IL SB3233

Allows Berwyn South School District 100 to issue bonds with an aggregate principal amount not to exceed $51,500,000 if voters approve the bond issuance at an election held on or after March 18, 2014.

Requires the school board to determine by resolution that improvement of school sites, building additions, and altering/repairing/equipping of existing buildings are required due to the size, age, and condition of existing school buildings.

Exempts debt incurred on these bonds and any refunding bonds from the district's statutory debt limitation.

Requires bonds to mature within not to exceed 30 years from their date of issuance.

Takes effect upon becoming law.