Fabio
109 lines
6.0 KiB
Markdown
109 lines
6.0 KiB
Markdown
---
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type: "Bill"
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title: "FINANCE AUTHORITY-BOND LIMITS"
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description: "Amends the Illinois Finance Authority Act. Increases the limit on the aggregate principal amount of bonds that may be outstanding at any one time from $25,200,000,000 to $30,000,000,000. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "95th"
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identifier: "SB 1327"
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citation: "Illinois SB 1327 (95th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 48
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vote_count: 3
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first_action: "2007-02-09"
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last_action: "2007-11-06"
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source: "openstates"
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source_identifier: "ocd-bill/e766ca8a-441b-42c2-8ed8-fc00e9903587"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1327&GAID=9&DocTypeID=SB&LegId=29409&SessionID=51&GA=95"
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source_hash: "ec2a3a58b5094511fbc7a8762ee0834e26d4a8d8b74380dae89792c1b2ef5c5e"
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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 1327 (95th) — FINANCE AUTHORITY-BOND LIMITS
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Amends the Illinois Finance Authority Act. Increases the limit on the aggregate principal amount of bonds that may be outstanding at any one time from $25,200,000,000 to $30,000,000,000. 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](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1327&GA=95&SessionId=51&DocTypeId=SB&LegID=29409&DocNum=1327&GAID=9&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1327eng&GA=95&SessionId=51&DocTypeId=SB&LegID=29409&DocNum=1327&GAID=9&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1327enr&GA=95&SessionId=51&DocTypeId=SB&LegID=29409&DocNum=1327&GAID=9&Session=&print=true)
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## Votes
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- Concurrence — **36–21** (pass) · upper
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- Third Reading — **80–36** (pass) · lower
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- Third Reading — **38–14** (pass) · upper
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## Sponsors
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- Jeffrey M. Schoenberg — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2007-02-09** Filed with Secretary by Sen. Jeffrey M. Schoenberg `filing`
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- **2007-02-09** First Reading `reading-1`
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- **2007-02-09** Referred to Rules `referral-committee`
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- **2007-03-07** Assigned to Executive `referral-committee`
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- **2007-03-08** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg `amendment-introduction`
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- **2007-03-08** Senate Committee Amendment No. 1 Referred to Rules `referral-committee`
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- **2007-03-14** Senate Committee Amendment No. 1 Rules Refers to Executive
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- **2007-03-14** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2007-03-15** Do Pass as Amended Executive; 012-000-000 `committee-passage`
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- **2007-03-15** Placed on Calendar Order of 2nd Reading March 20, 2007
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- **2007-03-20** Fiscal Note Requested by Sen. Dale A. Righter
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- **2007-03-21** Fiscal Note Filed as amended by Senate Amendment No. 1, from the Illinois Finance Authority.
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- **2007-03-29** Second Reading `reading-2`
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- **2007-03-29** Placed on Calendar Order of 3rd Reading March 30, 2007
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- **2007-03-30** Rule 2-10 Third Reading Deadline Established As May 31, 2007 `reading-3`
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- **2007-04-19** Third Reading - Passed; 038-014-000 `reading-3, passage`
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- **2007-04-20** Arrived in House `introduction`
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- **2007-04-20** Placed on Calendar Order of First Reading `reading-1`
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- **2007-04-20** Chief House Sponsor Rep. Gary Hannig
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- **2007-04-20** First Reading `reading-1`
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- **2007-04-20** Referred to Rules Committee `referral-committee`
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- **2007-04-30** Assigned to Executive Committee `referral-committee`
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- **2007-05-18** Committee Deadline Extended-Rule 9(b) May 25, 2007
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- **2007-05-25** Final Action Deadline Extended-9(b) May 31, 2007
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- **2007-05-30** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
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- **2007-05-30** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
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- **2007-05-30** Do Pass as Amended / Short Debate Executive Committee; 013-000-000 `committee-passage`
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- **2007-05-30** Placed on Calendar 2nd Reading - Short Debate
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- **2007-05-30** Second Reading - Short Debate `reading-2`
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- **2007-05-30** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2007-05-31** Third Reading - Short Debate - Passed 080-036-000 `reading-3, passage`
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- **2007-05-31** Added Alternate Chief Co-Sponsor Rep. Carolyn H. Krause
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- **2007-05-31** Added Alternate Chief Co-Sponsor Rep. Jim Watson
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- **2007-05-31** Added Alternate Chief Co-Sponsor Rep. Jim Sacia
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- **2007-05-31** Secretary's Desk - Concurrence House Amendment(s) 01
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- **2007-05-31** Placed on Calendar Order of Concurrence House Amendment(s) 01 - June 1, 2007
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- **2007-05-31** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jeffrey M. Schoenberg `filing`
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- **2007-05-31** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
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- **2007-06-05** House Committee Amendment No. 1 Motion to Concur Rules Referred to Executive `referral-committee`
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- **2007-06-06** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 007-003-000
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- **2007-08-09** House Committee Amendment No. 1 3/5 Vote Required
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- **2007-08-09** Verified
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- **2007-08-09** House Committee Amendment No. 1 Senate Concurs 036-021-001
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- **2007-08-09** Passed Both Houses
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- **2007-09-07** Sent to the Governor `executive-receipt`
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- **2007-11-06** Governor Approved `executive-signature`
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- **2007-11-06** Effective Date November 6, 2007
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- **2007-11-06** Public Act . . . . . . . . . 95-0697 `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/e766ca8a-441b-42c2-8ed8-fc00e9903587`. Confidence: reported (aggregated from official Illinois legislature records).
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