Public Act 103-0978
 
SB3348 EnrolledLRB103 37891 RJT 68022 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois, 
represented in the General Assembly:
 
    Section 5. The School Code is amended by changing Section 
19-1 as follows:
 
    (105 ILCS 5/19-1)
    Sec. 19-1. Debt limitations of school districts. 
    (a) School districts shall not be subject to the 
provisions limiting their indebtedness prescribed in the Local 
Government Debt Limitation Act.
    No school districts maintaining grades K through 8 or 9 
through 12 shall become indebted in any manner or for any 
purpose to an amount, including existing indebtedness, in the 
aggregate exceeding 6.9% on the value of the taxable property 
therein to be ascertained by the last assessment for State and 
county taxes or, until January 1, 1983, if greater, the sum 
that is produced by multiplying the school district's 1978 
equalized assessed valuation by the debt limitation percentage 
in effect on January 1, 1979, previous to the incurring of such 
indebtedness.
    No school districts maintaining grades K through 12 shall 
become indebted in any manner or for any purpose to an amount, 
including existing indebtedness, in the aggregate exceeding 
13.8% on the value of the taxable property therein to be 
ascertained by the last assessment for State and county taxes 
or, until January 1, 1983, if greater, the sum that is produced 
by multiplying the school district's 1978 equalized assessed 
valuation by the debt limitation percentage in effect on 
January 1, 1979, previous to the incurring of such 
indebtedness.
    No partial elementary unit district, as defined in Article 
11E of this Code, shall become indebted in any manner or for 
any purpose in an amount, including existing indebtedness, in 
the aggregate exceeding 6.9% of the value of the taxable 
property of the entire district, to be ascertained by the last 
assessment for State and county taxes, plus an amount, 
including existing indebtedness, in the aggregate exceeding 
6.9% of the value of the taxable property of that portion of 
the district included in the elementary and high school 
classification, to be ascertained by the last assessment for 
State and county taxes. Moreover, no partial elementary unit 
district, as defined in Article 11E of this Code, shall become 
indebted on account of bonds issued by the district for high 
school purposes in the aggregate exceeding 6.9% of the value 
of the taxable property of the entire district, to be 
ascertained by the last assessment for State and county taxes, 
nor shall the district become indebted on account of bonds 
issued by the district for elementary purposes in the 
aggregate exceeding 6.9% of the value of the taxable property 
for that portion of the district included in the elementary 
and high school classification, to be ascertained by the last 
assessment for State and county taxes. 
    Notwithstanding the provisions of any other law to the 
contrary, in any case in which the voters of a school district 
have approved a proposition for the issuance of bonds of such 
school district at an election held prior to January 1, 1979, 
and all of the bonds approved at such election have not been 
issued, the debt limitation applicable to such school district 
during the calendar year 1979 shall be computed by multiplying 
the value of taxable property therein, including personal 
property, as ascertained by the last assessment for State and 
county taxes, previous to the incurring of such indebtedness, 
by the percentage limitation applicable to such school 
district under the provisions of this subsection (a).
    (a-5) After January 1, 2018, no school district may issue 
bonds under Sections 19-2 through 19-7 of this Code and rely on 
an exception to the debt limitations in this Section unless it 
has complied with the requirements of Section 21 of the Bond 
Issue Notification Act and the bonds have been approved by 
referendum. 
    (b) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section, additional indebtedness may be 
incurred in an amount not to exceed the estimated cost of 
acquiring or improving school sites or constructing and 
equipping additional building facilities under the following 
conditions:
        (1) Whenever the enrollment of students for the next 
    school year is estimated by the board of education to 
    increase over the actual present enrollment by not less 
    than 35% or by not less than 200 students or the actual 
    present enrollment of students has increased over the 
    previous school year by not less than 35% or by not less 
    than 200 students and the board of education determines 
    that additional school sites or building facilities are 
    required as a result of such increase in enrollment; and
        (2) When the Regional Superintendent of Schools having 
    jurisdiction over the school district and the State 
    Superintendent of Education concur in such enrollment 
    projection or increase and approve the need for such 
    additional school sites or building facilities and the 
    estimated cost thereof; and
        (3) When the voters in the school district approve a 
    proposition for the issuance of bonds for the purpose of 
    acquiring or improving such needed school sites or 
    constructing and equipping such needed additional building 
    facilities at an election called and held for that 
    purpose. Notice of such an election shall state that the 
    amount of indebtedness proposed to be incurred would 
    exceed the debt limitation otherwise applicable to the 
    school district. The ballot for such proposition shall 
    state what percentage of the equalized assessed valuation 
    will be outstanding in bonds if the proposed issuance of 
    bonds is approved by the voters; or
        (4) Notwithstanding the provisions of paragraphs (1) 
    through (3) of this subsection (b), if the school board 
    determines that additional facilities are needed to 
    provide a quality educational program and not less than 
    2/3 of those voting in an election called by the school 
    board on the question approve the issuance of bonds for 
    the construction of such facilities, the school district 
    may issue bonds for this purpose; or
        (5) Notwithstanding the provisions of paragraphs (1) 
    through (3) of this subsection (b), if (i) the school 
    district has previously availed itself of the provisions 
    of paragraph (4) of this subsection (b) to enable it to 
    issue bonds, (ii) the voters of the school district have 
    not defeated a proposition for the issuance of bonds since 
    the referendum described in paragraph (4) of this 
    subsection (b) was held, (iii) the school board determines 
    that additional facilities are needed to provide a quality 
    educational program, and (iv) a majority of those voting 
    in an election called by the school board on the question 
    approve the issuance of bonds for the construction of such 
    facilities, the school district may issue bonds for this 
    purpose.
    In no event shall the indebtedness incurred pursuant to 
this subsection (b) and the existing indebtedness of the 
school district exceed 15% of the value of the taxable 
property therein to be ascertained by the last assessment for 
State and county taxes, previous to the incurring of such 
indebtedness or, until January 1, 1983, if greater, the sum 
that is produced by multiplying the school district's 1978 
equalized assessed valuation by the debt limitation percentage 
in effect on January 1, 1979.
    The indebtedness provided for by this subsection (b) shall 
be in addition to and in excess of any other debt limitation.
    (c) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section, in any case in which a public 
question for the issuance of bonds of a proposed school 
district maintaining grades kindergarten through 12 received 
at least 60% of the valid ballots cast on the question at an 
election held on or prior to November 8, 1994, and in which the 
bonds approved at such election have not been issued, the 
school district pursuant to the requirements of Section 11A-10 
(now repealed) may issue the total amount of bonds approved at 
such election for the purpose stated in the question.
    (d) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section, a school district that meets 
all the criteria set forth in paragraphs (1) and (2) of this 
subsection (d) may incur an additional indebtedness in an 
amount not to exceed $4,500,000, even though the amount of the 
additional indebtedness authorized by this subsection (d), 
when incurred and added to the aggregate amount of 
indebtedness of the district existing immediately prior to the 
district incurring the additional indebtedness authorized by 
this subsection (d), causes the aggregate indebtedness of the 
district to exceed the debt limitation otherwise applicable to 
that district under subsection (a):
        (1) The additional indebtedness authorized by this 
    subsection (d) is incurred by the school district through 
    the issuance of bonds under and in accordance with Section 
    17-2.11a for the purpose of replacing a school building 
    which, because of mine subsidence damage, has been closed 
    as provided in paragraph (2) of this subsection (d) or 
    through the issuance of bonds under and in accordance with 
    Section 19-3 for the purpose of increasing the size of, or 
    providing for additional functions in, such replacement 
    school buildings, or both such purposes.
