Fabio
94 lines
6.2 KiB
Markdown
94 lines
6.2 KiB
Markdown
---
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type: "Bill"
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title: "WILL-KANKAKEE DEV AUTH"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "97th"
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identifier: "HB 5616"
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citation: "Illinois HB 5616 (97th)"
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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: 34
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vote_count: 2
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first_action: "2012-02-15"
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last_action: "2012-07-13"
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source: "openstates"
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source_identifier: "ocd-bill/96366a02-a150-4395-99ad-ba6ff5a07981"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=5616&GAID=11&DocTypeID=HB&LegId=66084&SessionID=84&GA=97"
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source_hash: "b80c4f1635f974016c8c40de344e5b3fb192c0bc439f02ceb4bc935a46914cfa"
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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 HB 5616 (97th) — WILL-KANKAKEE DEV AUTH
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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.
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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=09700HB5616&GA=97&SessionId=84&DocTypeId=HB&LegID=66084&DocNum=5616&GAID=11&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB5616eng&GA=97&SessionId=84&DocTypeId=HB&LegID=66084&DocNum=5616&GAID=11&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB5616enr&GA=97&SessionId=84&DocTypeId=HB&LegID=66084&DocNum=5616&GAID=11&Session=&print=true)
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## Votes
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- Third Reading — **54–0** (pass) · upper
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- Third Reading — **62–47** (pass) · lower
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## Sponsors
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- Frank J. Mautino — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2012-02-15** Filed with the Clerk by Rep. Frank J. Mautino `filing`
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- **2012-02-15** First Reading `reading-1`
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- **2012-02-15** Referred to Rules Committee `referral-committee`
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- **2012-02-21** Assigned to Revenue & Finance Committee `referral-committee`
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- **2012-03-06** State Debt Impact Note Filed
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- **2012-03-08** Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 `committee-passage`
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- **2012-03-08** Remains in Revenue & Finance Committee
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- **2012-03-08** Do Pass / Short Debate Revenue & Finance Committee; 009-000-000 `committee-passage`
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- **2012-03-09** Placed on Calendar 2nd Reading - Short Debate
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- **2012-03-27** Second Reading - Short Debate `reading-2`
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- **2012-03-27** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2012-03-29** Added Chief Co-Sponsor Rep. Lisa M. Dugan
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- **2012-03-29** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2012-03-29** Third Reading - Short Debate - Passed 062-047-000 `reading-3, passage`
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- **2012-03-30** Arrive in Senate `introduction`
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- **2012-03-30** Placed on Calendar Order of First Reading `reading-1`
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- **2012-03-30** Chief Senate Sponsor Sen. William R. Haine
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- **2012-04-11** First Reading `reading-1`
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- **2012-04-11** Referred to Assignments `referral-committee`
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- **2012-04-11** Assigned to Revenue `referral-committee`
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- **2012-04-16** Added as Alternate Chief Co-Sponsor Sen. Toi W. Hutchinson
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- **2012-04-16** Sponsor Removed Sen. Toi W. Hutchinson
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- **2012-04-18** Alternate Chief Sponsor Changed to Sen. Toi W. Hutchinson
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- **2012-04-18** Postponed - Revenue
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- **2012-04-26** Do Pass Revenue; 007-001-000 `committee-passage`
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- **2012-04-26** Placed on Calendar Order of 2nd Reading May 1, 2012
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- **2012-05-02** Second Reading `reading-2`
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- **2012-05-02** Placed on Calendar Order of 3rd Reading May 3, 2012
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- **2012-05-22** Third Reading - Passed; 054-000-000 `reading-3, passage`
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- **2012-05-22** Passed Both Houses
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- **2012-06-20** Sent to the Governor `executive-receipt`
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- **2012-07-13** Governor Approved `executive-signature`
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- **2012-07-13** Effective Date July 13, 2012
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- **2012-07-13** Public Act . . . . . . . . . 97-0790 `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/96366a02-a150-4395-99ad-ba6ff5a07981`. Confidence: reported (aggregated from official Illinois legislature records).
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