SB0549sam001 97TH GENERAL ASSEMBLY

Sen. James F. Clayborne, Jr.

Filed: 3/7/2012

09700SB0549sam001 LRB097 04360 KMW 67292 a

AMENDMENT TO SENATE BILL 549

AMENDMENT NO. ______. Amend Senate Bill 549 by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Municipal Code is amended by adding Section 11-74.4-12 as follows:

(65 ILCS 5/11-74.4-12 new)

Sec. 11-74.4-12. Financially distressed cities.

A municipality may use moneys from the special tax allocation fund to hire police officers, if the corporate authorities of the municipality determine by ordinance or resolution that, as a result of the development associated with the tax increment financing, more police officers are needed to protect the public health and safety of the residents, and the municipality: (i) has been designated as a financially distressed city, as defined in the Financially Distressed City Law, or (ii) has a median household income of less than 200% of the federal poverty level. The moneys used to hire police officers may amount to no more than 10% of the funds available.".