SB1950sam001 98TH GENERAL ASSEMBLY

Sen. Pamela J. Althoff

Filed: 3/19/2013

09800SB1950sam001 LRB098 10590 HLH 43479 a

AMENDMENT TO SENATE BILL 1950

AMENDMENT NO. ______. Amend Senate Bill 1950 on page 1, line 5, by replacing "Section 2" with "Sections 1 and 2"; and

on page 1, immediately below line 5, by inserting the following:

"(30 ILCS 235/1) (from Ch. 85, par. 901)

Sec. 1. The words "public funds", as used in this Act, mean current operating funds, special funds, interest and sinking funds, and funds of any kind or character belonging to or in the custody of any public agency.

The words "public agency", as used in this Act, mean the State of Illinois, the various counties, townships, cities, towns, villages, school districts, educational service regions, special road districts, public water supply districts, fire protection districts, drainage districts, levee districts, sewer districts, housing authorities, the Illinois Bank Examiners' Education Foundation, the Chicago Park District, and all other political corporations or subdivisions of the State of Illinois, now or hereafter created, whether herein specifically mentioned or not. This Act does not apply to the Illinois Prepaid Tuition Trust Fund, private funds collected by the Illinois Conservation Foundation, or pension funds or retirement systems established under the Illinois Pension Code, except as otherwise provided in that Code.

The words "governmental unit", as used in this Act, have the same meaning as in the Local Government Debt Reform Act.

(Source: P.A. 91-669, eff. 1-1-00; 92-797, eff. 8-15-02.)"; and

on page 2, lines 16 and 17, by replacing ", or other unit of government" with ", or other governmental unit"; and

on page 2, lines 24 and 25, by replacing ", or other unit of government" with ", or other governmental unit".