5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
107 lines
5.7 KiB
Markdown
107 lines
5.7 KiB
Markdown
---
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type: "Bill"
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title: "IL FINANCE AUTH-BOND LIMIT"
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description: "Amends the Illinois Finance Authority Act. Increases the aggregate bond limit from $26,650,000,000 to $29,650,000,000. 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 2883"
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citation: "Illinois SB 2883 (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: 46
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vote_count: 3
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first_action: "2008-02-15"
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last_action: "2008-08-21"
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source: "openstates"
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source_identifier: "ocd-bill/90763c34-aa7a-47d4-8305-96c654292fab"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2883&GAID=9&DocTypeID=SB&LegId=37665&SessionID=51&GA=95"
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source_hash: "b6ccbf8cc1998eef306c90b30732b9922424b227dc38e1f1e2e06e82e3b43755"
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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 2883 (95th) — IL FINANCE AUTH-BOND LIMIT
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Amends the Illinois Finance Authority Act. Increases the aggregate bond limit from $26,650,000,000 to $29,650,000,000. 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=09500SB2883&GA=95&SessionId=51&DocTypeId=SB&LegID=37665&DocNum=2883&GAID=9&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB2883eng&GA=95&SessionId=51&DocTypeId=SB&LegID=37665&DocNum=2883&GAID=9&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB2883enr&GA=95&SessionId=51&DocTypeId=SB&LegID=37665&DocNum=2883&GAID=9&Session=&print=true)
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## Votes
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- Concurrence — **52–1** (pass) · upper
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- Third Reading — **72–42** (pass) · lower
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- Third Reading — **37–13** (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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- **2008-02-15** Filed with Secretary by Sen. Jeffrey M. Schoenberg `filing`
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- **2008-02-15** First Reading `reading-1`
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- **2008-02-15** Referred to Rules `referral-committee`
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- **2008-02-28** Assigned to State Government and Veterans Affairs `referral-committee`
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- **2008-03-06** Do Pass State Government and Veterans Affairs; 005-000-004 `committee-passage`
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- **2008-03-06** Placed on Calendar Order of 2nd Reading March 11, 2008
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- **2008-03-13** Second Reading `reading-2`
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- **2008-03-13** Placed on Calendar Order of 3rd Reading April 1, 2008
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- **2008-04-08** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Pamela J. Althoff `amendment-introduction`
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- **2008-04-08** Senate Floor Amendment No. 1 Referred to Rules `referral-committee`
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- **2008-04-10** Added as Co-Sponsor Sen. Gary Forby
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- **2008-04-10** Added as Co-Sponsor Sen. John M. Sullivan
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- **2008-04-10** Added as Chief Co-Sponsor Sen. Iris Y. Martinez
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- **2008-04-10** Added as Chief Co-Sponsor Sen. Mattie Hunter
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- **2008-04-10** Added as Chief Co-Sponsor Sen. Donne E. Trotter
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- **2008-04-17** Third Reading - Passed; 037-013-001 `reading-3, passage`
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- **2008-04-17** Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
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- **2008-04-17** Arrived in House `introduction`
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- **2008-04-17** Placed on Calendar Order of First Reading `reading-1`
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- **2008-04-17** Chief House Sponsor Rep. Gary Hannig
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- **2008-04-24** First Reading `reading-1`
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- **2008-04-24** Referred to Rules Committee `referral-committee`
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- **2008-05-19** Committee Deadline Extended-Rule 9(b) May 23, 2008
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- **2008-05-19** Assigned to Executive Committee `referral-committee`
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- **2008-05-21** Added Alternate Chief Co-Sponsor Rep. Arthur L. Turner
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- **2008-05-21** Added Alternate Chief Co-Sponsor Rep. William B. Black
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- **2008-05-23** Final Action Deadline Extended-9(b) May 31, 2008
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- **2008-05-28** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
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- **2008-05-28** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
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- **2008-05-28** Do Pass as Amended / Short Debate Executive Committee; 007-002-000 `committee-passage`
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- **2008-05-28** Placed on Calendar 2nd Reading - Short Debate
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- **2008-05-28** Second Reading - Short Debate `reading-2`
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- **2008-05-28** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2008-05-31** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2008-05-31** Third Reading - Short Debate - Passed 072-042-000 `reading-3, passage`
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- **2008-05-31** Secretary's Desk - Concurrence House Amendment(s) 01
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- **2008-05-31** Placed on Calendar Order of Concurrence House Amendment(s) 01-May 31, 2008
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- **2008-05-31** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jeffrey M. Schoenberg `filing`
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- **2008-05-31** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
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- **2008-05-31** House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Rules
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- **2008-05-31** House Committee Amendment No. 1 Senate Concurs 052-001-001
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- **2008-05-31** Passed Both Houses
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- **2008-06-27** Sent to the Governor `executive-receipt`
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- **2008-08-21** Governor Approved `executive-signature`
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- **2008-08-21** Effective Date August 21, 2008
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- **2008-08-21** Public Act . . . . . . . . . 95-0879 `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/90763c34-aa7a-47d4-8305-96c654292fab`. Confidence: reported (aggregated from official Illinois legislature records).
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