Illinois General Assembly - Full Text of SB0423
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Full Text of SB0423  100th General Assembly

SB0423 100TH GENERAL ASSEMBLY


 


 
100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB0423

 

Introduced 1/24/2017, by Sen. John J. Cullerton

 

SYNOPSIS AS INTRODUCED:
 
60 ILCS 1/30-41

    Amends the Township Code. Makes a technical change in a Section concerning contracts relating to insurance.


LRB100 05032 AWJ 15042 b

 

 

A BILL FOR

 

SB0423LRB100 05032 AWJ 15042 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
530-41 as follows:
 
6    (60 ILCS 1/30-41)
7    Sec. 30-41. Notwithstanding any provision of this Act to
8the the contrary, the township board of trustees may make
9contracts relating to insurance. In no event shall the duration
10of the contract exceed the board term by more than one year.
11The township board of trustees shall include in the township's
12annual appropriation for each fiscal year an appropriation of a
13sum of money sufficient to pay the amount which, by the terms
14of the contract, is to become due and payable during the
15current fiscal year.
16(Source: Incorporates P.A. 88-356; 88-670, eff. 12-2-94.)