FIRE PROTECTION DIST-TAX LEVY Senate SponsorsSen. Michael Noland 1/12/2011SenateSession Sine Die 70 ILCS 705/10d new70 ILCS 705/14from Ch. 127 1/2, par. 34Amends the Fire Protection District Act. Provides that, if a fire protection district makes a contract with a separate fire department entity to provide fire protection services for the district, then the fire protection district may sell assets and invest the proceeds using the Public Treasurers' Investment Pool. Specifies that the proceeds and investment income must be used by a fire protection district to pay for the district's contractual obligations to a separate fire department entity or for any other fire protection related purpose. In a Section authorizing a Board of Trustees of a fire protection district to levy taxes, adds that a Board of Trustees may levy taxes for the purpose of paying all contractual obligations to a separate fire department entity or any other fire protection related purpose. Provides that the Board of Trustees may accumulate funds for the purpose of paying all contractual obligations to a separate fire department entity for fire protection services. Effective immediately. 2/20/2009SenateFiled with Secretary by Sen. Michael Noland 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/4/2009SenateAssigned to Local Government 3/12/2009SenateDo Pass Local Government; 009-000-000 3/12/2009SenatePlaced on Calendar Order of 2nd Reading March 17, 2009 3/30/2009SenateSecond Reading 3/30/2009SenatePlaced on Calendar Order of 3rd Reading March 31, 2009 4/3/2009SenateRule 2-10 Third Reading Deadline Established As April 30, 2009 8/15/2009SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/12/2011SenateSession Sine Die