GO BOND-STATE RESTRUCTURING Senate SponsorsSen. John J. Cullerton-Iris Y. Martinez 1/8/2013SenateSession Sine Die 30 ILCS 105/5.786 new30 ILCS 105/5.787 new30 ILCS 105/6z-85 new30 ILCS 105/6z-86 new30 ILCS 105/6z-87 new30 ILCS 330/2from Ch. 127, par. 65230 ILCS 330/2.530 ILCS 330/7.6 new30 ILCS 330/8from Ch. 127, par. 65830 ILCS 330/9from Ch. 127, par. 65930 ILCS 330/12from Ch. 127, par. 66230 ILCS 330/13from Ch. 127, par. 66330 ILCS 330/14from Ch. 127, par. 66430 ILCS 330/15from Ch. 127, par. 665Amends the State Finance Act. Creates the General Obligation Restructuring Bond Fund and the General Obligation Restructuring Bond Debt Service Fund as special funds in the State treasury. Provides that the Comptroller shall transfer into the General Obligation Restructuring Bond Debt Service Fund certain amounts to service debt due on State General Obligation Restructuring Bonds. Amends the General Obligation Bond Act. Increases the total authorized amount of General Obligation Bonds. Provides that the $8,750,000,000 of Bonds authorized by this amendatory Act shall be used to pay vouchers that are at least 60 days past due, medical expenses incurred by the State under its health plans, corporate income tax refunds, and other operating expenses of the State. Provides that the proceeds of these Bonds shall be deposited in the General Obligation Restructuring Bond Fund. Provides for the conditions for issuance and sale of State General Obligation Restructuring Bonds. Makes other changes. Effective immediately. 1/13/2011SenateFiled with Secretary by Sen. John J. Cullerton 1/13/2011SenateFirst Reading 1/13/2011SenateReferred to Assignments 2/9/2011SenateAssigned to Executive 2/10/2011SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez 3/3/2011SenatePostponed - Executive 3/10/2011SenatePostponed - Executive 3/17/2011SenatePostponed - Executive 3/18/2011SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die