096 ASSEMBLY18031 StateRLJ of33403 Illinoisb andAN 2010ACT SB2603concerning Introducedlocal 1/21/2010,government. by Sen.
Pamela J.
Althoff SYNOPSIS AS INTRODUCED:
ILCS 410/15 from Ch.
96 1/2, par.
7116 ILCS 805/13 from Ch.
96 1/2, par.
6323 Amends the Conservation District Act and the Downstate Forest Preserve District Act.
Provides that bonds issued by a conservation district or a forest preserve district shall be payable no later than 25 years from their respective date of issue (now, 20 years).
Effective immediately.
LRB096 18031 RLJ 33403 b FISCAL NOTE ACT MAY APPLY A BILL FOR SB2603 LRB096 18031 RLJ 33403 b AN ACT concerning local government.
(c) For the purpose of development of real property, a SB2603 Engrossed - 2 - LRB096 18031 RLJ 33403 b district may incur indebtedness and, as evidence of the indebtedness thus created, may issue and sell bonds only after the proposition to issue bonds has been submitted to the legal voters of the district at an election and has been approved by a majority of those voting on the proposition.
Such bonds shall be divided into series, the first of which shall mature not later than 5 years after the date of issue and the last of which shall mature not later than 25 20 SB2603 Engrossed - 3 - LRB096 18031 RLJ 33403 b years after the date of issue;
The board of any forest preserve district organized hereunder may, for any SB2603 Engrossed - 4 - LRB096 18031 RLJ 33403 b of the purposes enumerated in this Act, borrow money upon the faith and credit of such district, and may issue bonds therefor.
No district containing fewer than 3,000,000 inhabitants may incur indebtedness for the acquisition of land or lands for any purpose in excess of 55,000 acres, including all lands SB2603 Engrossed - 5 - LRB096 18031 RLJ 33403 b theretofore acquired, unless the proposition to issue bonds or otherwise incur indebtedness is first submitted to the voters of the district at a referendum in accordance with the general election law and approved by a majority of those voting upon the proposition.
Action History
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Session Sine Die
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Referred to Rules Committee
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First Reading
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Placed on Calendar Order of First Reading
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Chief House Sponsor Rep. JoAnn D. Osmond
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Arrived in House
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Third Reading - Passed; 055-000-000
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Added as Chief Co-Sponsor Sen. Susan Garrett
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Placed on Calendar Order of 3rd Reading February 23, 2010
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Second Reading
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Placed on Calendar Order of 2nd Reading February 16, 2010
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Do Pass Local Government; 009-000-000
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Assigned to Local Government
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Pamela J. Althoff
Sponsors
- Pamela J. Althoff · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Pamela J. Althoff
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 9 | 0 | 0 | 0 |
| Unaffiliated | 45 | 0 | 0 | 4 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 55 | 0 | 0 | 4 |
| % of votes cast | 93% | 0% | 0% | 7% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Muñoz | — | Yea |
| Kotowski | — | Yea |
| McCarter | — | Yea |
| Meeks | — | Yea |
| Millner | — | Yea |
| Noland | — | Yea |
| Schoenberg | — | Yea |
| Steans | — | Yea |
| Demuzio | — | Yea |
| Jacobs | — | Yea |
| Jones, J. | — | Yea |
| Brady | — | Yea |
| Sullivan | — | Yea |
| Clayborne | — | Yea |
| Dillard | — | Yea |
| Forby | — | Yea |
| Garrett | — | Yea |
| Hutchinson | — | Yea |
| Link | — | Yea |
| Luechtefeld | — | Yea |
| Cullerton | — | Yea |
| Maloney | — | Yea |
| Pankau | — | Yea |
| Trotter | — | Yea |
| Viverito | — | Yea |
| Wilhelmi | — | Yea |
| Cronin | — | Yea |
| Crotty | — | Yea |
| Dahl | — | Yea |
| DeLeo | — | Not Voting |
| Haine | — | Yea |
| Hendon | — | Yea |
| Hultgren | — | Yea |
| Radogno | — | Yea |
| Raoul | — | Not Voting |
| Righter | — | Yea |
| Risinger | — | Yea |
| Rutherford | — | Yea |
| Sandoval | — | Yea |
| Silverstein | — | Yea |
| Lauzen | — | Not Voting |
| Althoff | — | Yea |
| Martinez | — | Yea |
| Bivins | — | Yea |
| Bomke | — | Yea |
| Bond | — | Yea |
| Burzynski | — | Yea |
| Duffy | — | Not Voting |
| Frerichs | — | Yea |
| David Koehler | Democrat | Yea |
| Don Harmon | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Eva-Dina Delgado | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Laura M. Murphy | Democrat | Yea |
| Linda Holmes | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Dave Syverson | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 2603 do?
- Amends the Conservation District Act and the Downstate Forest Preserve District Act. Provides that bonds issued by a conservation district or a forest preserve district shall be payable no later than 25 years from their respective date of issue (now, 20 years). Effective immediately.
- Who sponsors SB 2603?
- SB 2603 is sponsored by Pamela J. Althoff.
- What is the current status of SB 2603?
- This bill died with 96th Regular Session. It reached “Passed Senate” 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 SB 2603?
- Track SB 2603 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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