Fabio
101 lines
6.5 KiB
Markdown
101 lines
6.5 KiB
Markdown
---
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type: "Bill"
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title: "COUNTIES CD-BORROWING MONEY"
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description: "Amends the Counties Code. Provides that the county board of a county may borrow money for county purposes from one fund for the use of another fund, as long as it is repaid within the current fiscal year. Provides that the county board of a county may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years from the time the money is borrowed. Sets forth requirements concerning the documentation of the loan. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the county, from exceeding the debt limitation otherwise provided for by law. Defines \"financial institution\". 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: "SB 1430"
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citation: "Illinois SB 1430 (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: 40
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vote_count: 3
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first_action: "2013-02-06"
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last_action: "2013-08-23"
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source: "openstates"
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source_identifier: "ocd-bill/6828ed95-fccb-470f-8590-9c572ec78031"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1430&GAID=12&DocTypeID=SB&LegId=72028&SessionID=85&GA=98"
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source_hash: "618a606f9e461d65c9cc16c29a063623b8f4ad879bec2cda9dc61ecd791253b2"
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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 1430 (98th) — COUNTIES CD-BORROWING MONEY
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Amends the Counties Code. Provides that the county board of a county may borrow money for county purposes from one fund for the use of another fund, as long as it is repaid within the current fiscal year. Provides that the county board of a county may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years from the time the money is borrowed. Sets forth requirements concerning the documentation of the loan. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the county, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". 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=09800SB1430&GA=98&SessionId=85&DocTypeId=SB&LegID=72028&DocNum=1430&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB1430eng&GA=98&SessionId=85&DocTypeId=SB&LegID=72028&DocNum=1430&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB1430enr&GA=98&SessionId=85&DocTypeId=SB&LegID=72028&DocNum=1430&GAID=12&Session=&print=true)
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## Votes
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- Concurrence, Amendment 2 — **55–2** (pass) · upper
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- Third Reading — **88–23** (pass) · lower
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- Third Reading — **50–1** (pass) · upper
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## Sponsors
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- Dave Syverson — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2013-02-06** Filed with Secretary by Sen. Dave Syverson `filing`
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- **2013-02-06** First Reading `reading-1`
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- **2013-02-06** Referred to Assignments `referral-committee`
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- **2013-02-14** Assigned to Local Government `referral-committee`
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- **2013-02-28** Do Pass Local Government; 013-000-000 `committee-passage`
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- **2013-02-28** Placed on Calendar Order of 2nd Reading March 1, 2013
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- **2013-02-28** Added as Co-Sponsor Sen. Wm. Sam McCann
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- **2013-03-01** Second Reading `reading-2`
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- **2013-03-01** Placed on Calendar Order of 3rd Reading March 5, 2013
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- **2013-04-11** Third Reading - Passed; 050-001-000 `reading-3, passage`
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- **2013-04-11** Arrived in House `introduction`
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- **2013-04-12** Chief House Sponsor Rep. John M. Cabello
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- **2013-04-12** First Reading `reading-1`
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- **2013-04-12** Referred to Rules Committee `referral-committee`
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- **2013-04-24** Assigned to Counties & Townships Committee `referral-committee`
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- **2013-05-02** Do Pass / Short Debate Counties & Townships Committee; 004-000-000 `committee-passage`
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- **2013-05-02** Placed on Calendar 2nd Reading - Short Debate
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- **2013-05-07** House Floor Amendment No. 1 Filed with Clerk by Rep. John M. Cabello `amendment-introduction`
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- **2013-05-07** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2013-05-07** House Floor Amendment No. 2 Filed with Clerk by Rep. John M. Cabello `amendment-introduction`
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- **2013-05-07** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2013-05-08** House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 `committee-passage-favorable`
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- **2013-05-08** House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000 `committee-passage-favorable`
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- **2013-05-09** Second Reading - Short Debate `reading-2`
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- **2013-05-09** House Floor Amendment No. 1 Withdrawn by Rep. John M. Cabello
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- **2013-05-09** House Floor Amendment No. 2 Adopted `amendment-passage`
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- **2013-05-09** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2013-05-15** Third Reading - Short Debate - Passed 088-023-002 `reading-3, passage`
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- **2013-05-15** Secretary's Desk - Concurrence House Amendment(s) 2
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- **2013-05-15** Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 16, 2013
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- **2013-05-22** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Dave Syverson `filing`
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- **2013-05-22** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
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- **2013-05-23** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Local Government `referral-committee`
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- **2013-05-24** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Local Government; 010-000-000
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- **2013-05-28** House Floor Amendment No. 2 Senate Concurs 055-002-000
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- **2013-05-28** Passed Both Houses
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- **2013-06-26** Sent to the Governor `executive-receipt`
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- **2013-08-23** Governor Approved `executive-signature`
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- **2013-08-23** Effective Date August 23, 2013
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- **2013-08-23** Public Act . . . . . . . . . 98-0525 `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/6828ed95-fccb-470f-8590-9c572ec78031`. Confidence: reported (aggregated from official Illinois legislature records).
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