Fabio
128 lines
9.9 KiB
Markdown
128 lines
9.9 KiB
Markdown
---
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type: "Bill"
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title: "DEBT REFORM-ALT REVENUE BONDS"
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description: "Amends the Local Government Debt Reform Act. Provides that determinations of sufficiency of enterprise revenues or revenue sources shall be conducted by the chief procurement officer for procurements of construction and construction-related services under the jurisdiction of the Capital Development Board. Provides that enterprise revenues shall be sufficient to pay 150% (instead of 100%) of the debt service on all outstanding revenue bonds payable from those enterprise revenues. Provides that a petition to initiate a backdoor referendum concerning the issuance of alternate bonds may be filed within 90 (instead of 30) days of publication of the authorizing ordinance and notice. Provides that it must be signed by 5% of the registered voters in the governmental unit or 500 of those registered voters, whichever is less. Provides that, if alternate bonds are payable from a combination of enterprise revenues and property taxes, and if, in any fiscal year of the governmental unit, the total amount of enterprise revenues collected exceeds the debt service payable on those bonds, then, within 90 days after the last day of the fiscal year, the surplus revenues shall be refunded to property owners within the governmental unit according to each property owner's pro rata share of property taxes paid in that fiscal year. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "98th"
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identifier: "HB 983"
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citation: "Illinois HB 983 (98th)"
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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: 66
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vote_count: 4
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first_action: "2013-01-28"
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last_action: "2013-08-09"
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source: "openstates"
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source_identifier: "ocd-bill/a8e69bc3-c5ac-4ae1-a567-89330a50cbaa"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=983&GAID=12&DocTypeID=HB&LegId=71368&SessionID=85&GA=98"
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source_hash: "caa19b556c3dea725b0208890c1c1c15928fe0b0dcc882bc5b96a7f432c692bd"
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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 983 (98th) — DEBT REFORM-ALT REVENUE BONDS
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Amends the Local Government Debt Reform Act. Provides that determinations of sufficiency of enterprise revenues or revenue sources shall be conducted by the chief procurement officer for procurements of construction and construction-related services under the jurisdiction of the Capital Development Board. Provides that enterprise revenues shall be sufficient to pay 150% (instead of 100%) of the debt service on all outstanding revenue bonds payable from those enterprise revenues. Provides that a petition to initiate a backdoor referendum concerning the issuance of alternate bonds may be filed within 90 (instead of 30) days of publication of the authorizing ordinance and notice. Provides that it must be signed by 5% of the registered voters in the governmental unit or 500 of those registered voters, whichever is less. Provides that, if alternate bonds are payable from a combination of enterprise revenues and property taxes, and if, in any fiscal year of the governmental unit, the total amount of enterprise revenues collected exceeds the debt service payable on those bonds, then, within 90 days after the last day of the fiscal year, the surplus revenues shall be refunded to property owners within the governmental unit according to each property owner's pro rata share of property taxes paid in that fiscal year. 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=09800HB0983&GA=98&SessionId=85&DocTypeId=HB&LegID=71368&DocNum=983&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB0983eng&GA=98&SessionId=85&DocTypeId=HB&LegID=71368&DocNum=983&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB0983enr&GA=98&SessionId=85&DocTypeId=HB&LegID=71368&DocNum=983&GAID=12&Session=&print=true)
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## Votes
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- Concurrence — **116–0** (pass) · lower
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- Third Reading — **101–6** (pass) · lower
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- Concurrence — **116–0** (pass) · lower
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- Third Reading — **57–0** (pass) · upper
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## Sponsors
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- David McSweeney — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2013-01-28** Filed with the Clerk by Rep. David McSweeney `filing`
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- **2013-01-28** Chief Co-Sponsor Rep. Jack D. Franks
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- **2013-01-29** First Reading `reading-1`
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- **2013-01-29** Referred to Rules Committee `referral-committee`
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- **2013-02-05** Added Chief Co-Sponsor Rep. Dwight Kay
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- **2013-02-13** Assigned to Cities & Villages Committee `referral-committee`
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- **2013-03-06** House Committee Amendment No. 1 Filed with Clerk by Rep. David McSweeney `amendment-introduction`
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- **2013-03-06** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2013-03-12** House Committee Amendment No. 2 Filed with Clerk by Rep. David McSweeney `amendment-introduction`
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- **2013-03-12** House Committee Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2013-03-13** House Committee Amendment No. 1 Rules Refers to Cities & Villages Committee
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- **2013-03-13** House Committee Amendment No. 2 Rules Refers to Cities & Villages Committee
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- **2013-03-14** House Committee Amendment No. 1 Adopted in Cities & Villages Committee; by Voice Vote `amendment-passage`