        (2) The bonds issued by the school district as 
    provided in paragraph (1) above are issued for the 
    purposes of construction by the school district of a new 
    school building pursuant to Section 17-2.11, to replace an 
    existing school building that, because of mine subsidence 
    damage, is closed as of the end of the 1992-93 school year 
    pursuant to action of the regional superintendent of 
    schools of the educational service region in which the 
    district is located under Section 3-14.22 or are issued 
    for the purpose of increasing the size of, or providing 
    for additional functions in, the new school building being 
    constructed to replace a school building closed as the 
    result of mine subsidence damage, or both such purposes.
    (e) (Blank).
    (f) Notwithstanding the provisions of subsection (a) of 
this Section or of any other law, bonds in not to exceed the 
aggregate amount of $5,500,000 and issued by a school district 
meeting the following criteria shall not be considered 
indebtedness for purposes of any statutory limitation and may 
be issued in an amount or amounts, including existing 
indebtedness, in excess of any heretofore or hereafter imposed 
statutory limitation as to indebtedness:
        (1) At the time of the sale of such bonds, the board of 
    education of the district shall have determined by 
    resolution that the enrollment of students in the district 
    is projected to increase by not less than 7% during each of 
    the next succeeding 2 school years.
        (2) The board of education shall also determine by 
    resolution that the improvements to be financed with the 
    proceeds of the bonds are needed because of the projected 
    enrollment increases.
        (3) The board of education shall also determine by 
    resolution that the projected increases in enrollment are 
    the result of improvements made or expected to be made to 
    passenger rail facilities located in the school district.
    Notwithstanding the provisions of subsection (a) of this 
Section or of any other law, a school district that has availed 
itself of the provisions of this subsection (f) prior to July 
22, 2004 (the effective date of Public Act 93-799) may also 
issue bonds approved by referendum up to an amount, including 
existing indebtedness, not exceeding 25% of the equalized 
assessed value of the taxable property in the district if all 
of the conditions set forth in items (1), (2), and (3) of this 
subsection (f) are met. 
    (g) Notwithstanding the provisions of subsection (a) of 
this Section or any other law, bonds in not to exceed an 
aggregate amount of 25% of the equalized assessed value of the 
taxable property of a school district and issued by a school 
district meeting the criteria in paragraphs (i) through (iv) 
of this subsection shall not be considered indebtedness for 
purposes of any statutory limitation and may be issued 
pursuant to resolution of the school board in an amount or 
amounts, including existing indebtedness, in excess of any 
statutory limitation of indebtedness heretofore or hereafter 
imposed:
        (i) The bonds are issued for the purpose of 
    constructing a new high school building to replace two 
    adjacent existing buildings which together house a single 
    high school, each of which is more than 65 years old, and 
    which together are located on more than 10 acres and less 
    than 11 acres of property.
        (ii) At the time the resolution authorizing the 
    issuance of the bonds is adopted, the cost of constructing 
    a new school building to replace the existing school 
    building is less than 60% of the cost of repairing the 
    existing school building.
        (iii) The sale of the bonds occurs before July 1, 
    1997.
        (iv) The school district issuing the bonds is a unit 
    school district located in a county of less than 70,000 
    and more than 50,000 inhabitants, which has an average 
    daily attendance of less than 1,500 and an equalized 
    assessed valuation of less than $29,000,000.
    (h) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until January 1, 1998, a 
community unit school district maintaining grades K through 12 
may issue bonds up to an amount, including existing 
indebtedness, not exceeding 27.6% of the equalized assessed 
value of the taxable property in the district, if all of the 
following conditions are met:
        (i) The school district has an equalized assessed 
    valuation for calendar year 1995 of less than $24,000,000;
        (ii) The bonds are issued for the capital improvement, 
    renovation, rehabilitation, or replacement of existing 
    school buildings of the district, all of which buildings 
    were originally constructed not less than 40 years ago;
        (iii) The voters of the district approve a proposition 
    for the issuance of the bonds at a referendum held after 
    March 19, 1996; and
        (iv) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (i) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until January 1, 1998, a 
community unit school district maintaining grades K through 12 
may issue bonds up to an amount, including existing 
indebtedness, not exceeding 27% of the equalized assessed 
value of the taxable property in the district, if all of the 
following conditions are met:
        (i) The school district has an equalized assessed 
    valuation for calendar year 1995 of less than $44,600,000;
        (ii) The bonds are issued for the capital improvement, 
    renovation, rehabilitation, or replacement of existing 
    school buildings of the district, all of which existing 
    buildings were originally constructed not less than 80 
    years ago;
        (iii) The voters of the district approve a proposition 
    for the issuance of the bonds at a referendum held after 
    December 31, 1996; and
        (iv) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (j) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until January 1, 1999, a 
community unit school district maintaining grades K through 12 
may issue bonds up to an amount, including existing 
indebtedness, not exceeding 27% of the equalized assessed 
value of the taxable property in the district if all of the 
following conditions are met:
        (i) The school district has an equalized assessed 
    valuation for calendar year 1995 of less than $140,000,000 
    and a best 3 months average daily attendance for the 
    1995-96 school year of at least 2,800;
        (ii) The bonds are issued to purchase a site and build 
    and equip a new high school, and the school district's 
    existing high school was originally constructed not less 
    than 35 years prior to the sale of the bonds;
        (iii) At the time of the sale of the bonds, the board 
    of education determines by resolution that a new high 
    school is needed because of projected enrollment 
    increases;
        (iv) At least 60% of those voting in an election held 
    after December 31, 1996 approve a proposition for the 
    issuance of the bonds; and
        (v) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (k) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section, a school district that meets 
all the criteria set forth in paragraphs (1) through (4) of 
this subsection (k) may issue bonds to incur an additional 
indebtedness in an amount not to exceed $4,000,000 even though 
the amount of the additional indebtedness authorized by this 
subsection (k), when incurred and added to the aggregate 
amount of indebtedness of the school district existing 
immediately prior to the school district incurring such 
additional indebtedness, causes the aggregate indebtedness of 
the school district to exceed or increases the amount by which 
the aggregate indebtedness of the district already exceeds the 
debt limitation otherwise applicable to that school district 
under subsection (a):
        (1) the school district is located in 2 counties, and 
    a referendum to authorize the additional indebtedness was 
    approved by a majority of the voters of the school 
    district voting on the proposition to authorize that 
    indebtedness;
        (2) the additional indebtedness is for the purpose of 
    financing a multi-purpose room addition to the existing 
    high school;
        (3) the additional indebtedness, together with the 
    existing indebtedness of the school district, shall not 
    exceed 17.4% of the value of the taxable property in the 
    school district, to be ascertained by the last assessment 
    for State and county taxes; and
        (4) the bonds evidencing the additional indebtedness 
    are issued, if at all, within 120 days of August 14, 1998 
    (the effective date of Public Act 90-757).
