Loading chat...

IL SB2693

Bill

Status

Failed

1/13/2015

Primary Sponsor

Toi Hutchinson

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Amends the Cook County Forest Preserve District Act to increase the land acquisition threshold requiring voter approval from 75,000 acres to 90,000 acres.

  • District may not incur indebtedness for land acquisition exceeding 90,000 acres (including all previously acquired lands) without first obtaining voter certification and approval through an election.

  • Maintains existing requirements that propositions for indebtedness be certified to election officials and submitted to district voters for approval by majority vote.

  • Board must provide by ordinance for annual tax collection sufficient to pay bond interest and principal, with bonds divided into series maturing within 5 to 30 years.

  • Act takes effect immediately upon becoming law.

Legislative Description

COOK CTY FOREST PRESERVE-ACRE

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments4/11/2014
Local Government3/13/2014
Assignments1/28/2014

Full Bill Text

No bill text available