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---
type: "Bill"
title: "IHDA-OUTSTANDING BONDS"
description: "Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall not have outstanding at any one time bonds and notes for any of its corporate purposes in an aggregate principal amount exceeding $7,200,000,000 (rather than $3,600,000,000), excluding bonds and notes issued to refund outstanding bonds and notes. Provides that of the authorized aggregate principal amount of $7,200,000,000 (rather than $3,600,000,000), the amount of $150,000,000 shall be used for the specified purposes."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "102nd"
identifier: "SB 2065"
citation: "Illinois SB 2065 (102nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jay Hoffman", "Linda Holmes"]
version_count: 6
action_count: 52
vote_count: 3
first_action: "2021-02-26"
last_action: "2021-10-08"
source: "openstates"
source_identifier: "ocd-bill/465bf2f6-55fa-4196-9978-0d5d6ba5416e"
source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=2065&GAID=16&DocTypeID=SB&LegId=134715&SessionID=110&GA=102"
source_hash: "577bfdfb3bc21f3836ac5e24f7ad0979a4be9732fa3d03eb85638765505f46c5"
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 SB 2065 (102nd) — IHDA-OUTSTANDING BONDS
Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall not have outstanding at any one time bonds and notes for any of its corporate purposes in an aggregate principal amount exceeding $7,200,000,000 (rather than $3,600,000,000), excluding bonds and notes issued to refund outstanding bonds and notes. Provides that of the authorized aggregate principal amount of $7,200,000,000 (rather than $3,600,000,000), the amount of $150,000,000 shall be used for the specified purposes.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065.pdf)
2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065ham001.pdf)
4. **House Amendment 002** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065ham002.pdf)
5. **House Amendment 003** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065ham003.pdf)
6. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB2065enr.pdf)
## Votes
- Third Reading — **1090** (pass) · lower
- Concurrence, Amendment 3 — **570** (pass) · upper
- Third Reading — **551** (pass) · upper
## Sponsors
- Jay Hoffman — primary (person)
- Linda Holmes — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-02-26** Filed with Secretary by Sen. Cristina Castro `filing`
- **2021-02-26** First Reading `reading-1`
- **2021-02-26** Referred to Assignments `referral-committee`
- **2021-04-07** Assigned to State Government `referral-committee`
- **2021-04-15** Do Pass State Government; 009-000-000 `committee-passage`
- **2021-04-15** Placed on Calendar Order of 2nd Reading April 20, 2021
- **2021-04-20** Second Reading `reading-2`
- **2021-04-20** Placed on Calendar Order of 3rd Reading April 21, 2021
- **2021-04-21** Third Reading - Passed; 055-001-000 `passage, reading-3`
- **2021-04-22** Arrived in House `introduction`
- **2021-04-22** Chief House Sponsor Rep. Delia C. Ramirez
- **2021-04-23** First Reading `reading-1`
- **2021-04-23** Referred to Rules Committee `referral-committee`
- **2021-04-28** Assigned to Revenue & Finance Committee `referral-committee`
- **2021-05-13** Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 `committee-passage`
- **2021-05-13** Placed on Calendar 2nd Reading - Short Debate
- **2021-05-20** House Floor Amendment No. 1 Filed with Clerk by Rep. Delia C. Ramirez `amendment-introduction`
- **2021-05-20** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2021-05-21** House Floor Amendment No. 2 Filed with Clerk by Rep. Delia C. Ramirez `amendment-introduction`
- **2021-05-21** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2021-05-24** House Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee
- **2021-05-24** House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
- **2021-05-26** Second Reading - Short Debate `reading-2`
- **2021-05-26** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2021-05-28** Final Action Deadline Extended-9(b) May 31, 2021
- **2021-06-02** House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee `referral-committee`
- **2021-06-02** House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee `referral-committee`
- **2021-06-02** Rule 19(a) / Re-referred to Rules Committee `referral-committee`
- **2021-08-31** Chief Sponsor Changed to Sen. Linda Holmes
- **2021-08-31** Approved for Consideration Rules Committee; 003-001-000
- **2021-08-31** Placed on Calendar 2nd Reading - Short Debate
- **2021-08-31** House Floor Amendment No. 3 Filed with Clerk by Rep. Jay Hoffman `amendment-introduction`
- **2021-08-31** House Floor Amendment No. 3 Referred to Rules Committee `referral-committee`
- **2021-08-31** House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-001-000 `committee-passage-favorable`
- **2021-08-31** Alternate Chief Sponsor Changed to Rep. Jay Hoffman
- **2021-08-31** House Floor Amendment No. 3 Adopted `amendment-passage`
- **2021-08-31** Placed on Calendar Order of 3rd Reading - Short Debate
- **2021-08-31** Third Reading - Short Debate - Passed 109-000-000 `passage, reading-3`
- **2021-08-31** House Floor Amendment No. 1 Tabled Pursuant to Rule 40 `amendment-failure`
- **2021-08-31** House Floor Amendment No. 2 Tabled Pursuant to Rule 40 `amendment-failure`
- **2021-08-31** Secretary's Desk - Concurrence House Amendment(s) 3
- **2021-08-31** House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Linda Holmes `filing`
- **2021-08-31** House Floor Amendment No. 3 Motion to Concur Referred to Assignments `referral-committee`
- **2021-08-31** House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments
- **2021-08-31** House Floor Amendment No. 3 3/5 Vote Required
- **2021-08-31** House Floor Amendment No. 3 Senate Concurs 057-000-000
- **2021-08-31** Senate Concurs
- **2021-08-31** Passed Both Houses
- **2021-09-15** Sent to the Governor `executive-receipt`
- **2021-10-08** Governor Approved `executive-signature`
- **2021-10-08** Effective Date October 8, 2021
- **2021-10-08** Public Act . . . . . . . . . 102-0666 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/465bf2f6-55fa-4196-9978-0d5d6ba5416e`. Confidence: reported (aggregated from official Illinois legislature records).