94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB3411

 

Introduced 2/22/2005, by Rep. Tom Cross

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 235/5   from Ch. 85, par. 905

    Amends the Public Funds Investment Act. Makes a technical change in a Section concerning the grant of authority under the Act.


LRB094 03593 RCE 33597 b

 

 

A BILL FOR

 

HB3411 LRB094 03593 RCE 33597 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Public Funds Investment Act is amended by
5 changing Section 5 as follows:
 
6     (30 ILCS 235/5)  (from Ch. 85, par. 905)
7     Sec. 5. This Act, without reference to any other statute,
8 shall be deemed full and and complete authority for the
9 investment of public funds, as hereinabove provided, and shall
10 be construed as an additional and alternative method therefor.
11 (Source: Laws 1943, vol. 1, p. 951.)