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Neutral Bill Mar 16, 2026

BOND AUTH-NO ROLLOVER

Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.

https://legiscan.com/IL/bill/HB1323/2025
Bill data from LegiScan, used under CC BY 4.0.
Dan Ugaste State Representative
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