House Sponsors: RUTHERFORD-MITCHELL,JERRY-MYERS,RICHARD. Senate Sponsors: CLAYBORNE Short description: SCH CD-DEBT LIMITATION Synopsis of Bill as introduced: Amends the School Code. Changes one of the criteria a school district must meet under a provision allowing a district to incur additional indebtedness by the issuance of bonds even though the amount of additional indebtedness causes the aggregate indebtedness of the district to exceed the debt limitation otherwise applicable by law to that district. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status