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SB2190 Engrossed |
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LRB096 11508 WGH 21988 b |
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| AN ACT concerning local government.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Municipal Code is amended by adding |
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| Section 11-135-4.5 as follows:
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| (65 ILCS 5/11-135-4.5 new) |
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| Sec. 11-135-4.5. Alternate Bonds. From time to time, a |
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| commission may, after meeting all of the conditions set forth |
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| in Section 15 of the Local Government Debt Reform Act, issue |
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| alternate bonds as authorized under Section 15 of the Local |
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| Government Debt Reform Act.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.
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