SCH CD-ALDEN-HEBRON BOND ISSUE
Summary
Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Oct 2022
Committee Review
Floor Vote
Governor
Introduced Oct 27, 2022
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Nov 16, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steve Reick
RRepublican
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