# Illinois HB1323: BOND AUTH-NO ROLLOVER

Illinois HB1323, BOND AUTH-NO ROLLOVER, is a 104th General Assembly (2025–2026) House bill sponsored by Daniel J. Ugaste (Republican); status in committee, last action 2026-03-27 (Rule 19(a) / Re-referred to Rules Committee) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB1323-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB1323
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: BOND AUTH-NO ROLLOVER
- Status: in committee
- Chamber: House
- Introduced: 2025-01-14
- Last action: 2026-03-27, Rule 19(a) / Re-referred to Rules Committee
- Sponsor: Daniel J. Ugaste (Republican)
- Cosponsors: 0
- Subjects: revenue & finance
- Touches household money: no
- Economic provisions PRIA read: 0

## 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Daniel J. Ugaste (Republican), House

## Actions (9)

- 2026-03-27: Rule 19(a) / Re-referred to Rules Committee (House)
- 2026-02-26: To Tax Policy: Finance Subcommittee (House)
- 2026-02-24: Assigned to Revenue & Finance Committee (House)
- 2025-03-21: Rule 19(a) / Re-referred to Rules Committee (House)
- 2025-02-25: To Tax Policy: Finance Subcommittee (House)
- 2025-02-11: Assigned to Revenue & Finance Committee (House)
- 2025-01-28: Referred to Rules Committee (House)
- 2025-01-28: First Reading (House)
- 2025-01-14: Filed with the Clerk by Rep. Daniel J. Ugaste (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB1323.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB1323.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB1323-2025-2026 (as of 2026-11-01).