House Sponsors: DAVIS,STEVE. Short description: TWP CD-INTEREST TRANSFERS Synopsis of Bill as introduced: Amends the Township Code. Allows a township to transfer the interest earned on any of the moneys of the township to the fund of the township that is most in need of the interest. Exempts interest earmarked for a designated purpose and interest earned on funds used for the purposes of the Illinois Pension Code and the Local Governmental and Governmental Employees Tort Immunity Act. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status