    (l) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until January 1, 2000, a 
school district maintaining grades kindergarten through 8 may 
issue bonds up to an amount, including existing indebtedness, 
not exceeding 15% of the equalized assessed value of the 
taxable property in the district if all of the following 
conditions are met:
        (i) the district has an equalized assessed valuation 
    for calendar year 1996 of less than $10,000,000;
        (ii) the bonds are issued for capital improvement, 
    renovation, rehabilitation, or replacement of one or more 
    school buildings of the district, which buildings were 
    originally constructed not less than 70 years ago;
        (iii) the voters of the district approve a proposition 
    for the issuance of the bonds at a referendum held on or 
    after March 17, 1998; and
        (iv) the bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (m) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until January 1, 1999, an 
elementary school district maintaining grades K through 8 may 
issue bonds up to an amount, excluding existing indebtedness, 
not exceeding 18% of the equalized assessed value of the 
taxable property in the district, if all of the following 
conditions are met:
        (i) The school district has an equalized assessed 
    valuation for calendar year 1995 or less than $7,700,000;
        (ii) The school district operates 2 elementary 
    attendance centers that until 1976 were operated as the 
    attendance centers of 2 separate and distinct school 
    districts;
        (iii) The bonds are issued for the construction of a 
    new elementary school building to replace an existing 
    multi-level elementary school building of the school 
    district that is not accessible at all levels and parts of 
    which were constructed more than 75 years ago;
        (iv) The voters of the school district approve a 
    proposition for the issuance of the bonds at a referendum 
    held after July 1, 1998; and
        (v) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (n) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section or any other provisions of this 
Section or of any other law, a school district that meets all 
of the criteria set forth in paragraphs (i) through (vi) of 
this subsection (n) may incur additional indebtedness by the 
issuance of bonds in an amount not exceeding the amount 
certified by the Capital Development Board to the school 
district as provided in paragraph (iii) of this subsection 
(n), even though the amount of the additional indebtedness so 
authorized, when incurred and added to the aggregate amount of 
indebtedness of the district existing immediately prior to the 
district incurring the additional indebtedness authorized by 
this subsection (n), causes the aggregate indebtedness of the 
district to exceed the debt limitation otherwise applicable by 
law to that district:
        (i) The school district applies to the State Board of 
    Education for a school construction project grant and 
    submits a district facilities plan in support of its 
    application pursuant to Section 5-20 of the School 
    Construction Law.
        (ii) The school district's application and facilities 
    plan are approved by, and the district receives a grant 
    entitlement for a school construction project issued by, 
    the State Board of Education under the School Construction 
    Law.
        (iii) The school district has exhausted its bonding 
    capacity or the unused bonding capacity of the district is 
    less than the amount certified by the Capital Development 
    Board to the district under Section 5-15 of the School 
    Construction Law as the dollar amount of the school 
    construction project's cost that the district will be 
    required to finance with non-grant funds in order to 
    receive a school construction project grant under the 
    School Construction Law.
        (iv) The bonds are issued for a "school construction 
    project", as that term is defined in Section 5-5 of the 
    School Construction Law, in an amount that does not exceed 
    the dollar amount certified, as provided in paragraph 
    (iii) of this subsection (n), by the Capital Development 
    Board to the school district under Section 5-15 of the 
    School Construction Law.
        (v) The voters of the district approve a proposition 
    for the issuance of the bonds at a referendum held after 
    the criteria specified in paragraphs (i) and (iii) of this 
    subsection (n) are met.
        (vi) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of the School Code.
    (o) Notwithstanding any other provisions of this Section 
or the provisions of any other law, until November 1, 2007, a 
community unit school district maintaining grades K through 12 
may issue bonds up to an amount, including existing 
indebtedness, not exceeding 20% of the equalized assessed 
value of the taxable property in the district if all of the 
following conditions are met:
        (i) the school district has an equalized assessed 
    valuation for calendar year 2001 of at least $737,000,000 
    and an enrollment for the 2002-2003 school year of at 
    least 8,500;
        (ii) the bonds are issued to purchase school sites, 
    build and equip a new high school, build and equip a new 
    junior high school, build and equip 5 new elementary 
    schools, and make technology and other improvements and 
    additions to existing schools;
        (iii) at the time of the sale of the bonds, the board 
    of education determines by resolution that the sites and 
    new or improved facilities are needed because of projected 
    enrollment increases;
        (iv) at least 57% of those voting in a general 
    election held prior to January 1, 2003 approved a 
    proposition for the issuance of the bonds; and
        (v) the bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code.
    (p) Notwithstanding any other provisions of this Section 
or the provisions of any other law, a community unit school 
district maintaining grades K through 12 may issue bonds up to 
an amount, including indebtedness, not exceeding 27% of the 
equalized assessed value of the taxable property in the 
district if all of the following conditions are met:
        (i) The school district has an equalized assessed 
    valuation for calendar year 2001 of at least $295,741,187 
    and a best 3 months' average daily attendance for the 
    2002-2003 school year of at least 2,394.
        (ii) The bonds are issued to build and equip 3 
    elementary school buildings; build and equip one middle 
    school building; and alter, repair, improve, and equip all 
    existing school buildings in the district.
        (iii) At the time of the sale of the bonds, the board 
    of education determines by resolution that the project is 
    needed because of expanding growth in the school district 
    and a projected enrollment increase.
        (iv) The bonds are issued pursuant to Sections 19-2 
    through 19-7 of this Code. 
    (p-5) Notwithstanding any other provisions of this Section 
or the provisions of any other law, bonds issued by a community 
unit school district maintaining grades K through 12 shall not 
be considered indebtedness for purposes of any statutory 
limitation and may be issued in an amount or amounts, 
including existing indebtedness, in excess of any heretofore 
or hereafter imposed statutory limitation as to indebtedness, 
if all of the following conditions are met:
        (i) For each of the 4 most recent years, residential 
    property comprises more than 80% of the equalized assessed 
    valuation of the district.
        (ii) At least 2 school buildings that were constructed 
    40 or more years prior to the issuance of the bonds will be 
    demolished and will be replaced by new buildings or 
    additions to one or more existing buildings.
        (iii) Voters of the district approve a proposition for 
    the issuance of the bonds at a regularly scheduled 
    election.
        (iv) At the time of the sale of the bonds, the school 
    board determines by resolution that the new buildings or 
    building additions are needed because of an increase in 
    enrollment projected by the school board.
        (v) The principal amount of the bonds, including 
    existing indebtedness, does not exceed 25% of the 
    equalized assessed value of the taxable property in the 
    district.
        (vi) The bonds are issued prior to January 1, 2007, 
    pursuant to Sections 19-2 through 19-7 of this Code. 
    (p-10) Notwithstanding any other provisions of this 
Section or the provisions of any other law, bonds issued by a 
community consolidated school district maintaining grades K 
through 8 shall not be considered indebtedness for purposes of 
any statutory limitation and may be issued in an amount or 
amounts, including existing indebtedness, in excess of any 
heretofore or hereafter imposed statutory limitation as to 
indebtedness, if all of the following conditions are met:
        (i) For each of the 4 most recent years, residential 
    and farm property comprises more than 80% of the equalized 
    assessed valuation of the district.
        (ii) The bond proceeds are to be used to acquire and 
    improve school sites and build and equip a school 
    building.
        (iii) Voters of the district approve a proposition for 
    the issuance of the bonds at a regularly scheduled 
    election.
