Sen. Jeffrey M. Schoenberg

Filed: 5/31/2008

 

 


 

 


 
09500HB1496sam007 LRB095 08420 HLH 51813 a

1
AMENDMENT TO HOUSE BILL 1496

2     AMENDMENT NO. ______. Amend House Bill 1496, AS AMENDED,
3 with reference to page and line numbers of Senate Amendment No.
4 2, on page 3, line 20, after "$10,000,000,000", by inserting ",
5 with no less than $5,000,000,000 delivered on the date the
6 Management and Concession Agreement becomes effective and the
7 remaining amounts delivered within 2 years thereafter"; and
 
8 on page 8, by replacing lines 1 and 2 with the following:
9 "deposited 70% into the Illinois Works Fund and 30% into the
10 Illinois Education Trust Fund in an amount not to exceed
11 $10,000,000,000, (ii) all proceeds of the Concession"; and
 
12 on page 8, line 5, by replacing "$7,000,000,000" with
13 "$10,000,000,000".