Extends the validity period of bond approval for Iroquois County Community Unit School District Number 9.
The bill amends the Local Government Debt Reform Act to extend the validity period of bond approval for Iroquois County Community Unit School District Number 9 from 7 years to 10 years after the date of the referendum. This change applies specifically to bonds authorized under the School Code and approved by voters in an April 2021 referendum. The bill also includes provisions for other bond approvals, such as those for Jackson County and Sandoval Community Unit School District 501, with varying validity periods.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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