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MyWikiBiz, Author Your Legacy — Sunday April 28, 2024
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- ...a "Non-Referendum Bond," it borrows money without the referendum approval of its voters. First permitted in Illinois by amendments to a 1959 law, NRBs w ...ated NRBs. It allowed taxing districts to effectively re-borrow the amount of an expiring bond. In effect, SB 368 gave taxing districts the ability to ne43 KB (6,538 words) - 12:08, 20 November 2019