MUNI CODE-BORROWING
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HB 768 — MUNI CODE-BORROWING
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 House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 96th Regular Session. It reached “Passed House” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Municipal Code. In a Section authorizing the corporate authorities of a municipality to borrow money from any bank or other financial institution, adds to the definition of "financial institution" any regional planning commission or joint regional planning commission established in accordance with the Counties Code. Effective immediately.
Bill Text
What changed in the latest version
2 added · 21 removedPlain-language change summary
The amendment to HB 768 adds a provision to the Illinois Municipal Code that allows certain financial commissions, established under the Counties Code, to qualify as entities from which municipalities can borrow money. This change is important because it expands the options available to local governments for securing funding, potentially improving their financial flexibility and capacity to address local needs.
*LRB09603231RLJ13248b* HB0768 96THEngrossed GENERALLRB096 ASSEMBLY03231 StateRLJ of13248 Illinoisb andAN 2010ACT HB0768concerning Introducedlocal 2/9/2009,government. by Rep.
John D.
Cavaletto - Ron Stephens - David Reis SYNOPSIS AS INTRODUCED:
ILCS 5/8-1-3.1 from Ch.
24, par.
8-1-3.1 Amends the Illinois Municipal Code.
In a Section authorizing the corporate authorities of a municipality to borrow money from any bank or other financial institution, adds to the definition of "financial commission established in accordance with the Counties Code.
Effectiveng immediately.
LRB096 03231 RLJ 13248 b FISCAL NOTE ACT MAY APPLY A BILL FOR HB0768 LRB096 03231 RLJ 13248 b AN ACT concerning local government.
The promissory note or other debt instrument shall be authorized by an ordinance passed by the corporate authorities and shall be HB0768 Engrossed - 2 - LRB096 03231 RLJ 13248 b valid whether or not an appropriation with respect to that ordinance is included in any annual or supplemental appropriation adopted by the corporate authorities.
Action History
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Session Sine Die
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Alternate Chief Sponsor Changed to Sen. John O. Jones
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Sponsor Removed Sen. Don Harmon
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Rule 3-9(a) / Re-referred to Assignments
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Postponed - Local Government
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Postponed - Local Government
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Held in Local Government
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Assigned to Local Government
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Sponsor Removed Sen. John O. Jones
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Added as Alternate Chief Co-Sponsor Sen. John O. Jones
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Referred to Assignments
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First Reading
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Added as Alternate Chief Co-Sponsor Sen. Don Harmon
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Chief Senate Sponsor Sen. John J. Cullerton
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Placed on Calendar Order of First Reading March 26, 2009
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Arrive in Senate
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Third Reading - Short Debate - Passed 113-000-001
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Placed on Calendar Order of 3rd Reading - Short Debate
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Second Reading - Short Debate
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Placed on Calendar 2nd Reading - Short Debate
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Do Pass / Short Debate Cities & Villages Committee; 009-000-000
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Re-assigned to Cities & Villages Committee
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Assigned to Executive Committee
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Referred to Rules Committee
