Illinois General Assembly - Full Text of HB4252
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Full Text of HB4252  100th General Assembly

HB4252 100TH GENERAL ASSEMBLY


 


 
100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB4252

 

Introduced , by Rep. Thomas M. Bennett

 

SYNOPSIS AS INTRODUCED:
 
60 ILCS 1/85-65

    Amends the Township Code. In provisions restricting township funds from exceeding an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years, excludes the township's general assistance fund from the restriction.


LRB100 16268 AWJ 31391 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4252LRB100 16268 AWJ 31391 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Township Code is amended by changing Section
585-65 as follows:
 
6    (60 ILCS 1/85-65)
7    Sec. 85-65. Accumulation of funds. Township funds,
8excluding the township's capital fund and the township's
9general assistance fund, shall not exceed an amount equal to or
10greater than 2.5 times the annual average expenditure of the
11previous 3 fiscal years.
12(Source: P.A. 100-474, eff. 9-8-17.)