|
| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB4872 Introduced 2/7/2024, by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED: | | | Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025. |
| |
| | A BILL FOR |
|
|
| | HB4872 | | LRB103 37576 AWJ 67702 b |
|
|
1 | | AN ACT concerning local government. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 5. The Illinois Municipal Code is amended by |
5 | | adding Section 8-1-19 as follows: |
6 | | (65 ILCS 5/8-1-19 new) |
7 | | Sec. 8-1-19. Matching payments for grants. A municipality |
8 | | shall receive a waiver from paying a required match to a State |
9 | | grant of State moneys if the municipality meets all the other |
10 | | requirements needed for approval of the grant and submits |
11 | | documentation to the Governor's Office of Management and |
12 | | Budget, in a form and manner prescribed by the Office, that the |
13 | | municipality: |
14 | | (1) has a population under 25,000; |
15 | | (2) has over 13% of its residents under the poverty |
16 | | guidelines updated periodically in the Federal Register by |
17 | | the U.S. Department of Health and Human Services under the |
18 | | authority of 42 U.S.C. 9902(2); |
19 | | (3) has had a negative fund balance within the past 5 |
20 | | years; or |
21 | | (4) has at least twice the debt compared to the retail |
22 | | market value of the municipality's real and personal |
23 | | property and moneys in the municipality's accounts. |