        (iv) At the time of the sale of the bonds, the school 
    board determines by resolution that the school sites and 
    building additions are needed because of an increase in 
    enrollment projected by the school board.
        (v) The principal amount of the bonds, including 
    existing indebtedness, does not exceed 20% of the 
    equalized assessed value of the taxable property in the 
    district.
        (vi) The bonds are issued prior to January 1, 2007, 
    pursuant to Sections 19-2 through 19-7 of this Code. 
    (p-15) In addition to all other authority to issue bonds, 
the Oswego Community Unit School District Number 308 may issue 
bonds with an aggregate principal amount not to exceed 
$450,000,000, but only if all of the following conditions are 
met:
        (i) The voters of the district have approved a 
    proposition for the bond issue at the general election 
    held on November 7, 2006.
        (ii) At the time of the sale of the bonds, the school 
    board determines, by resolution, that: (A) the building 
    and equipping of the new high school building, new junior 
    high school buildings, new elementary school buildings, 
    early childhood building, maintenance building, 
    transportation facility, and additions to existing school 
    buildings, the altering, repairing, equipping, and 
    provision of technology improvements to existing school 
    buildings, and the acquisition and improvement of school 
    sites, as the case may be, are required as a result of a 
    projected increase in the enrollment of students in the 
    district; and (B) the sale of bonds for these purposes is 
    authorized by legislation that exempts the debt incurred 
    on the bonds from the district's statutory debt 
    limitation. 
        (iii) The bonds are issued, in one or more bond 
    issues, on or before November 7, 2011, but the aggregate 
    principal amount issued in all such bond issues combined 
    must not exceed $450,000,000. 
        (iv) The bonds are issued in accordance with this 
    Article 19.
        (v) The proceeds of the bonds are used only to 
    accomplish those projects approved by the voters at the 
    general election held on November 7, 2006.
The debt incurred on any bonds issued under this subsection 
(p-15) shall not be considered indebtedness for purposes of 
any statutory debt limitation. 
    (p-20) In addition to all other authority to issue bonds, 
the Lincoln-Way Community High School District Number 210 may 
issue bonds with an aggregate principal amount not to exceed 
$225,000,000, but only if all of the following conditions are 
met:
        (i) The voters of the district have approved a 
    proposition for the bond issue at the general primary 
    election held on March 21, 2006.
        (ii) At the time of the sale of the bonds, the school 
    board determines, by resolution, that: (A) the building 
    and equipping of the new high school buildings, the 
    altering, repairing, and equipping of existing school 
    buildings, and the improvement of school sites, as the 
    case may be, are required as a result of a projected 
    increase in the enrollment of students in the district; 
    and (B) the sale of bonds for these purposes is authorized 
    by legislation that exempts the debt incurred on the bonds 
    from the district's statutory debt limitation. 
        (iii) The bonds are issued, in one or more bond 
    issues, on or before March 21, 2011, but the aggregate 
    principal amount issued in all such bond issues combined 
    must not exceed $225,000,000. 
        (iv) The bonds are issued in accordance with this 
    Article 19.
        (v) The proceeds of the bonds are used only to 
    accomplish those projects approved by the voters at the 
    primary election held on March 21, 2006.
The debt incurred on any bonds issued under this subsection 
(p-20) shall not be considered indebtedness for purposes of 
any statutory debt limitation. 
    (p-25) In addition to all other authority to issue bonds, 
Rochester Community Unit School District 3A may issue bonds 
with an aggregate principal amount not to exceed $18,500,000, 
but only if all of the following conditions are met:
        (i) The voters of the district approve a proposition 
    for the bond issuance at the general primary election held 
    in 2008. 
        (ii) At the time of the sale of the bonds, the school 
    board determines, by resolution, that: (A) the building 
    and equipping of a new high school building; the addition 
    of classrooms and support facilities at the high school, 
    middle school, and elementary school; the altering, 
    repairing, and equipping of existing school buildings; and 
    the improvement of school sites, as the case may be, are 
    required as a result of a projected increase in the 
    enrollment of students in the district; and (B) the sale 
    of bonds for these purposes is authorized by a law that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (iii) The bonds are issued, in one or more bond 
    issues, on or before December 31, 2012, but the aggregate 
    principal amount issued in all such bond issues combined 
    must not exceed $18,500,000.
        (iv) The bonds are issued in accordance with this 
    Article 19.
        (v) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at the primary 
    election held in 2008. 
The debt incurred on any bonds issued under this subsection 
(p-25) shall not be considered indebtedness for purposes of 
any statutory debt limitation. 
    (p-30) In addition to all other authority to issue bonds, 
Prairie Grove Consolidated School District 46 may issue bonds 
with an aggregate principal amount not to exceed $30,000,000, 
but only if all of the following conditions are met:
        (i) The voters of the district approve a proposition 
    for the bond issuance at an election held in 2008. 
        (ii) At the time of the sale of the bonds, the school 
    board determines, by resolution, that (A) the building and 
    equipping of a new school building and additions to 
    existing school buildings are required as a result of a 
    projected increase in the enrollment of students in the 
    district and (B) the altering, repairing, and equipping of 
    existing school buildings are required because of the age 
    of the existing school buildings. 
        (iii) The bonds are issued, in one or more bond 
    issuances, on or before December 31, 2012; however, the 
    aggregate principal amount issued in all such bond 
    issuances combined must not exceed $30,000,000. 
        (iv) The bonds are issued in accordance with this 
    Article. 
        (v) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held in 2008. 
The debt incurred on any bonds issued under this subsection 
(p-30) shall not be considered indebtedness for purposes of 
any statutory debt limitation. 
    (p-35) In addition to all other authority to issue bonds, 
Prairie Hill Community Consolidated School District 133 may 
issue bonds with an aggregate principal amount not to exceed 
$13,900,000, but only if all of the following conditions are 
met:
        (i) The voters of the district approved a proposition 
    for the bond issuance at an election held on April 17, 
    2007. 
        (ii) At the time of the sale of the bonds, the school 
    board determines, by resolution, that (A) the improvement 
    of the site of and the building and equipping of a school 
    building are required as a result of a projected increase 
    in the enrollment of students in the district and (B) the 
    repairing and equipping of the Prairie Hill Elementary 
    School building is required because of the age of that 
    school building. 
        (iii) The bonds are issued, in one or more bond 
    issuances, on or before December 31, 2011, but the 
    aggregate principal amount issued in all such bond 
    issuances combined must not exceed $13,900,000. 
        (iv) The bonds are issued in accordance with this 
    Article. 
        (v) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on April 17, 2007. 
The debt incurred on any bonds issued under this subsection 
(p-35) shall not be considered indebtedness for purposes of 
any statutory debt limitation. 
    (p-40) In addition to all other authority to issue bonds, 
Mascoutah Community Unit District 19 may issue bonds with an 
aggregate principal amount not to exceed $55,000,000, but only 
if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at a regular election held on or 
    after November 4, 2008.
        (2) At the time of the sale of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new high school building is required as a 
    result of a projected increase in the enrollment of 
    students in the district and the age and condition of the 
    existing high school building, (ii) the existing high 
    school building will be demolished, and (iii) the sale of 
    bonds is authorized by statute that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation.
