Sen. Terry Link
Filed: 5/18/2004
 
 

 




 

 		












09300HB0843sam001

LRB093 05626 MKM 51253 a






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AMENDMENT TO HOUSE BILL 843




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    AMENDMENT NO. ______. Amend House Bill 843 by replacing 
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everything after the enacting clause with the following:

 
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    "Section 5. The Township Code is amended  by changing 
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Sections 285-5 and 285-10 as follows:

 



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    (60 ILCS 1/285-5)


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    Sec. 285-5. Payment of bond fund balance to township. 
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    (a) Except as provided in subsection (b), whenever
Whenever

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all the bonds
of any township have been fully paid and canceled 
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and there remains in the
hands of the county collector of taxes 
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or county treasurer, after the payment,
any balance to the 
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credit of the bond fund of the township, the county
collector 
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of taxes or county treasurer shall pay to the supervisor of the

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township the balance of the fund in his hands, taking a receipt 
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of the
supervisor for the payment.
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    (b) Beginning on the effective date of this amendatory Act 
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of the 93rd General Assembly and through December 31, 2004, 
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whenever all the bonds of any township have been fully paid and 
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canceled and there remains any balance to the credit of the 
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bond fund of the township, including any amounts that were in 
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the bond fund prior to the payment in full and cancellation of 
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the bonds, in the hands of the township supervisor, the balance  
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may be appropriated and expended in accordance with Section 
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285-10.


 


 






09300HB0843sam001
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LRB093 05626 MKM 51253 a




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(Source: P.A. 84-1308; 88-62.)


 



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    (60 ILCS 1/285-10)


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    Sec. 285-10. Use of moneys. Moneys paid to the township 
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supervisor and moneys in the hands of the township supervisor

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under
Section 285-5, may be appropriated and expended for 
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defraying the general
charges and expenses of the township; for 
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laying out, making, and repairing the
roads and bridges of the 
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township and purchasing materials, implements, and
machinery 
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for those undertakings; for the maintenance and operation of 
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open spaces; and for the payment of any outstanding
orders, all 
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in the manner and proportions the legal voters of the township

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determine at their annual township meeting or special township 
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meeting duly
called for that purpose.

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(Source: Laws 1889, p. 357; P.A. 88-62.)



 
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    Section 99. Effective date. This Act takes effect upon 
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becoming law.".