Related Areas


Chapman and Cutler LLP has historically assisted state and local issuers in the drafting of legislation related to their borrowing powers and other matters affecting their finances.

Every year, we review all Illinois legislation dealing with municipal finance and give input to the General Assembly.

In typical Chapman and Cutler fashion, we assisted the last General Assembly with the drafting of legislation that set forth new procedures which taxing districts must follow when seeking referendum approval (Public Act 94-0976).

In addition, issuers, investment bankers and public officials in Illinois and other states frequently call upon us to draft legislation and review legislation drafted by others relating to the issuance of debt.