Bill Status of HB 1364   104th General Assembly


Short Description:  JOLIET ARSENAL AUTHORITY

House Sponsors
Rep. Lawrence "Larry" Walsh, Jr.

Last Action  View All Actions

DateChamber Action
  1/28/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
70 ILCS 508/55

Synopsis As Introduced
Amends the Joliet Arsenal Development Authority Act. Provides that the Joliet Arsenal Development Authority shall be abolished upon the last to occur of the following: (1) expiration of the 35-year (rather than 30-year) period that begins on the effective date of the Act; or (2) one year after all revenue bonds, notes, and other evidences of indebtedness of the Authority have been fully paid and discharged or otherwise provided for. Provides that, upon the abolition of the Authority, all of its rights and property shall pass to and be vested in Will County (rather than the State).

Actions 
DateChamber Action
  1/14/2025HouseFiled with the Clerk by Rep. Lawrence "Larry" Walsh, Jr.
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee

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