SHORT TERM BORROWING
Summary
Amends the Short Term Borrowing Act. Authorizes the Governor, Comptroller, and Treasurer to borrow principal amounts not to exceed a total of $1,500,000,000, at any time and from time to time outstanding, to be applied to the purposes of paying hospital access improvement payments under the Public Aid Code and in order to obtain all funds available to the State under federal economic stimulus and recovery programs, together with paying debts and associated expenses incurred in connection with the borrowing. Provides that all moneys so borrowed shall be borrowed for a period not to exceed one year. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2009
Last action Jan 12, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
31
Key actions
0
Committee
8
Amendments
7
Jan 12, 2011
Senate · Failed
Session Sine Die
Aug 15, 2009
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Apr 2, 2009
Senate · Amendment adopted
Senate Floor Amendment No. 3 Adopted; Schoenberg
Mar 31, 2009
Senate · Amendment offered
Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 010-000-000
Mar 18, 2009
Senate · Amendment offered
Senate Floor Amendment No. 3 Assignments Refers to Executive
Mar 9, 2009
Senate · Referred to committee
Senate Floor Amendment No. 3 Referred to Assignments
Mar 9, 2009
Senate · Amendment offered
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Jeffrey M. Schoenberg
Mar 4, 2009
Senate · Referred to committee
Senate Floor Amendment No. 2 Referred to Assignments
Mar 4, 2009
Senate · Amendment offered
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Dale A. Righter
Feb 27, 2009
Senate · Reported by committee
Do Pass as Amended Executive; 013-000-000
Feb 26, 2009
Senate · Amendment adopted
Senate Committee Amendment No. 1 Adopted
Feb 25, 2009
Senate · Reported by committee
Senate Committee Amendment No. 1 Assignments Refers to Executive
Feb 24, 2009
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Assignments
Feb 24, 2009
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg
Feb 18, 2009
Senate · Referred to committee
Assigned to Executive
Feb 6, 2009
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jeffrey M. Schoenberg
DDemocratic
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