---
type: "Bill"
title: "ED LOAN PURCHASE PROGRAM BONDS"
description: "ED LOAN PURCHASE PROGRAM BONDS"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "90th"
identifier: "HB 940"
citation: "Illinois HB 940 (90th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 32
vote_count: 0
first_action: "1997-02-26T00:00:00-06:00"
last_action: "1997-07-31T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/560b73aa-28d9-4423-9f1d-087e51d86d62"
source_url: "http://www.ilga.gov/legislation/legisnet90/90gatoc.html"
source_hash: "9600967cf5fe54fa7978fb6313220eacff791d729af7d590be98bf1ea0b95bde"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 940 (90th) — ED LOAN PURCHASE PROGRAM BONDS

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB0940** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet90/hbgroups/hb/900HB0940LV.html)

## Sponsors

- FANTIN — cosponsor (person)
- HANNIG — cosponsor (person)
- TENHOUSE — cosponsor (person)
- WATSON — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **1997-02-26T00:00:00-06:00** FIRST READING `reading-1`
- **1997-02-26T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **1997-02-27T00:00:00-06:00** ASSIGNED TO COMMITTEE HIGHER ED `referral-committee`
- **1997-03-04T00:00:00-06:00** STATE DEBT IMPACT NOTE FILED
- **1997-03-04T00:00:00-06:00** COMMITTEE HIGHER ED
- **1997-03-07T00:00:00-06:00** ADDED AS A JOINT SPONSOR TENHOUSE
- **1997-03-07T00:00:00-06:00** ADDED AS A CO-SPONSOR FANTIN
- **1997-03-13T00:00:00-06:00** DO PASS/SHORT DEBATE 014-000-000 HHED
- **1997-03-13T00:00:00-06:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **1997-03-13T00:00:00-06:00** SECOND READING-SHORT DEBATE `reading-2`
- **1997-03-13T00:00:00-06:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1997-03-17T00:00:00-06:00** FISCAL NOTE FILED
- **1997-03-17T00:00:00-06:00** CALENDAR ORDER 3RD READING-SHORT DEBATE
- **1997-03-20T00:00:00-06:00** STATE MANDATES FISCAL NOTE FILED
- **1997-03-20T00:00:00-06:00** CALENDAR ORDER 3RD READING-SHORT DEBATE
- **1997-04-08T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 114-000-000 `reading-3`
- **1997-04-09T00:00:00-05:00** ARRIVE IN SENATE
- **1997-04-09T00:00:00-05:00** PLACED CALENDAR ORDER OF FIRST READING 97-04-10
- **1997-04-10T00:00:00-05:00** CHIEF SPONSOR WATSON
- **1997-04-11T00:00:00-05:00** FIRST READING `reading-1`
- **1997-04-11T00:00:00-05:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **1997-04-29T00:00:00-05:00** ASSIGNED TO COMMITTEE EDUCATION `referral-committee`
- **1997-05-09T00:00:00-05:00** DO PASS 009-000-000 SESE
- **1997-05-09T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 2ND READING 97-05-12
- **1997-05-13T00:00:00-05:00** SECOND READING `reading-2`
- **1997-05-13T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 3RD READING 97-05-14
- **1997-05-16T00:00:00-05:00** THIRD READING - PASSED 056-000-000 `reading-3`
- **1997-05-16T00:00:00-05:00** PASSED BOTH HOUSES
- **1997-06-13T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **1997-07-31T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **1997-07-31T00:00:00-05:00** EFFECTIVE DATE 97-07-31
- **1997-07-31T00:00:00-05:00** PUBLIC ACT.............................. 90-0281

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/560b73aa-28d9-4423-9f1d-087e51d86d62`. Confidence: reported (aggregated from official Illinois legislature records).