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- **2013-03-14** House Committee Amendment No. 2 Adopted in Cities & Villages Committee; by Voice Vote `amendment-passage`
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- **2013-03-14** Do Pass as Amended / Short Debate Cities & Villages Committee; 014-002-000 `committee-passage`
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- **2013-03-15** Placed on Calendar 2nd Reading - Short Debate
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- **2013-04-08** Second Reading - Short Debate `reading-2`
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- **2013-04-08** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2013-04-09** Third Reading - Short Debate - Passed 101-006-002 `reading-3, passage`
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- **2013-04-09** Added Chief Co-Sponsor Rep. Sandra M. Pihos
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- **2013-04-10** Arrive in Senate `introduction`
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- **2013-04-10** Placed on Calendar Order of First Reading `reading-1`
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- **2013-04-10** Chief Senate Sponsor Sen. Pamela J. Althoff
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- **2013-04-10** First Reading `reading-1`
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- **2013-04-10** Referred to Assignments `referral-committee`
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- **2013-04-10** Added as Alternate Chief Co-Sponsor Sen. Dan Duffy
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- **2013-04-23** Assigned to Local Government `referral-committee`
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- **2013-05-01** To Subcommittee on Special Issues (LG)
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- **2013-05-10** Rule 2-10 Committee Deadline Established As May 31, 2013
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- **2013-05-15** Postponed - Local Government; Subcommittee on Special Issues (LG)
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- **2013-05-17** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Pamela J. Althoff `amendment-introduction`
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- **2013-05-17** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
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- **2013-05-20** Senate Committee Amendment No. 2 Filed with Secretary by Sen. Pamela J. Althoff `amendment-introduction`
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- **2013-05-20** Senate Committee Amendment No. 2 Referred to Assignments `referral-committee`
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- **2013-05-20** Senate Committee Amendment No. 1 Assignments Refers to Local Government
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- **2013-05-20** Senate Committee Amendment No. 2 Assignments Refers to Local Government
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- **2013-05-21** Assignments Re-refers to Local Government; from Subcommittee on Special Issues
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- **2013-05-21** Reported Back To Local Government;
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- **2013-05-21** Waive Posting Notice
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- **2013-05-22** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2013-05-22** Senate Committee Amendment No. 2 Adopted `amendment-passage`
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- **2013-05-22** Do Pass as Amended Local Government; 011-000-000 `committee-passage`
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- **2013-05-22** Placed on Calendar Order of 2nd Reading
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- **2013-05-22** Second Reading `reading-2`
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- **2013-05-22** Placed on Calendar Order of 3rd Reading May 23, 2013
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- **2013-05-23** Added as Alternate Chief Co-Sponsor Sen. Michael Connelly
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- **2013-05-23** Added as Alternate Chief Co-Sponsor Sen. Chapin Rose
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- **2013-05-23** Third Reading - Passed; 057-000-000 `reading-3, passage`
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- **2013-05-23** Arrived in House `introduction`
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- **2013-05-23** Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
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- **2013-05-23** Senate Committee Amendment No. 1 Motion Filed Concur Rep. David McSweeney
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- **2013-05-23** Senate Committee Amendment No. 2 Motion Filed Concur Rep. David McSweeney
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- **2013-05-23** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2013-05-23** Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2013-05-28** Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Cities & Villages Committee `referral-committee`
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- **2013-05-28** Senate Committee Amendment No. 2 Motion to Concur Rules Referred to Cities & Villages Committee `referral-committee`
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- **2013-05-29** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Cities & Villages Committee; 013-000-000
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- **2013-05-29** Senate Committee Amendment No. 2 Motion to Concur Recommends Be Adopted Cities & Villages Committee; 013-000-000
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- **2013-05-30** Senate Committee Amendment No. 1 House Concurs 116-000-000
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- **2013-05-30** Senate Committee Amendment No. 2 House Concurs 116-000-000
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- **2013-05-30** House Concurs
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- **2013-05-30** Passed Both Houses
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- **2013-06-19** Sent to the Governor `executive-receipt`
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- **2013-08-09** Governor Approved `executive-signature`
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- **2013-08-09** Effective Date January 1, 2014
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- **2013-08-09** Public Act . . . . . . . . . 98-0203 `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/a8e69bc3-c5ac-4ae1-a567-89330a50cbaa`. Confidence: reported (aggregated from official Illinois legislature records).
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