Rep. Brad Halbrook

Filed: 4/25/2017

 

 


 

 


 
10000HB1896ham003LRB100 04428 AWJ 25503 a

1
AMENDMENT TO HOUSE BILL 1896

2    AMENDMENT NO. ______. Amend House Bill 1896, AS AMENDED, by
3replacing everything after the enacting clause with the
4following:
 
5    "Section 5. The Township Code is amended by adding Section
630-22 as follows:
 
7    (60 ILCS 1/30-22 new)
8    Sec. 30-22. Accumulation of funds. Township funds,
9excluding the township's capital fund, shall not exceed an
10amount equal to or greater than 2.5 times the annual average
11expenditure of the previous 3 fiscal years.
 
12    Section 99. Effective date. This Act takes effect upon
13becoming law.".