Rep. Barbara Flynn Currie

Filed: 4/15/2013

 

 


 

 


 
09800HB0479ham002LRB098 03297 OMW 44640 a

1
AMENDMENT TO HOUSE BILL 479

2    AMENDMENT NO. ______. Amend House Bill 479 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Illinois Medical District Act is amended by
5changing Section 10 as follows:
 
6    (70 ILCS 915/10)  (from Ch. 111 1/2, par. 5020)
7    Sec. 10. Disposition of money. The Commission is authorized
8to use all money received from the sale or lease of any
9property, in excess of the amount as may be necessary to
10satisfy the obligation of any revenue bond issued pursuant to
11Section 5 and may also use all money received as rentals for
12the purposes of planning, acquisition, and development of
13property within the District and operation, maintenance and
14improvement of property of the Commission and for all purposes
15and powers set forth in this Act. The Commission shall annually
16enter into an intergovernmental agreement with the Auditor

 

 

09800HB0479ham002- 2 -LRB098 03297 OMW 44640 a

1General, who shall, at least biennially, audit or cause to be
2audited by a certified public accountant all records and
3accounts of the Commission pertaining to the operation of the
4District. The Commission Auditor General shall provide the
5Commission and the General Assembly with the audits and shall
6post a copy on the Commission's his or her website. The Auditor
7General shall submit a bill to the Commission for costs
8associated with the review and the audit required under this
9Section, and the Commission shall reimburse the Auditor General
10for such costs in a timely manner.
11(Source: P.A. 97-825, eff. 7-18-12.)".
 
12    Section 99. Effective date. This Act takes effect upon
13becoming law.".