Lawrence "Larry" Walsh, Jr. introduces HB1364 in House on Jan. 14—here’s what you need to know

Lawrence "Larry" Walsh, Jr., State House of Representatives 86th District. | https://www.illinoispolicy.org/lawmakers/lawrence-walsh-jr/

By Will County Gazette

Jan 15, 2025

Lawrence "Larry" Walsh, Jr. introduced HB1364 in the Illinois House on Jan. 14, 2025, during the general assembly session 104, according to the Illinois General Assembly.

According to the Illinois General Assembly site, the legislature summarized the bill's official text as follows: "Amends the Joliet Arsenal Development Authority Act. Provides that the Joliet Arsenal Development Authority shall be abolished upon the last to occur of the following: (1) expiration of the 35-year (rather than 30-year) period that begins on the effective date of the Act; or (2) one year after all revenue bonds, notes, and other evidences of indebtedness of the Authority have been fully paid and discharged or otherwise provided for. Provides that, upon the abolition of the Authority, all of its rights and property shall pass to and be vested in Will County (rather than the State)."

The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.

In essence, the bill amends the Joliet Arsenal Development Authority Act by updating the conditions under which the Authority will be abolished. The Authority is set to be abolished after the later of two events: 35 years following the Act's effective date, or one year after all its financial obligations, including revenue bonds and notes, have been settled. Upon its dissolution, all rights and property of the Authority will transfer to Will County.

Lawrence "Larry" Walsh, Jr. has proposed another six bills since the beginning of the 104th session.

Lawrence "Larry" Waslh Jr. is currently serving in the Illinois State House, representing the state's 86th House District. He replaced previous state representative Jack McGuire in 2012.

Bills in Illinois follow a multi-step legislative process, beginning with introduction in either the House or Senate, followed by committee review, floor debates, and votes in both chambers before reaching the governor for approval or veto. The General Assembly operates on a biennial schedule, and while typically thousands of bills are introduced each session, only a fraction successfully pass through the process to become law.

You can read more about bills and other measures here.

Bills Introduced by Lawrence "Larry" Walsh, Jr. in Illinois House During General Assembly Session 104

Bill Number	Date Introduced	Short Description
HB1364	01/14/2025	Amends the Joliet Arsenal Development Authority Act. Provides that the Joliet Arsenal Development Authority shall be abolished upon the last to occur of the following: (1) expiration of the 35-year (rather than 30-year) period that begins on the effective date of the Act; or (2) one year after all revenue bonds, notes, and other evidences of indebtedness of the Authority have been fully paid and discharged or otherwise provided for. Provides that, upon the abolition of the Authority, all of its rights and property shall pass to and be vested in Will County (rather than the State).
HB1296	01/13/2025	Amends the Fire Department Promotion Act. Makes a technical change in a Section concerning definitions.
HB1297	01/13/2025	Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate firefighters.
HB1298	01/13/2025	Amends the Fire Department Promotion Act. Makes a technical change in a Section concerning definitions.
HB1299	01/13/2025	Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate firefighters.
HB1300	01/13/2025	Amends the Fire Protection District Act. Makes a technical change in a Section concerning annexation of territory.
HB1307	01/13/2025	Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that if a full-time firefighter or firefighter/paramedic employed by a city, village, incorporated town, or township that meets certain requirements is not eligible to participate in a retirement fund created under the Downstate Firefighters Article of the Code, then he or she is eligible to participate, as a sheriff's law enforcement employee, under the IMRF Article of the Code. Specifies survivor and occupational disease disability benefits that are available to the qualifying firefighters. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.