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Bill > HB2098


IL HB2098

FINANCE-TECH


summary

Introduced
01/29/2025
In Committee
05/31/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Private Activity Bond Allocation Act. Makes a technical change in a Section concerning the short title.

AI Summary

This bill makes a technical amendment to the Illinois Private Activity Bond Allocation Act, specifically modifying Section 1 of the Act. Private activity bonds are a type of municipal bond used to finance projects for private entities that serve a public purpose, such as infrastructure, housing, or economic development. While the government-provided summary indicates a technical change to the short title, the actual details of the modification are not fully visible in the provided XML text. Without more specific information about the exact changes being made, the summary can only note that this is a minor, potentially administrative update to the existing law regarding how private activity bonds are allocated in Illinois.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 05/31/2025)

bill text


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