LOCAL GOVERNMENT-TECH House SponsorsRep. Thomas Holbrook-Dan Reitz-Daniel V. Beiser-Wyvetter H. Younge-Jay C. Hoffman and Harry Osterman Senate Sponsors(Sen. William R. Haine) 8/12/2005HousePublic Act . . . . . . . . . 94-0562 70 ILCS 5/2a.1from Ch. 15 1/2, par. 68.2a1 Amends the Airport Authorities Act. Makes a technical change in a Section concerning the petition to set forth a tax rate.House Amendment No. 1 Deletes reference to:70 ILCS 5/2a.1Adds reference to:70 ILCS 1830/20.270 ILCS 1860/7.5 newDeletes everything after the enacting clause. Amends the Kaskaskia Regional Port District Act. Provides that the District board is authorized to borrow moneys from a bank or financial institution if the money is repaid within 3 years (now, one year). Amends the Tri-City Regional Port District Act. Adds a Section that authorizes the District board to borrow moneys from a bank or other financial institution if the money is repaid within 3 years. Provides a definition of "financial institution".Senate Floor Amendment No. 2 (Senate recedes May 27, 2005) Adds reference to:30 ILCS 235/2from Ch. 85, par. 90230 ILCS 350/3from Ch. 17, par. 690330 ILCS 350/9from Ch. 17, par. 690930 ILCS 350/11from Ch. 17, par. 691130 ILCS 350/16.530 ILCS 350/17from Ch. 17, par. 691730 ILCS 350/17.5Deletes everything after the enacting clause. Reinserts the provisions of the bill as engrossed with the following changes: Amends the Public Funds Investment Act. Allows investment in (i) short term obligations of certain corporations if the purchases do not exceed 10% of the corporation's outstanding obligations "at the time of the purchase of the obligations" and (ii) certain money market mutual funds if the portfolio of the fund is limited to certain mutual bonds. Allows investment in any obligations of the Federal National Mortgage Association or certain savings and loan associations (now, only short term discount obligations). Amends the Local Government Debt Reform Act. In a Section concerning definitions, provides that public corporations are included within the definition of "governmental unit", and deletes provisions that a bureau, board, commission, university, or similar agency of the State is a "governmental unit". Provides that the proceeds of bonds may be used to provide for the payment of interest upon such bonds for a period not to exceed the greater of 3 years (now, 2 years) or a period ending 6 months after the estimated date of completion of the acquisition and construction of the project or accomplishment of the purpose for which such bonds are issued. Provides that a refunding bond issue may authorize the use of the proceeds to pay interest on the refunding bond issue during the period of time from delivery of the issue to the redemption date of the bonds being refunded. Provides that bonds that have been wholly refunded or provided for with qualifying securities shall not be included as debt for the purposes of any calculation or limitation. In a Section concerning referenda for bonds, provides that no action may be brought by any person in any court or other tribunal seeking in any way to challenge or contest the validity of an election outcome based upon the wording set forth in any election notice or the ballot after a period of 30 days after the canvass of such election. In a Section concerning lease and installment contracts, provides that certificates evidencing the indebtedness incurred under a lease or agreement may be refunded under certain provisions of the Act. In a Section concerning bond authorization by referendum, provides that bond approval subject to a backdoor referendum expires after 5 years (now, 3 years). Effective immediately. 