Illinois General Assembly - Full Text of Public Act 102-0231

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Public Act 102-0231

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Public Act 0231 102ND GENERAL ASSEMBLY

Public Act 102-0231

SB1799 Enrolled LRB102 14493 AWJ 19846 b

    AN ACT concerning local government.

    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:

    Section 5. The Township Code is amended by changing
Section 85-65 as follows:

    (60 ILCS 1/85-65)
    Sec. 85-65. Accumulation of funds. Township funds,
including, but not limited to, general assistance funds and
excluding the township's capital fund, shall not exceed an
amount equal to or greater than 2.5 times the annual average
expenditure of the previous 3 fiscal years.
(Source: P.A. 100-474, eff. 9-8-17.)

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

Effective Date: 7/30/2021

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