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Key Votes

SB 415 - Bond Approval - Key Vote

Illinois Key Votes

Ira Silverstein voted Yea (Concurrence Vote) on this Legislation.

Read statements Ira Silverstein made in this general time period.

Stages

Family

Issues

Note

NOTE: THIS LEGISLATION NEEDED A THREE-FIFTHS MAJORITY VOTE TO PASS.

Stage Details

Legislation - Concurrence Vote Failed (Senate) (32-21) - (Key vote)

Title: Bond Approval

Vote Smart's Synopsis:

Vote to concur with amendments to a bill that authorizes an additional $2.23 billion in 5-year bonds for payment into the Pension Contribution Fund.

Highlights:
-Authorizes the state to issue an additional $2.23 billion in bonds to make required contributions to designated retirement systems (Sec. 2). -Specifies that the revenue from the new bonds shall be deposited into the Pension Contribution Fund (Sec. 7). -Requires the new bonds to be paid back within 5 years from the date of issue (Sec. 9). -Takes effect immediately upon becoming law (Sec. 99).
Note:

NOTE: THIS VOTE RECONSIDERS A PREVIOUS VOTE.

Legislation - Introduced (Senate) -

Title: Bond Approval

Note:

NOTE: THIS LEGISLATION NEEDED A THREE-FIFTHS MAJORITY VOTE TO PASS.

Sponsors

  • Kevin A. McCarthy (IL - D) (Out Of Office)
  • Jeffrey M. 'Joe' Schoenberg (IL - D) (Out Of Office)

Co-sponsors

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