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HB 459 Illinois House · 100th Regular Session

DEBT CONTROL-TAXPYR PROTECTION

Summary
Creates the School District Debt Control and Taxpayer Protection Act and amends the School Code. Provides that a school district may not refinance debt past the repayment period of the debt when issued, may not issue debt to be serviced over a period of greater than 20 years, and may not issue capital appreciation bonds. Provides that school districts may not be indebted in an amount greater than that indicated in the Act and if a school district does exceed the debt limitation, then the school district may not incur any new debt until the school district's debt is lower than the debt limitation. Effective immediately.
Bill status failed 2 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Apr 2017
House Failed
Apr 2017
Governor
Introduced Jan 13, 2017 Last action Apr 27, 2017
Floor votes · House Apr 27, 2017

How they voted

37–64
Failed · 4 other
Total votes 105
Apr 27, 2017
D Democratic62
10 Yea 49 Nay 3
79% Nay
R Republican43
27 Yea 15 Nay 1
62% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
28
Key actions
5
Committee
8
Amendments
7
Apr 27, 2017
Vote failed
House Vote: fail (37-64-4)
house
Apr 26, 2017
Lower · Passed
House Floor Amendment No. 3 Adopted
lower
Apr 26, 2017
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Elementary & Secondary Education: Licensing, Administration & Oversight; 008-000-000
lower
Apr 24, 2017
Introduced
House Floor Amendment No. 3 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight
lower
Apr 21, 2017
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
Apr 21, 2017
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Jeanne M Ives
lower
Mar 22, 2017
Amended
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
lower
Mar 22, 2017
Lower · Passed
Do Pass as Amended / Short Debate Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000
lower
Mar 22, 2017
Lower · Passed
House Committee Amendment No. 2 Adopted in Elementary & Secondary Education: Licensing, Administration & Oversight; by Voice Vote
lower
Mar 21, 2017
Lower · Passed
House Committee Amendment No. 2 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight
lower
Mar 16, 2017
Committee
House Committee Amendment No. 2 Referred to Rules Committee
lower
Mar 16, 2017
Introduced
House Committee Amendment No. 2 Filed with Clerk by Rep. Jeanne M Ives
lower
Feb 14, 2017
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 14, 2017
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Jeanne M Ives
lower
Feb 2, 2017
Committee
Assigned to Elementary & Secondary Education: Licensing, Administration & Oversight
lower
Jan 17, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.