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Sen. Don Harmon
Filed: 5/15/2024
| | 10300HB5005sam001 | | LRB103 37016 SPS 72935 a |
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| 1 | | AMENDMENT TO HOUSE BILL 5005
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| 2 | | AMENDMENT NO. ______. Amend House Bill 5005 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The State Treasurer Act is amended by changing |
| 5 | | Section 1 as follows:
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| 6 | | (15 ILCS 505/1) (from Ch. 130, par. 1) |
| 7 | | Sec. 1. Bond. That That the Treasurer of this State shall |
| 8 | | give bond, before entering upon the duties of his or her |
| 9 | | office, in the penal sum of $500,000 by inclusion in the |
| 10 | | blanket bond or bonds or self-insurance program provided for |
| 11 | | in Sections 14.1 and 14.2 of the Official Bond Act. The bond |
| 12 | | shall be conditioned (i) for the faithful discharge of the |
| 13 | | Treasurer's duties, (ii) to deliver up all moneys, papers, |
| 14 | | books, records, and other property appertaining to his or her |
| 15 | | office, whole, safe, and undefaced, to the successor in |
| 16 | | office, and (iii) that the Treasurer will give additional |