99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0736

 

Introduced , by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
50 ILCS 405/1.5b  from Ch. 85, par. 851.5b

    Amends the Local Government Debt Limitation Act. Makes a technical change in a Section exempting certain indebtedness of fire protection districts from the indebtedness limitation of the Act.


LRB099 04549 AWJ 24577 b

 

 

A BILL FOR

 

HB0736LRB099 04549 AWJ 24577 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 Local Government Debt Limitation Act is
5amended by changing Section 1.5b as follows:
 
6    (50 ILCS 405/1.5b)  (from Ch. 85, par. 851.5b)
7    Sec. 1.5b. The The limitation prescribed in Section 1 of
8this Act shall not apply to any indebtedness of any fire
9protection district to acquire, establish, maintain and
10operate fire stations, including the acquisition of a site or
11sites therefor, facilities, vehicles, apparatus and equipment
12for fire protection purposes.
13(Source: Laws 1957, p. 204.)