Illinois General Assembly - Full Text of HB5677
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Full Text of HB5677  96th General Assembly

HB5677sam001 96TH GENERAL ASSEMBLY

Sen. William R. Haine

Filed: 5/3/2010

 

 


 

 


 
09600HB5677sam001 LRB096 17726 RPM 41072 a

1
AMENDMENT TO HOUSE BILL 5677

2     AMENDMENT NO. ______. Amend House Bill 5677 on page 1,
3 immediately below line 16, by inserting the following:
4     "For the purposes of this subsection (a), where funds in
5 the aggregate amount of $50,000 or greater are received from
6 any purchaser of residential real property, as defined in
7 paragraph (14) of Section 3 of this Act, the aggregate amount
8 may consist of good funds of less than $50,000 per paragraph,
9 as defined in paragraphs (3) and (5) of subsection (c) of this
10 Section and of up tp $5,000 in good funds, as defined in
11 paragraph (4) of subsection (c) of this Section.".