Illinois General Assembly - Full Text of HB1751
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Full Text of HB1751  93rd General Assembly

HB1751ham001 93rd General Assembly



                                     LRB093 04704 MKM 13400 a

 1                    AMENDMENT TO HOUSE BILL 1751

 2        AMENDMENT NO.     .  Amend House Bill 1751  by  replacing
 3    the title with the following:
 4        "AN ACT concerning libraries."; and

 5    by  replacing  everything  after the enacting clause with the
 6    following:

 7        "Section 5.  The Public Library District Act of  1991  is
 8    amended by adding Section 40-55 as follows:

 9        (75 ILCS 16/40-55 new)
10        Sec. 40-55.  Insurance Reserve Fund; transfers. The board
11    of  the  Byron  Public  Library District may, within one year
12    from the effective date of this Amendatory Act  of  the  93rd
13    General  Assembly,  by  proper  resolution following a public
14    hearing (that is preceded by at least  one  published  notice
15    occurring at least 7 days prior to the hearing in a newspaper
16    of  general circulation within the district and setting forth
17    the time, date, place, and subject matter  of  the  hearing),
18    transfer  money  from  the  Insurance  Reserve  Fund  to  the
19    district's  Expansion Special Reserve Fund, provided that the
20    amount transferred is not then required for  the  payment  of
21    any  liabilities  due  to  be paid from the Insurance Reserve
                            -2-      LRB093 04704 MKM 13400 a
 1    Fund.".