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| | 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 |
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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.
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| | A BILL FOR |
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| | HB0736 | | LRB099 04549 AWJ 24577 b |
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1 | | AN ACT concerning local government.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Local Government Debt Limitation Act is |
5 | | amended by changing Section 1.5b as follows:
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6 | | (50 ILCS 405/1.5b) (from Ch. 85, par. 851.5b)
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7 | | Sec. 1.5b.
The
The limitation prescribed in Section 1 of |
8 | | this Act shall not
apply to any indebtedness of any fire |
9 | | protection district to acquire,
establish, maintain and |
10 | | operate fire stations, including the acquisition of
a site or |
11 | | sites therefor, facilities, vehicles, apparatus and equipment |
12 | | for
fire protection purposes. |
13 | | (Source: Laws 1957, p. 204.)
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