IllinoisHB1323104th General Assembly (2025–2026)House

BOND AUTH-NO ROLLOVER

Sponsored By: Daniel J. Ugaste (Republican)

In Committee

Summary

Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Daniel J. Ugaste

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  2. To Tax Policy: Finance Subcommittee

    2/26/2026House
  3. Assigned to Revenue & Finance Committee

    2/24/2026House
  4. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  5. To Tax Policy: Finance Subcommittee

    2/25/2025House
  6. Assigned to Revenue & Finance Committee

    2/11/2025House
  7. Referred to Rules Committee

    1/28/2025House
  8. First Reading

    1/28/2025House
  9. Filed with the Clerk by Rep. Daniel J. Ugaste

    1/14/2025House

Bill Text

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