Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
6.2 KiB
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 | ||||
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| Bill | WILL-KANKAKEE DEV AUTH | Amends the Will-Kankakee Regional Development Authority Law. Provides that the Will-Kankakee Regional Development Authority may issue bonds, notes, or other evidences of indebtedness in an aggregate amount outstanding not to exceed $250,000,000 (now, $100,000,000). Provides that certain provisions concerning the State's moral obligation for the bonds of the Authority shall not apply to bonds issued by the Authority on or after the effective date of the amendatory Act. Provides that the notes and bonds issued by the Authority and the income from these notes and bonds may be free from all taxation by the State or its political subdivisions, except for estate, transfer, and inheritance taxes. Provides that the exemption from taxation shall apply to the income on any notes or bonds of the Authority only if the Authority in its sole judgment determines that the exemption enhances the marketability of the bonds or notes or reduces the interest rates that would otherwise be borne by the bonds or notes. Effective immediately. | us/states/il | Illinois General Assembly | 97th | HB 5616 | Illinois HB 5616 (97th) |
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enacted | 3 | 34 | 2 | 2012-02-15 | 2012-07-13 | openstates | ocd-bill/96366a02-a150-4395-99ad-ba6ff5a07981 | http://ilga.gov/legislation/BillStatus.asp?DocNum=5616&GAID=11&DocTypeID=HB&LegId=66084&SessionID=84&GA=97 | b80c4f1635f974016c8c40de344e5b3fb192c0bc439f02ceb4bc935a46914cfa | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 5616 (97th) — WILL-KANKAKEE DEV AUTH
Amends the Will-Kankakee Regional Development Authority Law. Provides that the Will-Kankakee Regional Development Authority may issue bonds, notes, or other evidences of indebtedness in an aggregate amount outstanding not to exceed $250,000,000 (now, $100,000,000). Provides that certain provisions concerning the State's moral obligation for the bonds of the Authority shall not apply to bonds issued by the Authority on or after the effective date of the amendatory Act. Provides that the notes and bonds issued by the Authority and the income from these notes and bonds may be free from all taxation by the State or its political subdivisions, except for estate, transfer, and inheritance taxes. Provides that the exemption from taxation shall apply to the income on any notes or bonds of the Authority only if the Authority in its sole judgment determines that the exemption enhances the marketability of the bonds or notes or reduces the interest rates that would otherwise be borne by the bonds or notes. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 54–0 (pass) · upper
- Third Reading — 62–47 (pass) · lower
Sponsors
- Frank J. Mautino — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2012-02-15 Filed with the Clerk by Rep. Frank J. Mautino
filing - 2012-02-15 First Reading
reading-1 - 2012-02-15 Referred to Rules Committee
referral-committee - 2012-02-21 Assigned to Revenue & Finance Committee
referral-committee - 2012-03-06 State Debt Impact Note Filed
- 2012-03-08 Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
committee-passage - 2012-03-08 Remains in Revenue & Finance Committee
- 2012-03-08 Do Pass / Short Debate Revenue & Finance Committee; 009-000-000
committee-passage - 2012-03-09 Placed on Calendar 2nd Reading - Short Debate
- 2012-03-27 Second Reading - Short Debate
reading-2 - 2012-03-27 Held on Calendar Order of Second Reading - Short Debate
reading-2 - 2012-03-29 Added Chief Co-Sponsor Rep. Lisa M. Dugan
- 2012-03-29 Placed on Calendar Order of 3rd Reading - Short Debate
- 2012-03-29 Third Reading - Short Debate - Passed 062-047-000
reading-3, passage - 2012-03-30 Arrive in Senate
introduction - 2012-03-30 Placed on Calendar Order of First Reading
reading-1 - 2012-03-30 Chief Senate Sponsor Sen. William R. Haine
- 2012-04-11 First Reading
reading-1 - 2012-04-11 Referred to Assignments
referral-committee - 2012-04-11 Assigned to Revenue
referral-committee - 2012-04-16 Added as Alternate Chief Co-Sponsor Sen. Toi W. Hutchinson
- 2012-04-16 Sponsor Removed Sen. Toi W. Hutchinson
- 2012-04-18 Alternate Chief Sponsor Changed to Sen. Toi W. Hutchinson
- 2012-04-18 Postponed - Revenue
- 2012-04-26 Do Pass Revenue; 007-001-000
committee-passage - 2012-04-26 Placed on Calendar Order of 2nd Reading May 1, 2012
- 2012-05-02 Second Reading
reading-2 - 2012-05-02 Placed on Calendar Order of 3rd Reading May 3, 2012
- 2012-05-22 Third Reading - Passed; 054-000-000
reading-3, passage - 2012-05-22 Passed Both Houses
- 2012-06-20 Sent to the Governor
executive-receipt - 2012-07-13 Governor Approved
executive-signature - 2012-07-13 Effective Date July 13, 2012
- 2012-07-13 Public Act . . . . . . . . . 97-0790
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/96366a02-a150-4395-99ad-ba6ff5a07981. Confidence: reported (aggregated from official Illinois legislature records).