Fabio
113 lines
7.6 KiB
Markdown
113 lines
7.6 KiB
Markdown
---
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type: "Bill"
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title: "SCH CD-DEBT LIMIT EXCEPTION"
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description: "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, Union Ridge School District 86 may issue bonds with an aggregate principal amount not to exceed $35,000,000 if specified conditions are met, including (i) that the voters of the school district approve a proposition for the bond issuance at an election held on or after March 19, 2024 and (ii) that, prior to the issuance of the bonds, the school board determines, by resolution, that the projects set forth in the proposition for the bond issuance were and are required because of the age and condition of the district's existing school buildings. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "103rd"
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identifier: "SB 3348"
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citation: "Illinois SB 3348 (103rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Dave Severin", "Robert F. Martwick"]
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version_count: 4
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action_count: 45
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vote_count: 7
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first_action: "2024-02-07"
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last_action: "2024-08-09"
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source: "openstates"
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source_identifier: "ocd-bill/70f85bcf-2109-46d0-9225-9780d57eb10b"
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source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=3348&GAID=17&DocTypeID=SB&LegId=152816&SessionID=112"
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source_hash: "0b09e2b57e190acb3f626c4f328d66247d00e234763a97e913024e29cfb14890"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois SB 3348 (103rd) — SCH CD-DEBT LIMIT EXCEPTION
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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, Union Ridge School District 86 may issue bonds with an aggregate principal amount not to exceed $35,000,000 if specified conditions are met, including (i) that the voters of the school district approve a proposition for the bond issuance at an election held on or after March 19, 2024 and (ii) that, prior to the issuance of the bonds, the school board determines, by resolution, that the projects set forth in the proposition for the bond issuance were and are required because of the age and condition of the district's existing school buildings. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3348.pdf)
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2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3348eng.pdf)
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3. **House Amendment 001** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3348ham001.pdf)
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4. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3348enr.pdf)
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## Votes
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- Third Reading — **108–0** (pass) · lower
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- Elem Sec Ed: Adm., Lic. & Charter, Amendment 1 — **7–0** (pass) · lower
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- Education, Amendment 1 — **12–0** (pass) · lower
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- Concurrence, Amendment 1 — **58–0** (pass) · lower
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- Elem Sec Ed: Adm., Lic. & Charter — **8–0** (pass) · lower
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- Education — **10–0** (pass) · lower
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- Third Reading — **58–0** (pass) · lower
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## Sponsors
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- Dave Severin — primary (person)
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- Robert F. Martwick — primary (person)
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- Lindsey LaPointe — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-02-07** Filed with Secretary by Sen. Robert F. Martwick `filing`
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- **2024-02-07** First Reading `reading-1`
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- **2024-02-07** Referred to Assignments
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- **2024-02-20** Assigned to Education `referral-committee`
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- **2024-03-06** Do Pass Education; 010-000-000
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- **2024-03-06** Placed on Calendar Order of 2nd Reading March 7, 2024 `reading-2`
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- **2024-03-14** Second Reading `reading-2`
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- **2024-03-14** Placed on Calendar Order of 3rd Reading March 20, 2024
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- **2024-04-10** Placed on Calendar Order of 3rd Reading **
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- **2024-04-12** Third Reading - Passed; 058-000-000 `passage, reading-3`
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- **2024-04-12** Arrived in House `introduction`
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- **2024-04-15** Chief House Sponsor Rep. Lindsey LaPointe
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- **2024-04-15** First Reading `reading-1`
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- **2024-04-15** Referred to Rules Committee
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- **2024-04-15** Alternate Chief Sponsor Changed to Rep. Dave Severin
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- **2024-04-24** Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools `referral-committee`
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- **2024-05-01** Do Pass / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 008-000-000
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- **2024-05-02** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2024-05-02** House Floor Amendment No. 1 Filed with Clerk by Rep. Lindsey LaPointe `amendment-introduction`
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- **2024-05-02** House Floor Amendment No. 1 Referred to Rules Committee
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- **2024-05-06** House Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools
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- **2024-05-07** Added Alternate Chief Co-Sponsor Rep. Dave Severin
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- **2024-05-07** Alternate Chief Co-Sponsor Removed Rep. Dave Severin
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- **2024-05-08** House Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education: Administration, Licensing & Charter Schools; 007-000-000 `committee-passage-favorable`
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- **2024-05-09** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2024-05-14** Added Alternate Chief Co-Sponsor Rep. Lindsey LaPointe
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- **2024-05-16** Second Reading - Short Debate `reading-2`
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- **2024-05-16** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2024-05-17** Third Reading/Final Action Deadline Extended-9(b) May 24, 2024
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- **2024-05-21** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2024-05-21** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2024-05-21** Third Reading - Short Debate - Passed 108-000-000 `passage, reading-3`
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- **2024-05-21** Secretary's Desk - Concurrence House Amendment(s) 1
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- **2024-05-21** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 21, 2024
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- **2024-05-23** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Robert F. Martwick `filing`
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- **2024-05-23** House Floor Amendment No. 1 Motion to Concur Referred to Assignments
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- **2024-05-23** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Education
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- **2024-05-23** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 012-000-000
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- **2024-05-24** House Floor Amendment No. 1 Senate Concurs 058-000-000
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- **2024-05-24** Senate Concurs
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- **2024-05-24** Passed Both Houses
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- **2024-06-21** Sent to the Governor `executive-receipt`
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- **2024-08-09** Governor Approved `executive-signature`
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- **2024-08-09** Effective Date August 9, 2024
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- **2024-08-09** Public Act . . . . . . . . . 103-0978 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/70f85bcf-2109-46d0-9225-9780d57eb10b`. Confidence: reported (aggregated from official Illinois legislature records).
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