101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB5434

 

Introduced , by Rep. Amy Grant - Grant Wehrli, Lindsay Parkhurst and Tom Weber

 

SYNOPSIS AS INTRODUCED:
 
New Act

    Creates the Taxing Body Debt and Convention Control Act. Contains only a statement of legislative intent.


LRB101 19007 HLH 68466 b

 

 

A BILL FOR

 

HB5434LRB101 19007 HLH 68466 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 1. Short title. This Act may be cited as the Taxing
5Body Debt and Convention Control Act.
 
6    Section 5. Legislative intent. It is the intent of the
7General Assembly that employees of taxing bodies may not attend
8conventions outside of the corporate boundaries of the taxing
9body or accept hospitality in an official capacity from any
10entity that is connected, directly or indirectly, with a debt
11financial firm or a debt underwriter.