FINANCE-TECH

Amends the Bond Authorization Act. Makes a technical change in a Section concerning the short title. House Floor Amendment No. 2 Deletes reference to: 30 ILCS 305/0.01 Adds reference to: 30 ILCS 575/4f 30 ILCS 575/6 from Ch. 127, par. 132.606 30 ILCS 575/8f Replaces everything after the enacting clause. Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Makes changes to a Section concerning the award of State contracts to professional service firms (currently, the award of State contracts). Removes provisions concerning Business Enterprise Council reports for community college districts. Provides that each community college district shall file the annual compliance plan, mid-fiscal year report, and annual report with the Illinois Community College Board. Provides that the Illinois Community College Board shall compile and submit the reports to the Secretary of the Business Enterprise Council. In a Section concerning an annual report, requires the Business Enterprise Council to report specified information for each community college district. Senate Floor Amendment No. 1 Deletes reference to: 30 ILCS 575/4f 30 ILCS 575/6 from Ch. 127, par. 132.606 30 ILCS 575/8f Adds reference to: 30 ILCS 105/5.891 new 30 ILCS 105/5.893 new 30 ILCS 105/5.894 new 30 ILCS 105/5.895 new 30 ILCS 105/5.896 new 30 ILCS 105/6z-78 30 ILCS 105/6z-108 new 30 ILCS 105/6z-109 new 30 ILCS 105/6z-110 new 30 ILCS 105/6z-111 new 30 ILCS 330/2 from Ch. 127, par. 652 30 ILCS 330/2.5 30 ILCS 330/3 from Ch. 127, par. 653 30 ILCS 330/4 from Ch. 127, par. 654 30 ILCS 330/5 from Ch. 127, par. 655 30 ILCS 330/6 from Ch. 127, par. 656 30 ILCS 330/9 from Ch. 127, par. 659 30 ILCS 330/11 from Ch. 127, par. 661 30 ILCS 330/7.6 30 ILCS 330/12 from Ch. 127, par. 662 30 ILCS 330/15 from Ch. 127, par. 665 30 ILCS 330/19 from Ch. 127, par. 669 30 ILCS 425/2 from Ch. 127, par. 2802 30 ILCS 425/4 from Ch. 127, par. 2804 30 ILCS 425/6 from Ch. 127, par. 2806 30 ILCS 425/8 from Ch. 127, par. 2808 70 ILCS 3615/2.32 Replaces everything after the enacting clause. Creates the Rebuild Illinois Capital Financing Program of 2019. Amends the General Obligation Bond Act. Increases the amount of bonded indebtedness authorized to $78,256,839,969 from $57,717,925,743, and specifies the uses for which the additional moneys may be used. Expands the Funds used to determine the debt limit to include the Fund for the Advancement of Education, the Commitment to Human Services Fund, and the Budget Stabilization Fund (currently, the General Revenue Fund, the Common School Fund, the General Revenue Common School Special Account Fund, and the Education Assistance Fund). Creates the Mass Transportation Bond Fund. Amends the Build Illinois Bond Act. Increases the amount of bonded indebtedness authorized to $9,484,681,100 from $6,246,009,000, and specifies the uses for which the additional moneys may be used. Amends the State Finance Act and the Regional Transportation Authority Act. Makes conforming changes. Effective immediately.