97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0559

 

Introduced 01/31/11, by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
60 ILCS 1/30-41

    Amends the Township Code. Makes a technical change in a Section concerning contracts relating to insurance.


LRB097 03385 KMW 43422 b

 

 

A BILL FOR

 

HB0559LRB097 03385 KMW 43422 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Township Code is amended by changing Section
530-41 as follows:
 
6    (60 ILCS 1/30-41)
7    Sec. 30-41. Notwithstanding any provision of this Act to
8the the contrary, the township board of trustees may make
9contracts relating to insurance. In no event shall the duration
10of the contract exceed the board term by more than one year.
11The township board of trustees shall include in the township's
12annual appropriation for each fiscal year an appropriation of a
13sum of money sufficient to pay the amount which, by the terms
14of the contract, is to become due and payable during the
15current fiscal year.
16(Source: Incorporates P.A. 88-356; 88-670, eff. 12-2-94.)