SHORT TERM BORROWING House SponsorsRep. Marlow H. Colvin 1/11/2011HouseSession Sine Die 30 ILCS 340/1.2 new30 ILCS 340/2from Ch. 120, par. 40730 ILCS 340/3from Ch. 120, par. 408 Amends the Short Term Borrowing Act. Authorizes the Governor, Comptroller, and Treasurer to borrow principal amounts not to exceed a total of $1,500,000,000, at any time and from time to time outstanding, to be applied to the purposes of paying hospital access improvement payments under the Public Aid Code and in order to obtain all funds available to the State under federal economic stimulus and recovery programs, together with paying debts and associated expenses incurred in connection with the borrowing. Provides that all moneys so borrowed shall be borrowed for a period not to exceed one year. Effective immediately. 2/10/2009HouseFiled with the Clerk by Rep. Marlow H. Colvin 2/10/2009HouseFirst Reading 2/10/2009HouseReferred to Rules Committee 2/18/2009HouseAssigned to Executive Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die