Illinois General Assembly - Full Text of HB4872
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Full Text of HB4872  103rd General Assembly

HB4872 103RD GENERAL ASSEMBLY

 


 
103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB4872

 

Introduced 2/7/2024, by Rep. Debbie Meyers-Martin

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/8-1-19 new

    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.


LRB103 37576 AWJ 67702 b

 

 

A BILL FOR

 

HB4872LRB103 37576 AWJ 67702 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Municipal Code is amended by
5adding 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
8shall receive a waiver from paying a required match to a State
9grant of State moneys if the municipality meets all the other
10requirements needed for approval of the grant and submits
11documentation to the Governor's Office of Management and
12Budget, in a form and manner prescribed by the Office, that the
13municipality:
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.
 

 

 

HB4872- 2 -LRB103 37576 AWJ 67702 b

1    Section 99. Effective date. This Act takes effect July 1,
22025.