Executive Committee

Filed: 5/26/2009

 

 


 

 


 
09600SB1912ham001 LRB096 11225 RCE 27487 a

1
AMENDMENT TO SENATE BILL 1912

2     AMENDMENT NO. ______. Amend Senate Bill 1912 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The Illinois Finance Authority Act is amended
5 by changing Section 801-25 as follows:
 
6     (20 ILCS 3501/801-25)
7     Sec. 801-25. All official acts of the the Authority shall
8 require the approval of at least 8 members. All meetings of the
9 Authority and the Advisory Councils shall be conducted in
10 accordance with the Open Meetings Act. Eight members of the
11 Authority shall constitute a quorum. All meetings shall be
12 conducted at a single location within this State with a quorum
13 of members physically present at this location. Other members
14 who are not physically present at this location may participate
15 in the meeting and vote on all matters by means of a video or
16 audio conference. The Auditor General shall conduct financial

 

 

09600SB1912ham001 - 2 - LRB096 11225 RCE 27487 a

1 audits and program audits of the Authority, in accordance with
2 the Illinois State Auditing Act.
3 (Source: P.A. 93-205, eff. 1-1-04; 93-1101, eff. 3-31-05.)".