HB1496sam007 95TH GENERAL ASSEMBLY

Sen. Jeffrey M. Schoenberg

Filed: 5/31/2008

09500HB1496sam007 LRB095 08420 HLH 51813 a

AMENDMENT TO HOUSE BILL 1496

AMENDMENT NO. ______. Amend House Bill 1496, AS AMENDED, with reference to page and line numbers of Senate Amendment No. 2, on page 3, line 20, after "$10,000,000,000", by inserting ", with no less than $5,000,000,000 delivered on the date the Management and Concession Agreement becomes effective and the remaining amounts delivered within 2 years thereafter"; and

on page 8, by replacing lines 1 and 2 with the following: "deposited 70% into the Illinois Works Fund and 30% into the Illinois Education Trust Fund in an amount not to exceed $10,000,000,000, (ii) all proceeds of the Concession"; and

on page 8, line 5, by replacing "$7,000,000,000" with "$10,000,000,000".