Illinois General Assembly - Illinois Compiled Statutes

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30 ILCS 350/16.5

(30 ILCS 350/16.5)

Sec. 16.5. Proposition for bonds.

For all elections held after July 1,
2000, the form of a proposition to authorize the issuance of bonds pursuant to
either a referendum or backdoor referendum may be as set forth in this Section
as an alternative to the form of proposition as otherwise set forth by
applicable law.  The proposition authorized by this Section shall be in
substantially the following form:

Shall (name of governmental unit) (state purpose for

the bond issue) and issue its bonds to the amount of $ (state amount) for the purpose of paying the costs thereof?

If a school district receives a conditional grant award from the Capital Development Board pursuant to Section 5-15 of the School Construction Law for the school
construction project to be financed in part with proceeds of the bonds authorized
by referendum, then the form of proposition may at the option of the school
district additionally contain substantially the following language:

(Name of school district) expects to receive a school

construction grant from the State of Illinois in the amount of $ (state amount) pursuant to the School Construction Law to cover a portion of the total project costs for the school construction project to be financed in part with the proceeds of the bonds, based on the conditional grant award received from the Capital Development Board pursuant to the School Construction Law.

(Source: P.A. 102-723, eff. 5-6-22.)