92nd General Assembly
Status of SB0598
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   75 ILCS 16/15-85                                                            

        Amends the Public Library District Act of 1991.  Allows  property      
   taxes  to be extended to pay the principal and interest on the general      
   obligation bonds of a library  district  that  are  issued  to  refund      
   certain bonds if (i) the net interest rate on the refunding bonds does      
   not exceed the net interest rate on the refunded bonds, (ii) the final      
   maturity  date of the refunding bonds does not extend beyond the final      
   maturity date of the  refunded  bonds,  and  (iii)  the  debt  service      
   payable  on  the  refunding bonds in any year does not exceed the debt      
   service that would have been payable on the refunded bonds that  year.      
   Provides that the amendatory provisions are inoperative after June 30,      
   2002.  Effective immediately.                                               
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-08-2001  S                                 POSTPONED                       
   MAR-29-2001  S       DO PASS                             007-000-000   SREV    
   MAR-29-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-30              
   MAR-30-2001  S  SECOND READING                                                 
   MAR-30-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-04-02              
   APR-03-2001  S  THIRD READING - PASSED                   054-000-000           
   APR-03-2001  H  ARRIVE IN HOUSE                                                
   APR-03-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   APR-06-2001  H  HOUSE SPONSOR                            CURRIE                
   APR-06-2001  H  FIRST READING                                                  
   APR-06-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-18-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAY-03-2001  H  DO PASS/SHORT DEBATE                     011-000-000   HREV    
   MAY-03-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-16-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-16-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-18-2001  H  3RD RDG. DEADLINE EXTENDED-RULE          9(B)- MAY 25, 2001    
   MAY-18-2001  H  CALENDAR ORDER 3RD READING-SHORT DEBATE                        
   MAY-25-2001  H  THIRD READING/SHORT DEBATE/PASSED        118-000-000           
   MAY-25-2001  S  PASSED BOTH HOUSES                                             
   JUN-22-2001  S  SENT TO THE GOVERNOR                                           
   AUG-15-2001  S  GOVERNOR APPROVED                                              
   AUG-15-2001  S                            EFFECTIVE DATE 01-08-15              
   AUG-15-2001  S  PUBLIC ACT.............................. 92-0368               


 Full Text  Bill Summary