Full Text of SB0028 96th General Assembly
SB0028ham004 96TH GENERAL ASSEMBLY
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Rep. Michael J. Madigan
Filed: 5/6/2010
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09600SB0028ham004 |
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LRB096 03258 AMC 41420 a |
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| AMENDMENT TO SENATE BILL 28
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| AMENDMENT NO. ______. Amend Senate Bill 28, AS AMENDED, | 3 |
| with reference to page and line numbers of House Amendment No. | 4 |
| 2, on page 1, line 10, after "Authority", by inserting " and | 5 |
| Rosemont "; and
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| on page 2, line 11, by replacing " $20,000,000 " with | 7 |
| " $15,000,000 "; and | 8 |
| on page 2, line 12, by replacing " $10,000,000 " with | 9 |
| " $5,000,000 "; and | 10 |
| on page 2, by inserting immediately below line 26 the | 11 |
| following: | 12 |
| " In addition to the incentive grants to the Metropolitan | 13 |
| Pier and Exposition Authority, the Department shall make an | 14 |
| annual incentive grant of $5,000,000 to the Village of | 15 |
| Rosemont, to be used by the Village for the Donald E. Stephens |
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LRB096 03258 AMC 41420 a |
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| Convention Center to retain and attract conventions, meetings, | 2 |
| or trade shows with registered attendance in excess of 5,000 | 3 |
| individuals that otherwise would not have used the | 4 |
| facilities. "; and | 5 |
| on page 121, line 8, by replacing " 25.4 25.1 " with "25.1"; and | 6 |
| on page 123, line 3, by replacing " $20,000,000 " with | 7 |
| " $15,000,000 "; and | 8 |
| on page 123, line 4, by replacing " $10,000,000 " with | 9 |
| " $5,000,000 "; and | 10 |
| on page 166, by replacing lines 19 through 23 with the | 11 |
| following: | 12 |
| "exceed $2,557,000,000 $2,107,000,000 for the purposes
of
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| carrying out and
performing its duties and exercising its | 14 |
| powers under this Act.
The increased debt authorization | 15 |
| provided by this amendatory Act of the 96th General Assembly | 16 |
| shall be used solely for the purpose of hotel construction and | 17 |
| related necessary capital improvements and other needed | 18 |
| capital improvements to existing facilities. No bonds issued to | 19 |
| refund or advance"; and | 20 |
| by replacing line 26 of page 184 and lines 1 and 2 of page 185 | 21 |
| with the following: |
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LRB096 03258 AMC 41420 a |
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| " professionals possessing a high degree of skill and (ii) | 2 |
| contracts or bond purchase ".
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