        (3) The bonds are issued, in one or more bond 
    issuances, on or before December 31, 2011, but the 
    aggregate principal amount issued in all such bond 
    issuances combined must not exceed $55,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at a regular 
    election held on or after November 4, 2008.
    The debt incurred on any bonds issued under this 
subsection (p-40) shall not be considered indebtedness for 
purposes of any statutory debt limitation. 
    (p-45) Notwithstanding the provisions of subsection (a) of 
this Section or of any other law, bonds issued pursuant to 
Section 19-3.5 of this Code shall not be considered 
indebtedness for purposes of any statutory limitation if the 
bonds are issued in an amount or amounts, including existing 
indebtedness of the school district, not in excess of 18.5% of 
the value of the taxable property in the district to be 
ascertained by the last assessment for State and county taxes. 
    (p-50) Notwithstanding the provisions of subsection (a) of 
this Section or of any other law, bonds issued pursuant to 
Section 19-3.10 of this Code shall not be considered 
indebtedness for purposes of any statutory limitation if the 
bonds are issued in an amount or amounts, including existing 
indebtedness of the school district, not in excess of 43% of 
the value of the taxable property in the district to be 
ascertained by the last assessment for State and county taxes. 
    (p-55) In addition to all other authority to issue bonds, 
Belle Valley School District 119 may issue bonds with an 
aggregate principal amount not to exceed $47,500,000, but only 
if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    7, 2009.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of mine subsidence in an existing school building and 
    because of the age and condition of another existing 
    school building and (ii) the issuance of bonds is 
    authorized by statute that exempts the debt incurred on 
    the bonds from the district's statutory debt limitation.
        (3) The bonds are issued, in one or more bond 
    issuances, on or before March 31, 2014, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $47,500,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after April 7, 2009.
    The debt incurred on any bonds issued under this 
subsection (p-55) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-55) must mature within not to exceed 30 
years from their date, notwithstanding any other law to the 
contrary. 
    (p-60) In addition to all other authority to issue bonds, 
Wilmington Community Unit School District Number 209-U may 
issue bonds with an aggregate principal amount not to exceed 
$2,285,000, but only if all of the following conditions are 
met:
        (1) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at the general 
    primary election held on March 21, 2006.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the projects 
    approved by the voters were and are required because of 
    the age and condition of the school district's prior and 
    existing school buildings and (ii) the issuance of the 
    bonds is authorized by legislation that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation.
        (3) The bonds are issued in one or more bond issuances 
    on or before March 1, 2011, but the aggregate principal 
    amount issued in all those bond issuances combined must 
    not exceed $2,285,000.
        (4) The bonds are issued in accordance with this 
    Article.
    The debt incurred on any bonds issued under this 
subsection (p-60) shall not be considered indebtedness for 
purposes of any statutory debt limitation. 
    (p-65) In addition to all other authority to issue bonds, 
West Washington County Community Unit School District 10 may 
issue bonds with an aggregate principal amount not to exceed 
$32,200,000 and maturing over a period not exceeding 25 years, 
but only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after 
    February 2, 2010.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (A) all or a portion 
    of the existing Okawville Junior/Senior High School 
    Building will be demolished; (B) the building and 
    equipping of a new school building to be attached to and 
    the alteration, repair, and equipping of the remaining 
    portion of the Okawville Junior/Senior High School 
    Building is required because of the age and current 
    condition of that school building; and (C) the issuance of 
    bonds is authorized by a statute that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation.
        (3) The bonds are issued, in one or more bond 
    issuances, on or before March 31, 2014, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $32,200,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after February 2, 2010.
    The debt incurred on any bonds issued under this 
subsection (p-65) shall not be considered indebtedness for 
purposes of any statutory debt limitation. 
    (p-70) In addition to all other authority to issue bonds, 
Cahokia Community Unit School District 187 may issue bonds 
with an aggregate principal amount not to exceed $50,000,000, 
but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after 
    November 2, 2010.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of the age and condition of an existing school building 
    and (ii) the issuance of bonds is authorized by a statute 
    that exempts the debt incurred on the bonds from the 
    district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, on 
    or before July 1, 2016, but the aggregate principal amount 
    issued in all such bond issuances combined must not exceed 
    $50,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after November 2, 2010.
    The debt incurred on any bonds issued under this 
subsection (p-70) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-70) must mature within not to exceed 25 
years from their date, notwithstanding any other law, 
including Section 19-3 of this Code, to the contrary. 
    (p-75) Notwithstanding the debt limitation prescribed in 
subsection (a) of this Section or any other provisions of this 
Section or of any other law, the execution of leases on or 
after January 1, 2007 and before July 1, 2011 by the Board of 
Education of Peoria School District 150 with a public building 
commission for leases entered into pursuant to the Public 
Building Commission Act shall not be considered indebtedness 
for purposes of any statutory debt limitation. 
    This subsection (p-75) applies only if the State Board of 
Education or the Capital Development Board makes one or more 
grants to Peoria School District 150 pursuant to the School 
Construction Law. The amount exempted from the debt limitation 
as prescribed in this subsection (p-75) shall be no greater 
than the amount of one or more grants awarded to Peoria School 
District 150 by the State Board of Education or the Capital 
Development Board.
    (p-80) In addition to all other authority to issue bonds, 
Ridgeland School District 122 may issue bonds with an 
aggregate principal amount not to exceed $50,000,000 for the 
purpose of refunding or continuing to refund bonds originally 
issued pursuant to voter approval at the general election held 
on November 7, 2000, and the debt incurred on any bonds issued 
under this subsection (p-80) shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-80) may be issued in one 
or more issuances and must mature within not to exceed 25 years 
from their date, notwithstanding any other law, including 
Section 19-3 of this Code, to the contrary. 
    (p-85) In addition to all other authority to issue bonds, 
Hall High School District 502 may issue bonds with an 
aggregate principal amount not to exceed $32,000,000, but only 
if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    9, 2013.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of the age and condition of an existing school building, 
    (ii) the existing school building should be demolished in 
    its entirety or the existing school building should be 
    demolished except for the 1914 west wing of the building, 
    and (iii) the issuance of bonds is authorized by a statute 
    that exempts the debt incurred on the bonds from the 
    district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $32,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after April 9, 2013.
    The debt incurred on any bonds issued under this 
subsection (p-85) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-85) must mature within not to exceed 30 
years from their date, notwithstanding any other law, 
including Section 19-3 of this Code, to the contrary. 
    (p-90) In addition to all other authority to issue bonds, 
Lebanon Community Unit School District 9 may issue bonds with 
an aggregate principal amount not to exceed $7,500,000, but 
only if all of the following conditions are met:
        (1) The voters of the district approved a proposition 
    for the bond issuance at the general primary election on 
    February 2, 2010.
        (2) At or prior to the time of the sale of the bonds, 
    the school board determines, by resolution, that (i) the 
    building and equipping of a new elementary school building 
    is required as a result of a projected increase in the 
    enrollment of students in the district and the age and 
    condition of the existing Lebanon Elementary School 
    building, (ii) a portion of the existing Lebanon 
    Elementary School building will be demolished and the 
    remaining portion will be altered, repaired, and equipped, 
    and (iii) the sale of bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (3) The bonds are issued, in one or more bond 
    issuances, on or before April 1, 2014, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $7,500,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at the general 
    primary election held on February 2, 2010.
