PROP TAX-SPECIAL SERVICE AREAS
Summary
Amends the Property Tax Code. Authorizes the issuance of refunding bonds for special service area bonds and sets forth requirements for the term and debt service of the refunding bonds. Provides that specified property taxes in 2 or more special service areas may be pledged to secure a single bond issue benefitting the special service areas if those special service areas are within the corporate limits of a municipality. Effective immediately.
Bill status
failed
3 of 5 stages cleared
Introduction
Apr 2008
Committee Review
May 2008
Senate Passage
Apr 2008
House Passage
Governor
Introduced Apr 17, 2008
Last action Jan 13, 2009
Floor votes · Senate Apr 17, 2008
How they voted
52–0
Passed · 5 other
Total votes 57
Apr 17, 2008
D
Democratic35
94% Yea
R
Republican22
86% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
26
Key actions
3
Committee
7
Amendments
4
May 31, 2008
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 28, 2008
Committee
Assigned to Revenue Committee
lower
May 1, 2008
Committee
Referred to Rules Committee
lower
Apr 17, 2008
Introduced
Arrived in House
lower
Apr 17, 2008
Senate · Passed
Senate Vote: pass (52-0-5)
senate
Apr 16, 2008
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Wilhelmi
upper
Apr 10, 2008
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 008-000-001
upper
Apr 9, 2008
Introduced
Senate Floor Amendment No. 1 Rules Refers to Revenue
upper
Apr 2, 2008
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Apr 2, 2008
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi
upper
Mar 6, 2008
Upper · Passed
Do Pass Revenue; 006-001-001
upper
Feb 27, 2008
Committee
Assigned to Revenue
upper
Feb 14, 2008
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 2342
Scope: IL
Hi! I can help you understand SB 2342. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline