Illinois General Assembly - Full Text of SB0549
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Full Text of SB0549  97th General Assembly

SB0549eng 97TH GENERAL ASSEMBLY



 


 
SB0549 EngrossedLRB097 04360 RLJ 44399 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 Illinois Municipal Code is amended by adding
5Section 11-74.4-12 as follows:
 
6    (65 ILCS 5/11-74.4-12 new)
7    Sec. 11-74.4-12. Financially distressed cities.
8    A municipality may use moneys from the special tax
9allocation fund to hire police officers, if the corporate
10authorities of the municipality determine by ordinance or
11resolution that, as a result of the development associated with
12the tax increment financing, more police officers are needed to
13protect the public health and safety of the residents, and the
14municipality: (i) has been designated as a financially
15distressed city, as defined in the Financially Distressed City
16Law, or (ii) has a median household income of less than 200% of
17the federal poverty level. The moneys used to hire police
18officers may amount to no more than 10% of the funds available.