SB2190sam001 96TH GENERAL ASSEMBLY

Sen. Larry K. Bomke

Filed: 5/22/2009

09600SB2190sam001 LRB096 11508 HLH 27235 a

AMENDMENT TO SENATE BILL 2190

AMENDMENT NO. ______. Amend Senate Bill 2190 by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Municipal Code is amended by adding Section 11-135-4.5 as follows:

(65 ILCS 5/11-135-4.5 new)

Sec. 11-135-4.5. Alternate Bonds. From time to time, a commission may, after meeting all of the conditions set forth in Section 15 of the Local Government Debt Reform Act, issue alternate bonds as authorized under Section 15 of the Local Government Debt Reform Act.

Section 99. Effective date. This Act takes effect upon becoming law.".