DAVIS,STEVE. 60 ILCS 1/245-20 new Amends the Township Code. Allows a township to transfer the interest earned on any of the moneys of the township to the fund of the township that is most in need of the interest. Exempts interest earmarked for a designated purpose and interest earned on funds used for the purposes of the Illinois Pension Code and the Local Governmental and Governmental Employees Tort Immunity Act. Effective immediately. 00-02-03 H FILED WITH CLERK 00-02-03 H FIRST READING 00-02-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary