<?xml version="1.0"?>
<bill>
  <canonical_name>GA96SB260</canonical_name>
  <ga>96</ga>
  <type>SB</type>
  <number>260</number>
  <short_description>FINANCE AUTHORITY-BONDS</short_description>
  <synopsis_as_introduced>Amends the Illinois Finance Authority Act. Provides that the Authority is authorized to issue bonds or notes in an amount not to exceed $450,000 (now, $250,000). Provides that in any calendar year after 2007, the $450,000 amount shall be increased by an amount equal to such dollar amount multiplied by the inflation percentage determined under Section 305(c) of the federal Consolidated Farm and Rural Development Act (7 U.S.C. 1925) as of June 18, 2008. Provides that any increase must be rounded to the nearest multiple of $100. Effective immediately.</synopsis_as_introduced>
  <ilga_url>http://www.ilga.gov/legislation/BillStatus.asp?DocNum=260&amp;GAID=10&amp;DocTypeID=SB&amp;LegId=40939&amp;SessionID=76&amp;GA=96</ilga_url>
  <actions>
    <action>
      <action_date>2009-08-14 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Public Act . . . . . . . . . 96-0531</description>
      <is_major_action>1</is_major_action>
      <order_number>35</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-08-14 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Effective Date August 14, 2009</description>
      <is_major_action>0</is_major_action>
      <order_number>34</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-18 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Added as Co-Sponsor Sen. Gary Forby</description>
      <is_major_action>0</is_major_action>
      <order_number>4</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-20 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Do Pass State Government and Veterans Affairs;  008-000-000</description>
      <is_major_action>0</is_major_action>
      <order_number>5</order_number>
      <committee_canonical_name>SGOA</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-20 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Placed on Calendar Order of 2nd Reading February 25, 2009</description>
      <is_major_action>0</is_major_action>
      <order_number>6</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-20 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Added as Chief Co-Sponsor Sen. John O. Jones</description>
      <is_major_action>0</is_major_action>
      <order_number>7</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-27 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Second Reading</description>
      <is_major_action>1</is_major_action>
      <order_number>8</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-27 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Placed on Calendar Order of 3rd Reading March 4, 2009</description>
      <is_major_action>0</is_major_action>
      <order_number>9</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-01 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Placed on Calendar Order of 3rd Reading ** April 2, 2009</description>
      <is_major_action>0</is_major_action>
      <order_number>10</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-02 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Third Reading - Passed; 058-000-001</description>
      <is_major_action>1</is_major_action>
      <order_number>11</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-03 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Arrived in House</description>
      <is_major_action>0</is_major_action>
      <order_number>12</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-03 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Placed on Calendar Order of First Reading</description>
      <is_major_action>0</is_major_action>
      <order_number>13</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-03 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Chief House Sponsor Rep. William B. Black</description>
      <is_major_action>0</is_major_action>
      <order_number>14</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-06 00:00:00</action_date>
      <chamber>House</chamber>
      <description>First Reading</description>
      <is_major_action>1</is_major_action>
      <order_number>15</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-08-14 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Governor Approved</description>
      <is_major_action>0</is_major_action>
      <order_number>33</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-06-17 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Sent to the Governor</description>
      <is_major_action>0</is_major_action>
      <order_number>32</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Co-Sponsor Rep. Linda Chapa LaVia</description>
      <is_major_action>0</is_major_action>
      <order_number>31</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Co-Sponsor Rep. Jack D. Franks</description>
      <is_major_action>0</is_major_action>
      <order_number>29</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Co-Sponsor Rep. Keith Farnham</description>
      <is_major_action>0</is_major_action>
      <order_number>30</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Co-Sponsor Rep. Shane Cultra</description>
      <is_major_action>0</is_major_action>
      <order_number>28</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Chief Co-Sponsor Rep. Jim Sacia</description>
      <is_major_action>0</is_major_action>
      <order_number>27</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Chief Co-Sponsor Rep. Donald L. Moffitt</description>
      <is_major_action>0</is_major_action>
      <order_number>26</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Chief Co-Sponsor Rep. Jay C. Hoffman</description>
      <is_major_action>0</is_major_action>
      <order_number>25</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Passed Both Houses</description>
      <is_major_action>0</is_major_action>
      <order_number>24</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-12 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Placed on Calendar Order of 3rd Reading - Short Debate</description>
      <is_major_action>0</is_major_action>
      <order_number>22</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-19 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Third Reading - Short Debate - Passed 116-000-000</description>
      <is_major_action>1</is_major_action>
      <order_number>23</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-12 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Second Reading - Short Debate</description>
      <is_major_action>1</is_major_action>
      <order_number>21</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-06 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Do Pass / Short Debate Executive Committee;  011-000-000</description>
      <is_major_action>0</is_major_action>
      <order_number>18</order_number>
      <committee_canonical_name>HEXC</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-06 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Placed on Calendar 2nd Reading - Short Debate</description>
      <is_major_action>0</is_major_action>
      <order_number>19</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-05-06 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Alternate Co-Sponsor Rep. Joseph M. Lyons</description>
      <is_major_action>0</is_major_action>
      <order_number>20</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-20 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Assigned to Executive Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>17</order_number>
      <committee_canonical_name>HEXC</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-04 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Referred to Assignments</description>
      <is_major_action>0</is_major_action>
      <order_number>2</order_number>
      <committee_canonical_name>SCOA</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-04-06 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Referred to Rules Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>16</order_number>
      <committee_canonical_name>HRUL</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-10 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Assigned to State Government and Veterans Affairs</description>
      <is_major_action>0</is_major_action>
      <order_number>3</order_number>
      <committee_canonical_name>SGOA</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-04 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>Filed with Secretary by Sen. Michael W. Frerichs</description>
      <is_major_action>0</is_major_action>
      <order_number>0</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-04 00:00:00</action_date>
      <chamber>Senate</chamber>
      <description>First Reading</description>
      <is_major_action>1</is_major_action>
      <order_number>1</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
  </actions>
  <sponsors>
    <sponsor>
      <member_canonical_name>LindaChapaLaVia</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>KeithFarnham</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JackDFranks</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JosephMLyons</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>DonaldLMoffitt</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JimSacia</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JayCHoffman</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>WilliamBBlack</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JohnOJones</member_canonical_name>
      <chamber>Senate</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>MichaelWFrerichs</member_canonical_name>
      <chamber>Senate</chamber>
      <type>Chief Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>ShaneCultra</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
  </sponsors>
</bill>

