IL SB2721

Amends the Local Government Debt Reform Act to extend the validity period for bond authorizations approved by Jackson County voters in a 1994 referendum from the standard timeframe to 25 years after the referendum date.

Applies only to bonds authorized under the Counties Code for flooding prevention purposes where less than $200,000 of the original bonds have been issued.

Maintains existing approval periods for other bond types: 5 years for standard referendums, 3 years for backdoor referendums, and 7 years for Water Pollution Control and Public Water Supply Loan Program bonds.

Preserves the tolling provision that suspends approval time limits during pending court actions that prevent bond issuance.

Takes effect upon becoming law.