2/14/2005HouseFiled with the Clerk by Rep. Michael J. Madigan 2/14/2005HouseChief Co-Sponsor Rep. Barbara Flynn Currie 2/14/2005HouseChief Co-Sponsor Rep. Harry Osterman 2/16/2005HouseFirst Reading 2/16/2005HouseReferred to Rules Committee 2/17/2005HouseAssigned to Executive Committee 3/9/2005HouseDo Pass / Short Debate Executive Committee; 013-000-000 3/10/2005HousePlaced on Calendar 2nd Reading - Short Debate 4/7/2005HouseSecond Reading - Short Debate 4/7/2005HouseHeld on Calendar Order of Second Reading - Short Debate 4/12/2005HouseChief Sponsor Changed to Rep. Thomas Holbrook 4/12/2005HouseHouse Amendment No. 1 Filed with Clerk by Rep. Thomas Holbrook 4/12/2005HouseHouse Amendment No. 1 Referred to Rules Committee 4/13/2005HouseHouse Amendment No. 1 Rules Refers to Local Government Committee 4/13/2005HouseChief Co-Sponsor Rep. Dan Reitz 4/13/2005HouseChief Co-Sponsor Rep. Daniel V. Beiser 4/13/2005HouseCo-Sponsor Rep. Jay C. Hoffman 4/13/2005HouseCo-Sponsor Rep. Wyvetter H. Younge 4/14/2005HouseHouse Amendment No. 1 Recommends Be Adopted Local Government Committee; 011-000-000 4/14/2005HouseRemove Chief Co-Sponsor Rep. Barbara Flynn Currie 4/14/2005HouseRemove Chief Co-Sponsor Rep. Harry Osterman 4/14/2005HouseAdded Co-Sponsor Rep. Barbara Flynn Currie 4/14/2005HouseAdded Co-Sponsor Rep. Harry Osterman 4/14/2005HouseRemoved Co-Sponsor Rep. Barbara Flynn Currie 4/14/2005HouseHouse Amendment No. 1 Adopted by Voice Vote 4/14/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/15/2005HouseThird Reading - Short Debate - Passed 116-000-000 4/15/2005HouseAdded Chief Co-Sponsor Rep. Wyvetter H. Younge 4/15/2005HouseAdded Chief Co-Sponsor Rep. Jay C. Hoffman 4/15/2005SenateArrive in Senate 4/15/2005SenatePlaced on Calendar Order of First Reading April 19, 2005 4/18/2005SenateChief Senate Sponsor Sen. William R. Haine 4/19/2005SenateFirst Reading 4/19/2005SenateReferred to Rules 4/21/2005SenateAssigned to Local Government 5/3/2005SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine 5/3/2005SenateSenate Committee Amendment No. 1 Referred to Rules 5/4/2005SenateDo Pass Local Government; 009-000-000 5/4/2005SenatePlaced on Calendar Order of 2nd Reading May 5, 2005 5/9/2005SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. William R. Haine 5/9/2005SenateSenate Floor Amendment No. 2 Referred to Rules 5/10/2005SenateSecond Reading 5/10/2005SenatePlaced on Calendar Order of 3rd Reading May 11, 2005 5/16/2005SenateSenate Floor Amendment No. 2 Rules Refers to Local Government 5/18/2005SenateSenate Floor Amendment No. 2 Recommend Do Adopt Local Government; 008-000-000 5/18/2005SenateRecalled to Second Reading 5/18/2005SenateSenate Floor Amendment No. 2 Adopted; Haine 5/18/2005SenatePlaced on Calendar Order of 3rd Reading May 19, 2005 5/19/2005SenateThird Reading - Passed; 055-000-001 5/19/2005SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) 5/20/2005HouseArrived in House 5/20/2005HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 2 5/23/2005HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Thomas Holbrook; Motion #1 5/23/2005HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee 5/24/2005HouseSenate Floor Amendment No. 2 Motion Filed Non-Concur Rep. Thomas Holbrook; Motion #2 5/26/2005HouseSenate Floor Amendment No. 2 House Non-Concurs 5/26/2005SenateSecretary's Desk - Non-Concurrence Senate Amendment(s) 02 5/26/2005SenatePlaced on Calendar Order of Non-Concurrence Senate Amendment(s) 02-May 27, 2005. 5/26/2005SenateSenate Floor Amendment No. 2 Motion to Recede Filed with Secretary Sen. William R. Haine 5/26/2005SenateSenate Floor Amendment No. 2 Motion to Recede Referred to Rules 5/27/2005SenateSenate Floor Amendment No. 2 Motion to Recede Rules Referred to Local Government 5/27/2005SenateSenate Floor Amendment No. 2 Motion To Recede Recommended Do Adopt Local Government; 008-000-000 5/27/2005SenateSenate Floor Amendment No. 2 Senate Recedes 057-000-001 5/27/2005HousePassed Both Houses 6/24/2005HouseSent to the Governor 8/12/2005HouseGovernor Approved 8/12/2005HouseEffective Date January 1, 2006 8/12/2005HousePublic Act . . . . . . . . . 94-0562