    The debt incurred on any bonds issued under this 
subsection (p-90) shall not be considered indebtedness for 
purposes of any statutory debt limitation. 
    (p-95) In addition to all other authority to issue bonds, 
Monticello Community Unit School District 25 may issue bonds 
with an aggregate principal amount not to exceed $35,000,000, 
but only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after 
    November 4, 2014.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of the age and condition of an existing school building 
    and (ii) the issuance of bonds is authorized by a statute 
    that exempts the debt incurred on the bonds from the 
    district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, on 
    or before July 1, 2020, but the aggregate principal amount 
    issued in all such bond issuances combined must not exceed 
    $35,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after November 4, 2014.
    The debt incurred on any bonds issued under this 
subsection (p-95) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-95) must mature within not to exceed 25 
years from their date, notwithstanding any other law, 
including Section 19-3 of this Code, to the contrary. 
    (p-100) In addition to all other authority to issue bonds, 
the community unit school district created in the territory 
comprising Milford Community Consolidated School District 280 
and Milford Township High School District 233, as approved at 
the general primary election held on March 18, 2014, may issue 
bonds with an aggregate principal amount not to exceed 
$17,500,000, but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after 
    November 4, 2014.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of the age and condition of an existing school building 
    and (ii) the issuance of bonds is authorized by a statute 
    that exempts the debt incurred on the bonds from the 
    district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, on 
    or before July 1, 2020, but the aggregate principal amount 
    issued in all such bond issuances combined must not exceed 
    $17,500,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after November 4, 2014.
    The debt incurred on any bonds issued under this 
subsection (p-100) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-100) must mature within not to exceed 25 
years from their date, notwithstanding any other law, 
including Section 19-3 of this Code, to the contrary. 
    (p-105) In addition to all other authority to issue bonds, 
North Shore School District 112 may issue bonds with an 
aggregate principal amount not to exceed $150,000,000, but 
only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    15, 2016.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of new buildings and improving the sites thereof 
    and the building and equipping of additions to, altering, 
    repairing, equipping, and renovating existing buildings 
    and improving the sites thereof are required as a result 
    of the age and condition of the district's existing 
    buildings and (ii) the issuance of bonds is authorized by 
    a statute that exempts the debt incurred on the bonds from 
    the district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $150,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after March 15, 2016. 
    The debt incurred on any bonds issued under this 
subsection (p-105) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-105) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 30 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-110) In addition to all other authority to issue bonds, 
Sandoval Community Unit School District 501 may issue bonds 
with an aggregate principal amount not to exceed $2,000,000, 
but only if all of the following conditions are met:
        (1) The voters of the district approved a proposition 
    for the bond issuance at an election held on March 20, 
    2012.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of a new school building is required because of 
    the age and current condition of the Sandoval Elementary 
    School building and (ii) the issuance of bonds is 
    authorized by a statute that exempts the debt incurred on 
    the bonds from the district's statutory debt limitation.
        (3) The bonds are issued, in one or more bond 
    issuances, on or before March 19, 2022, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $2,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at the election 
    held on March 20, 2012.
    The debt incurred on any bonds issued under this 
subsection (p-110) and on any bonds issued to refund or 
continue to refund the bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
    (p-115) In addition to all other authority to issue bonds, 
Bureau Valley Community Unit School District 340 may issue 
bonds with an aggregate principal amount not to exceed 
$25,000,000, but only if all of the following conditions are 
met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    15, 2016.
        (2) Prior to the issuances of the bonds, the school 
    board determines, by resolution, that (i) the renovating 
    and equipping of some existing school buildings, the 
    building and equipping of new school buildings, and the 
    demolishing of some existing school buildings are required 
    as a result of the age and condition of existing school 
    buildings and (ii) the issuance of bonds is authorized by 
    a statute that exempts the debt incurred on the bonds from 
    the district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, on 
    or before July 1, 2021, but the aggregate principal amount 
    issued in all such bond issuances combined must not exceed 
    $25,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after March 15, 2016.
    The debt incurred on any bonds issued under this 
subsection (p-115) shall not be considered indebtedness for 
purposes of any statutory debt limitation. Bonds issued under 
this subsection (p-115) must mature within not to exceed 30 
years from their date, notwithstanding any other law, 
including Section 19-3 of this Code, to the contrary. 
    (p-120) In addition to all other authority to issue bonds, 
Paxton-Buckley-Loda Community Unit School District 10 may 
issue bonds with an aggregate principal amount not to exceed 
$28,500,000, but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after 
    November 8, 2016.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the projects as 
    described in said proposition, relating to the building 
    and equipping of one or more school buildings or additions 
    to existing school buildings, are required as a result of 
    the age and condition of the District's existing buildings 
    and (ii) the issuance of bonds is authorized by a statute 
    that exempts the debt incurred on the bonds from the 
    district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $28,500,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after November 8, 2016.
    The debt incurred on any bonds issued under this 
subsection (p-120) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-120) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-125) In addition to all other authority to issue bonds, 
Hillsboro Community Unit School District 3 may issue bonds 
with an aggregate principal amount not to exceed $34,500,000, 
but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    15, 2016.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) altering, 
    repairing, and equipping the high school 
    agricultural/vocational building, demolishing the high 
    school main, cafeteria, and gym buildings, building and 
    equipping a school building, and improving sites are 
    required as a result of the age and condition of the 
    district's existing buildings and (ii) the issuance of 
    bonds is authorized by a statute that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $34,500,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after March 15, 2016.
    The debt incurred on any bonds issued under this 
subsection (p-125) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-125) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-130) In addition to all other authority to issue bonds, 
Waltham Community Consolidated School District 185 may incur 
indebtedness in an aggregate principal amount not to exceed 
$9,500,000 to build and equip a new school building and 
improve the site thereof, but only if all the following 
conditions are met:
        (1) A majority of the voters of the district voting on 
    an advisory question voted in favor of the question 
    regarding the use of funding sources to build a new school 
    building without increasing property tax rates at the 
    general election held on November 8, 2016.
        (2) Prior to incurring the debt, the school board 
    enters into intergovernmental agreements with the City of 
    LaSalle to pledge moneys in a special tax allocation fund 
    associated with tax increment financing districts LaSalle 
    I and LaSalle III and with the Village of Utica to pledge 
    moneys in a special tax allocation fund associated with 
    tax increment financing district Utica I for the purposes 
    of repaying the debt issued pursuant to this subsection 
    (p-130). Notwithstanding any other provision of law to the 
    contrary, the intergovernmental agreement may extend these 
    tax increment financing districts as necessary to ensure 
    repayment of the debt.
        (3) Prior to incurring the debt, the school board 
    determines, by resolution, that (i) the building and 
    equipping of a new school building is required as a result 
    of the age and condition of the district's existing 
    buildings and (ii) the debt is authorized by a statute 
    that exempts the debt from the district's statutory debt 
    limitation.
        (4) The debt is incurred, in one or more issuances, 
    not later than January 1, 2021, and the aggregate 
    principal amount of debt issued in all such issuances 
    combined must not exceed $9,500,000.
    The debt incurred under this subsection (p-130) and on any 
bonds issued to pay, refund, or continue to refund such debt 
shall not be considered indebtedness for purposes of any 
statutory debt limitation. Debt issued under this subsection 
(p-130) and any bonds issued to pay, refund, or continue to 
refund such debt must mature within not to exceed 25 years from 
their date, notwithstanding any other law, including Section 
19-11 of this Code and subsection (b) of Section 17 of the 
Local Government Debt Reform Act, to the contrary.
