30 ILCS 330/2 from Ch. 127, par. 652
30 ILCS 330/5 from Ch. 127, par. 655
Amends the General Obligation Bond Act. Increases by
$1,000,000,000 the amount authorized to be sold for grants to school
districts for school improvement projects authorized by the School
Construction Law. Distributes the increased authorization by
increasing the amount authorized to be sold in year 5 of the schedule
by $200,000,000 and in year 6 of the schedule by $330,000,000, and by
extending the schedule to a seventh and eighth year in which
$300,000,000 and $170,000,000 respectively are authorized to be sold.
Effective July 1, 2002.
JAN-29-2002 S FIRST READING
JAN-29-2002 S REFERRED TO SENATE RULES COMMITTEE RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
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