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Full Text of HB1839  100th General Assembly

HB1839 100TH GENERAL ASSEMBLY


 


 
100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB1839

 

Introduced , by Rep. Jim Durkin

 

SYNOPSIS AS INTRODUCED:
 
15 ILCS 505/1  from Ch. 130, par. 1

    Amends the State Treasurer Act. Makes a technical change in a Section concerning bond.


LRB100 04514 RJF 14520 b

 

 

A BILL FOR

 

HB1839LRB100 04514 RJF 14520 b

1    AN ACT concerning State government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The State Treasurer Act is amended by changing
5Section 1 as follows:
 
6    (15 ILCS 505/1)  (from Ch. 130, par. 1)
7    Sec. 1. Bond. That That the Treasurer of this State shall
8give bond, before entering upon the duties of his or her
9office, in the penal sum of $500,000 by inclusion in the
10blanket bond or bonds or self-insurance program provided for in
11Sections 14.1 and 14.2 of the Official Bond Act. The bond shall
12be conditioned (i) for the faithful discharge of the
13Treasurer's duties, (ii) to deliver up all moneys, papers,
14books, records, and other property appertaining to his or her
15office, whole, safe, and undefaced, to the successor in office,
16and (iii) that the Treasurer will give additional bonds when
17legally required.
18(Source: P.A. 90-372, eff. 7-1-98.)