DEBT LIMIT-MILFORD TWP H.S. House SponsorsRep. Josh Harms Senate Sponsors(Sen. Jason A. Barickman) 8/15/2014HousePublic Act . . . . . . . . . 98-0916 105 ILCS 5/19-1 Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Milford Township High School District 233 may issue bonds with an aggregate principal amount not to exceed $17,500,000 if certain conditions are met, including that (1) the voters of the district approve a proposition for the bond issuance at an election held on or after November 4, 2014 and (2) prior to the issuance of the bonds, the school board determines, by resolution, that the building and equipping of a new school building is required as a result of the age and condition of an existing school building and the issuance of bonds is authorized by a statute that exempts the debt incurred on the bonds from the district's statutory debt limitation. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Requires the bonds to mature within not to exceed 25 years from their date. Effective immediately.House Floor Amendment No. 1 Replaces everything after the enacting clause. Reinserts the provisions of the bill. Provides that in addition to all other authority to issue bonds, the community unit school district created in the territory comprising Milford Community Consolidated School District 280 and Milford Township High School District 233, as approved at the general primary election held on March 18, 2014 (rather than only Milford Township High School District 233), may issue bonds under the conditions of the underlying bill. Effective immediately. 2/6/2014HouseFiled with the Clerk by Rep. Josh Harms 2/7/2014HouseFirst Reading 2/7/2014HouseReferred to Rules Committee 3/3/2014HouseAssigned to Elementary & Secondary Education Committee 3/20/2014HouseDo Pass / Short Debate Elementary & Secondary Education Committee; 012-000-000 3/20/2014HousePlaced on Calendar 2nd Reading - Short Debate 3/24/2014HouseSecond Reading - Short Debate 3/24/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/2/2014HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Josh Harms 4/2/2014HouseHouse Floor Amendment No. 1 Referred to Rules Committee 4/7/2014HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 4/7/2014HouseRecalled to Second Reading - Short Debate 4/7/2014HouseHeld on Calendar Order of Second Reading - Short Debate 4/7/2014HouseHouse Floor Amendment No. 1 Adopted 4/7/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/9/2014HouseThird Reading - Short Debate - Passed 081-033-000 4/9/2014SenateArrive in Senate 4/9/2014SenatePlaced on Calendar Order of First Reading April 10, 2014 4/9/2014SenateChief Senate Sponsor Sen. Jason A. Barickman 4/10/2014SenateFirst Reading 4/10/2014SenateReferred to Assignments 5/7/2014SenateAssigned to Education 5/14/2014SenateDo Pass Education; 011-001-000 5/14/2014SenatePlaced on Calendar Order of 2nd Reading May 15, 2014 5/15/2014SenateSecond Reading 5/15/2014SenatePlaced on Calendar Order of 3rd Reading May 19, 2014 5/21/2014SenateThird Reading - Passed; 056-000-000 5/21/2014HousePassed Both Houses 6/19/2014HouseSent to the Governor 8/15/2014HouseGovernor Approved 8/15/2014HouseEffective Date August 15, 2014 8/15/2014HousePublic Act . . . . . . . . . 98-0916