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SB 3183 Illinois Senate · 97th Regular Session

COUNTIES CD-BORROWING MONEY

Summary
Amends the Counties Code. Provides that the county board of a county may borrow money for county purposes from one fund for the use of another fund, as long as it is repaid within the current fiscal year. Provides that the county board of a county may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years from the time the money is borrowed. Sets forth requirements concerning the documentation of the loan. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the county, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2012
Committee Review
Dec 2012
Senate Passage
Mar 2012
House Passage
Governor
Introduced Mar 28, 2012 Last action Jan 8, 2013
Floor votes · Senate Mar 28, 2012

How they voted

48–0
Passed · 7 other
Total votes 55
Mar 28, 2012
D Democratic32
27 Yea 5
84% Yea
R Republican23
21 Yea 2
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
44
Key actions
6
Committee
11
Amendments
14
Dec 21, 2012
Lower · Passed
House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
lower
Dec 3, 2012
Committee
House Committee Amendment No. 2 Referred to Rules Committee
lower
Dec 3, 2012
Introduced
House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan
lower
Nov 21, 2012
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Nov 21, 2012
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan
lower
Nov 9, 2012
Committee
Assigned to Revenue & Finance Committee
lower
Mar 28, 2012
Committee
Referred to Rules Committee
lower
Mar 28, 2012
Introduced
Arrived in House
lower
Mar 28, 2012
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Syverson
upper
Mar 28, 2012
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Local Government; 007-000-000
upper
Mar 28, 2012
Senate · Passed
Senate Vote: pass (48-0-7)
senate
Mar 27, 2012
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Syverson
upper
Mar 27, 2012
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Syverson
upper
Mar 27, 2012
Introduced
Senate Floor Amendment No. 3 Assignments Refers to Local Government
upper
Mar 27, 2012
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Local Government; 006-000-000
upper
Mar 27, 2012
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Local Government; 006-000-000
upper
Mar 26, 2012
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
Mar 26, 2012
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Dave Syverson
upper
Mar 6, 2012
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Local Government
upper
Mar 6, 2012
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Local Government
upper
Mar 1, 2012
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Mar 1, 2012
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Dave Syverson
upper
Mar 1, 2012
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Mar 1, 2012
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Dave Syverson
upper
Feb 29, 2012
Upper · Passed
Do Pass Local Government; 006-000-000
upper
Feb 22, 2012
Committee
Assigned to Local Government
upper
Feb 1, 2012
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.