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First Reading
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Chief Co-Sponsor Rep. David Reis
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Chief Co-Sponsor Rep. Ron Stephens
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Filed with the Clerk by Rep. John D. Cavaletto
Sponsors
- John D. Cavaletto · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- John D. Cavaletto
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 |
|---|---|---|---|---|
| Unaffiliated | 99 | 0 | 0 | 4 |
| Democrat | 11 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 1 |
| Total | 113 | 0 | 0 | 5 |
| % of votes cast | 96% | 0% | 0% | 4% |
How each member voted (118)
| Member | Party | Vote |
|---|---|---|
| Graham | — | Yea |
| Nekritz | — | Yea |
| May | — | Yea |
| Lang | — | Yea |
| Leitch | — | Yea |
| Davis, Monique | — | Yea |
| Reitz | — | Yea |
| Lyons | — | Yea |
| Dugan | — | Yea |
| Dunkin | — | Yea |
| Durkin | — | Yea |
| Eddy | — | Yea |
| Farnham | — | Yea |
| Jefferson | — | Yea |
| McAuliffe | — | Yea |
| McCarthy | — | Yea |
| Mell | — | Yea |
| Moffitt | — | Yea |
| Myers | — | Yea |
| Bradley | — | Yea |
| McGuire | — | Yea |
| Osterman | — | Yea |
| Brady | — | Yea |
| Pihos | — | Yea |
| Senger | — | Yea |
| Sommer | — | Yea |
| Sullivan | — | Yea |
| Thapedi | — | Yea |
| Burke | — | Yea |
| Mitchell, Bill | — | Yea |
| Tryon | — | Yea |
| Mitchell, Jerry | — | Yea |
| Turner | — | Yea |
| Gordon, Jehan | — | Yea |
| Verschoore | — | Yea |
| Wait | — | Yea |
| Winters | — | Yea |
| Yarbrough | — | Yea |
| Hannig | — | Yea |
| Harris | — | Yea |
| Zalewski | — | Yea |
| Watson | — | Yea |
| Hernandez | — | Yea |
| Howard | — | Yea |
| Cavaletto | — | Yea |
| Coladipietro | — | Yea |
| Cole | — | Yea |
| Colvin | — | Yea |
| Cross | — | Yea |
| Cultra | — | Yea |
| Flider | — | Yea |
| Flowers | — | Yea |
| Fortner | — | Yea |
| Fritchey | — | Yea |
| Froehlich | — | Yea |
| Golar | — | Yea |
| Hamos | — | Yea |
| Hatcher | — | Yea |
| Holbrook | — | Yea |
| Gordon, Careen | — | Not Voting |
| Mulligan | — | Not Voting |
| Currie | — | Yea |
| D'Amico | — | Yea |
| Franks | — | Not Voting |
| Jackson | — | Yea |
| Jakobsson | — | Yea |
| Kosel | — | Not Voting |
| Osmond | — | Yea |
| Phelps | — | Yea |
| Poe | — | Yea |
| Pritchard | — | Yea |
| Ramey | — | Yea |
| Reboletti | — | Yea |
| Reis | — | Yea |
| Riley | — | Yea |
| Ryg | — | Yea |
| Sacia | — | Yea |
| Saviano | — | Yea |
| Schmitz | — | Yea |
| Soto | — | Yea |
| Washington | — | Yea |
| Madigan | — | Yea |
| Acevedo | — | Yea |
| Arroyo | — | Yea |
| Bassi | — | Yea |
| Beaubien | — | Yea |
| Beiser | — | Yea |
| Bellock | — | Yea |
| Mathias | — | Yea |
| Berrios | — | Yea |
| Biggins | — | Yea |
| Mautino | — | Yea |
| Black | — | Yea |
| Boland | — | Yea |
| Bost | — | Yea |
| Brauer | — | Yea |
| Brosnahan | — | Yea |
| Burns | — | Yea |
| Mendoza | — | Yea |
| Connelly | — | Yea |
| McAsey | — | Yea |
| Coulson | — | Yea |
| Chapa LaVia | — | Yea |
| Anthony DeLuca | Democrat | Yea |
| Fred Crespo | Democrat | Yea |
| Jay Hoffman | Democrat | Yea |
| La Shawn K. Ford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Nicholas K. Smith | Democrat | Yea |
| Patrick J. Joyce | Democrat | Yea |
| Robert "Bob" Rita | Democrat | Yea |
| Sara Feigenholtz | Democrat | Yea |
| William "Will" Davis | Democrat | Yea |
| Brad Stephens | Republican | Yea |
| Chapin Rose | Republican | Not Voting |
| Chris Miller | Republican | Yea |
| Jil Tracy | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 768 do?
- Amends the Illinois Municipal Code. In a Section authorizing the corporate authorities of a municipality to borrow money from any bank or other financial institution, adds to the definition of "financial institution" any regional planning commission or joint regional planning commission established in accordance with the Counties Code. Effective immediately.
- Who sponsors HB 768?
- HB 768 is sponsored by John D. Cavaletto.
- What is the current status of HB 768?
- This bill died with 96th Regular Session. It reached “Passed House” 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 768?
- Track HB 768 free on One Click Politics — get push/email alerts when it moves.
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