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Rep. Michael J. Madigan
Filed: 5/6/2010
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09600SB0028ham004 |
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LRB096 03258 AMC 41420 a |
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| AMENDMENT TO SENATE BILL 28
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| AMENDMENT NO. ______. Amend Senate Bill 28, AS AMENDED, |
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| with reference to page and line numbers of House Amendment No. |
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| 2, on page 1, line 10, after "Authority", by inserting "and |
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| Rosemont"; and
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| on page 2, line 11, by replacing "$20,000,000" with |
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| "$15,000,000"; and
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| on page 2, line 12, by replacing "$10,000,000" with |
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| "$5,000,000"; and
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| on page 2, by inserting immediately below line 26 the |
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| following: |
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| "In addition to the incentive grants to the Metropolitan |
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| Pier and Exposition Authority, the Department shall make an |
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| annual incentive grant of $5,000,000 to the Village of |
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| Rosemont, to be used by the Village for the Donald E. Stephens |
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09600SB0028ham004 |
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LRB096 03258 AMC 41420 a |
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| Convention Center to retain and attract conventions, meetings, |
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| or trade shows with registered attendance in excess of 5,000 |
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| individuals that otherwise would not have used the |
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| facilities."; and
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| on page 121, line 8, by replacing "25.4 25.1" with "25.1"; and
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| on page 123, line 3, by replacing "$20,000,000" with |
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| "$15,000,000"; and
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| on page 123, line 4, by replacing "$10,000,000" with |
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| "$5,000,000"; and
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| on page 166, by replacing lines 19 through 23 with the |
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| following: |
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| "exceed $2,557,000,000 $2,107,000,000 for the purposes
of
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| carrying out and
performing its duties and exercising its |
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| powers under this Act.
The increased debt authorization |
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| provided by this amendatory Act of the 96th General Assembly |
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| shall be used solely for the purpose of hotel construction and |
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| related necessary capital improvements and other needed |
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| capital improvements to existing facilities. No bonds issued to |
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| refund or advance"; and
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| by replacing line 26 of page 184 and lines 1 and 2 of page 185 |
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| with the following: |