93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5517

 

Introduced 2/6/2004, by Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
50 ILCS 405/1.5b   from Ch. 85, par. 851.5b

    Amends the Local Government Debt Limitation Act. Makes a technical change in a Section exempting certain indebtedness of fire protection districts from the indebtedness limitation of the Act.


LRB093 17236 MKM 42902 b

 

 

A BILL FOR

 

HB5517 LRB093 17236 MKM 42902 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Local Government Debt Limitation Act is
5 amended by changing Section 1.5b as follows:
 
6     (50 ILCS 405/1.5b)  (from Ch. 85, par. 851.5b)
7     Sec. 1.5b. The limitation prescribed in Section 1 of this
8 Act does shall not apply to any indebtedness of any fire
9 protection district to acquire, establish, maintain and
10 operate fire stations, including the acquisition of a site or
11 sites therefor, facilities, vehicles, apparatus and equipment
12 for fire protection purposes.
13 (Source: Laws 1957, p. 204.)