    (p-133) Notwithstanding the provisions of subsection (a) 
of this Section or of any other law, bonds heretofore or 
hereafter issued by East Prairie School District 73 with an 
aggregate principal amount not to exceed $47,353,147 and 
approved by the voters of the district at the general election 
held on November 8, 2016, and any bonds issued to refund or 
continue to refund the bonds, shall not be considered 
indebtedness for the purposes of any statutory debt limitation 
and may mature within not to exceed 25 years from their date, 
notwithstanding any other law, including Section 19-3 of this 
Code, to the contrary. 
    (p-135) In addition to all other authority to issue bonds, 
Brookfield LaGrange Park School District Number 95 may issue 
bonds with an aggregate principal amount not to exceed 
$20,000,000, but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    4, 2017. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the additions 
    and renovations to the Brook Park Elementary and S. E. 
    Gross Middle School buildings are required to accommodate 
    enrollment growth, replace outdated facilities, and create 
    spaces consistent with 21st century learning and (ii) the 
    issuance of the bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $20,000,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after April 4, 2017. 
    The debt incurred on any bonds issued under this 
subsection (p-135) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
    (p-140) The debt incurred on any bonds issued by Wolf 
Branch School District 113 under Section 17-2.11 of this Code 
for the purpose of repairing or replacing all or a portion of a 
school building that has been damaged by mine subsidence in an 
aggregate principal amount not to exceed $17,500,000 and on 
any bonds issued to refund or continue to refund those bonds 
shall not be considered indebtedness for purposes of any 
statutory debt limitation and must mature no later than 25 
years from the date of issuance, notwithstanding any other 
provision of law to the contrary, including Section 19-3 of 
this Code. The maximum allowable amount of debt exempt from 
statutory debt limitations under this subsection (p-140) shall 
be reduced by an amount equal to any grants awarded by the 
State Board of Education or Capital Development Board for the 
explicit purpose of repairing or reconstructing a school 
building damaged by mine subsidence. 
    (p-145) In addition to all other authority to issue bonds, 
Greenview Community Unit School District 200 may issue bonds 
with an aggregate principal amount not to exceed $3,500,000, 
but only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on March 17, 
    2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the bonding is 
    necessary for construction and expansion of the district's 
    kindergarten through grade 12 facility.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $3,500,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-145) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-145) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-150) In addition to all other authority to issue bonds, 
Komarek School District 94 may issue bonds with an aggregate 
principal amount not to exceed $20,800,000, but only if all of 
the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) building and 
    equipping additions to, altering, repairing, equipping, or 
    demolishing a portion of, or improving the site of the 
    district's existing school building is required as a 
    result of the age and condition of the existing building 
    and (ii) the issuance of the bonds is authorized by a 
    statute that exempts the debt incurred on the bonds from 
    the district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, no 
    later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all of the bond issuances 
    combined may not exceed $20,800,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at an election 
    held on or after March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-150) and on any bonds issued to refund or 
continue to refund those bonds may not be considered 
indebtedness for purposes of any statutory debt limitation. 
Notwithstanding any other law to the contrary, including 
Section 19-3, bonds issued under this subsection (p-150) and 
any bonds issued to refund or continue to refund those bonds 
must mature within 30 years from their date of issuance. 
    (p-155) In addition to all other authority to issue bonds, 
Williamsville Community Unit School District 15 may issue 
bonds with an aggregate principal amount not to exceed 
$40,000,000, but only if all of the following conditions are 
met:
        (1) The voters of the school district approve a 
    proposition for the bond issuance at an election held on 
    March 17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age and condition of the 
    school district's existing school buildings.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $40,000,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-155) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-155) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-160) In addition to all other authority to issue bonds, 
Berkeley School District 87 may issue bonds with an aggregate 
principal amount not to exceed $105,000,000, but only if all 
of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at the general primary election held 
    on March 17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) building and 
    equipping a school building to replace the Sunnyside 
    Intermediate and MacArthur Middle School buildings; 
    building and equipping additions to and altering, 
    repairing, and equipping the Riley Intermediate and 
    Northlake Middle School buildings; altering, repairing, 
    and equipping the Whittier Primary and Jefferson Primary 
    School buildings; improving sites; renovating 
    instructional spaces; providing STEM (science, technology, 
    engineering, and mathematics) labs; and constructing life 
    safety, security, and infrastructure improvements are 
    required to replace outdated facilities and to provide 
    safe spaces consistent with 21st century learning and (ii) 
    the issuance of bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $105,000,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only those projects approved by the voters at the general 
    primary election held on March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-160) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
    (p-165) In addition to all other authority to issue bonds, 
Elmwood Park Community Unit School District 401 may issue 
bonds with an aggregate principal amount not to exceed 
$55,000,000, but only if all of the following conditions are 
met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the building and 
    equipping of an addition to the John Mills Elementary 
    School building; the renovating, altering, repairing, and 
    equipping of the John Mills and Elmwood Elementary School 
    buildings; the installation of safety and security 
    improvements; and the improvement of school sites are 
    required as a result of the age and condition of the 
    district's existing school buildings and (ii) the issuance 
    of bonds is authorized by a statute that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $55,000,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-165) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-165) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-170) In addition to all other authority to issue bonds, 
Maroa-Forsyth Community Unit School District 2 may issue bonds 
with an aggregate principal amount not to exceed $33,000,000, 
but only if all of the following conditions are met:
        (1) The voters of the school district approve a 
    proposition for the bond issuance at an election held on 
    March 17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age and condition of the 
    school district's existing school buildings.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $33,000,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-170) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-170) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-175) In addition to all other authority to issue bonds, 
Schiller Park School District 81 may issue bonds with an 
aggregate principal amount not to exceed $30,000,000, but only 
if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after March 
    17, 2020.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) building and 
    equipping a school building to replace the Washington 
    Elementary School building, installing fire suppression 
    systems, security systems, and federal Americans with 
    Disability Act of 1990 compliance measures, acquiring 
    land, and improving the site are required to accommodate 
    enrollment growth, replace an outdated facility, and 
    create spaces consistent with 21st century learning and 
    (ii) the issuance of bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $30,000,000. 
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after March 17, 2020.
    The debt incurred on any bonds issued under this 
subsection (p-175) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-175) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 27 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-180) In addition to all other authority to issue bonds, 
Iroquois County Community Unit School District 9 may issue 
bonds with an aggregate principal amount not to exceed 
$17,125,000, but only if all of the following conditions are 
met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    6, 2021.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) building and 
    equipping a new school building in the City of Watseka; 
    altering, repairing, renovating, and equipping portions of 
    the existing facilities of the district; and making site 
    improvements is necessary because of the age and condition 
    of the district's existing school facilities and (ii) the 
    issuance of bonds is authorized by a statute that exempts 
    the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $17,125,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after April 6, 2021.
