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republic-os/legislation/us/states/il/96th/sb-325.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill ISAC-BONDS GUARANTEED BY STATE Amends the Higher Education Student Assistance Act. Provides that bonds issued in accordance with the Act may be designated by the Illinois Student Assistance Commission as guaranteed by the State of Illinois. Provides that this guarantee shall constitute a general obligation of the State of Illinois, with the full faith, credit, and resources of the State of Illinois irrevocably pledged for the punctual payment of the principal of, interest on, and premium, if any, on any such bond. Provides that these provisions are irrepealable until all such bonds are paid in full as to both principal and interest. Provides that any bonds designated pursuant to these provisions shall be issued by the Commission on or prior to December 31, 2009 and shall be limited in aggregate principal issuance amount to not greater than $50,000,000. Sets forth provisions concerning appropriations for insufficient amounts, a continuing appropriation for insufficient appropriations, the rights and powers of the Commission not being impaired, and allowing a civil action to compel payment. Effective immediately. us/states/il Illinois General Assembly 96th SB 325 Illinois SB 325 (96th)
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3 42 2 2009-02-06 2009-05-07 openstates ocd-bill/b9721f9d-3c97-43cb-9633-117a5fad3c6c http://ilga.gov/legislation/BillStatus.asp?DocNum=325&GAID=10&DocTypeID=SB&LegId=41179&SessionID=76&GA=96 6d8f92e7339da5b0df94cb6b8b4fde8ae8376edc5083e76ae942f4f5bfa10cc1 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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us-il

Illinois SB 325 (96th) — ISAC-BONDS GUARANTEED BY STATE

Amends the Higher Education Student Assistance Act. Provides that bonds issued in accordance with the Act may be designated by the Illinois Student Assistance Commission as guaranteed by the State of Illinois. Provides that this guarantee shall constitute a general obligation of the State of Illinois, with the full faith, credit, and resources of the State of Illinois irrevocably pledged for the punctual payment of the principal of, interest on, and premium, if any, on any such bond. Provides that these provisions are irrepealable until all such bonds are paid in full as to both principal and interest. Provides that any bonds designated pursuant to these provisions shall be issued by the Commission on or prior to December 31, 2009 and shall be limited in aggregate principal issuance amount to not greater than $50,000,000. Sets forth provisions concerning appropriations for insufficient amounts, a continuing appropriation for insufficient appropriations, the rights and powers of the Commission not being impaired, and allowing a civil action to compel payment. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 114–2 (pass) · lower
  • Third Reading — 56–0 (pass) · upper

Sponsors

  • Edward D. Maloney — primary (person)

Timeline

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

  • 2009-02-06 Filed with Secretary by Sen. Edward D. Maloney filing
  • 2009-02-06 First Reading reading-1
  • 2009-02-06 Referred to Assignments referral-committee
  • 2009-02-18 Assigned to Higher Education referral-committee
  • 2009-02-20 Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
  • 2009-02-25 Do Pass Higher Education; 008-000-002 committee-passage
  • 2009-02-25 Placed on Calendar Order of 2nd Reading February 26, 2009
  • 2009-02-26 Added as Chief Co-Sponsor Sen. M. Maggie Crotty
  • 2009-03-03 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Edward D. Maloney; -Burzynski amendment-introduction
  • 2009-03-03 Senate Floor Amendment No. 1 Referred to Assignments referral-committee
  • 2009-03-05 Second Reading reading-2
  • 2009-03-05 Placed on Calendar Order of 3rd Reading March 6, 2009
  • 2009-03-06 Added as Chief Co-Sponsor Sen. Kwame Raoul
  • 2009-03-10 Added as Chief Co-Sponsor Sen. Michael Noland
  • 2009-03-17 Senate Floor Amendment No. 1 Assignments Refers to Higher Education
  • 2009-03-18 Senate Floor Amendment No. 1 Recommend Do Adopt Higher Education; 008-000-000
  • 2009-03-18 Recalled to Second Reading reading-2
  • 2009-03-18 Senate Floor Amendment No. 1 Adopted; Maloney-Burzynski amendment-passage
  • 2009-03-18 Placed on Calendar Order of 3rd Reading
  • 2009-03-18 Added as Co-Sponsor Sen. Jacqueline Y. Collins
  • 2009-03-18 3/5 Vote Required
  • 2009-03-18 Added as Co-Sponsor Sen. Mattie Hunter
  • 2009-03-18 Added as Co-Sponsor Sen. Susan Garrett
  • 2009-03-18 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2009-03-18 Arrived in House introduction
  • 2009-03-18 Placed on Calendar Order of First Reading reading-1
  • 2009-03-18 Chief House Sponsor Rep. David E. Miller
  • 2009-03-18 First Reading reading-1
  • 2009-03-18 Referred to Rules Committee referral-committee
  • 2009-04-02 Added Alternate Chief Co-Sponsor Rep. Karen May
  • 2009-04-03 Added Alternate Chief Co-Sponsor Rep. Robert W. Pritchard
  • 2009-04-14 Assigned to Higher Education Committee referral-committee
  • 2009-04-22 Do Pass / Short Debate Higher Education Committee; 005-000-000 committee-passage
  • 2009-04-22 Placed on Calendar 2nd Reading - Short Debate
  • 2009-04-23 Second Reading - Short Debate reading-2
  • 2009-04-23 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2009-04-28 Third Reading - Short Debate - Passed 114-002-000 reading-3, passage
  • 2009-04-28 Passed Both Houses
  • 2009-05-04 Sent to the Governor executive-receipt
  • 2009-05-07 Governor Approved executive-signature
  • 2009-05-07 Effective Date May 7, 2009
  • 2009-05-07 Public Act . . . . . . . . . 96-0009 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b9721f9d-3c97-43cb-9633-117a5fad3c6c. Confidence: reported (aggregated from official Illinois legislature records).

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