Illinois General Assembly - Full Text of Public Act 096-0907
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Public Act 096-0907




Public Act 096-0907
SB2190 Enrolled LRB096 11508 WGH 21988 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 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.

Effective Date: 6/7/2010