    The debt incurred on any bonds issued under this 
subsection (p-180) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-180) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-185) In addition to all other authority to issue bonds, 
Field Community Consolidated School District 3 may issue bonds 
with an aggregate principal amount not to exceed $2,600,000, 
but only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    6, 2021.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) it is necessary 
    to alter, repair, renovate, and equip the existing 
    facilities of the district, including, but not limited to, 
    roof replacement, lighting replacement, electrical 
    upgrades, restroom repairs, and gym renovations, and make 
    site improvements because of the age and condition of the 
    district's existing school facilities and (ii) the 
    issuance of bonds is authorized by a statute that exempts 
    the debt incurred on the bonds from the district's 
    statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $2,600,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after April 6, 2021.
    The debt incurred on any bonds issued under this 
subsection (p-185) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-185) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-190) In addition to all other authority to issue bonds, 
Mahomet-Seymour Community Unit School District 3 may issue 
bonds with an aggregate principal amount not to exceed 
$97,900,000, but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) it is necessary 
    to build and equip a new junior high school building, 
    build and equip a new transportation building, and build 
    and equip additions to, renovate, and make site 
    improvements at the Lincoln Trail Elementary building, 
    Middletown Prairie Elementary building, and 
    Mahomet-Seymour High School building and (ii) the issuance 
    of bonds is authorized by a statute that exempts the debt 
    incurred on the bonds from the district's statutory debt 
    limitation. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $97,900,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022. 
    The debt incurred on any bonds issued under this 
subsection (p-190) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-190) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-195) In addition to all other authority to issue bonds, 
New Berlin Community Unit School District 16 may issue bonds 
with an aggregate principal amount not to exceed $23,500,000, 
but only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) it is necessary 
    to alter, repair, and equip the junior/senior high school 
    building, including creating new classroom, gym, and other 
    instructional spaces, renovating the J.V. Kirby Pretzel 
    Dome, improving heating, cooling, and ventilation systems, 
    installing school safety and security improvements, 
    removing asbestos, and making site improvements, and (ii) 
    the issuance of bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $23,500,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022. 
    The debt incurred on any bonds issued under this 
subsection (p-195) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-195) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-200) In addition to all other authority to issue bonds, 
Highland Community Unit School District 5 may issue bonds with 
an aggregate principal amount not to exceed $40,000,000, but 
only if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) it is necessary 
    to improve the sites of, build, and equip a new primary 
    school building and build and equip additions to and 
    alter, repair, and equip existing school buildings and 
    (ii) the issuance of bonds is authorized by a statute that 
    exempts the debt incurred on the bonds from the district's 
    statutory debt limitation. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $40,000,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022. 
    The debt incurred on any bonds issued under this 
subsection (p-200) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-200) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-205) In addition to all other authority to issue bonds, 
Sullivan Community Unit School District 300 may issue bonds 
with an aggregate principal amount not to exceed $25,000,000, 
but only if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) the projects set 
    forth in the proposition for the issuance of the bonds are 
    required because of the age, condition, or capacity of the 
    school district's existing school buildings and (ii) the 
    issuance of bonds is authorized by a statute that exempts 
    the debt incurred on the bonds from the district's 
    statutory debt limitation. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $25,000,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022. 
    The debt incurred on any bonds issued under this 
subsection (p-205) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-205) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-210) In addition to all other authority to issue bonds, 
Manhattan School District 114 may issue bonds with an 
aggregate principal amount not to exceed $85,000,000, but only 
if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age, condition, or capacity of 
    the school district's existing school buildings. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuances of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $85,000,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022. 
    The debt incurred on any bonds issued under this 
subsection (p-210) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-210) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 30 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary.
    (p-215) In addition to all other authority to issue bonds, 
Golf Elementary School District 67 may issue bonds with an 
aggregate principal amount not to exceed $56,000,000, but only 
if all of the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after June 
    28, 2022.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that (i) it is necessary 
    to build and equip a new school building and improve the 
    site thereof and (ii) the issuance of bonds is authorized 
    by a statute that exempts the debt incurred on the bonds 
    from the district's statutory debt limitation.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $56,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after June 28, 2022.
    The debt incurred on any bonds issued under this 
subsection (p-215) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-215) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary.
    (p-220) In addition to all other authority to issue bonds, 
Joliet Public Schools District 86 may issue bonds with an 
aggregate principal amount not to exceed $99,500,000, but only 
if all the following conditions are met:
        (1) The voters of the district approve a proposition 
    for the bond issuance at an election held on or after April 
    4, 2023. 
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age and condition of the 
    school district's existing school buildings. 
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $99,500,000. 
        (4) The bonds are issued in accordance with this 
    Article. 
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after April 4, 2023. 
    The debt incurred on any bonds issued under this 
subsection (p-220), and on any bonds issued to refund or 
continue to refund such bonds, shall not be considered 
indebtedness for purposes of any statutory debt limitation. 
Bonds issued under this subsection (p-220) and any bonds 
issued to refund or continue to refund such bonds must mature 
within not to exceed 25 years from their date, notwithstanding 
any other law, including Section 19-3 of this Code, to the 
contrary. 
    (p-225) In addition to all other authority to issue bonds, 
Union Ridge School District 86 may issue bonds with an 
aggregate principal amount not to exceed $35,000,000, but only 
if all the following conditions are met:
        (1) The voters of the school district approve a 
    proposition for the bond issuance at an election held on 
    or after March 19, 2024.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age and condition of the 
    school district's existing school buildings.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $35,000,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after March 19, 2024.
    The debt incurred on any bonds issued under this 
subsection (p-225) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limit 
limitation. Bonds issued under this subsection (p-225) and any 
bonds issue to refund or continue to refund such bonds must 
mature within not to exceed 25 years from their date, 
notwithstanding any other law, including Section 19-3 of this 
Code, to the contrary. 
    (p-230) In addition to all other authority to issue bonds, 
Bethel School District 82 may issue bonds with an aggregate 
principal amount not to exceed $3,975,000, but only if all the 
following conditions are met:
        (1) The voters of the school district approve a 
    proposition for the bond issuance at an election held on 
    or after March 19, 2024.
        (2) Prior to the issuance of the bonds, the school 
    board determines, by resolution, that the projects set 
    forth in the proposition for the bond issuance were and 
    are required because of the age and condition of the 
    school district's existing school buildings.
        (3) The bonds are issued, in one or more issuances, 
    not later than 5 years after the date of the referendum 
    approving the issuance of the bonds, but the aggregate 
    principal amount issued in all such bond issuances 
    combined must not exceed $3,975,000.
        (4) The bonds are issued in accordance with this 
    Article.
        (5) The proceeds of the bonds are used to accomplish 
    only the projects approved by the voters at an election 
    held on or after March 19, 2024.
    The debt incurred on any bonds issued under this 
subsection (p-230) and on any bonds issued to refund or 
continue to refund such bonds shall not be considered 
indebtedness for purposes of any statutory debt limit 
limitation. Bonds issued under this subsection (p-230) and any 
bonds issue to refund or continue to refund such bonds must 
mature within not to exceed 25 years from their date, 
notwithstanding any other law, including Section 19-3 of this 
Code, to the contrary. 
    (q) A school district must notify the State Board of 
Education prior to issuing any form of long-term or short-term 
debt that will result in outstanding debt that exceeds 75% of 
the debt limit specified in this Section or any other 
provision of law. 
(Source: P.A. 102-316, eff. 8-6-21; 102-949, eff. 5-27-22; 
103-449, eff. 1-1-24.)
 
    Section 99. Effective date. This Act takes effect upon 
becoming law.