HB4867 101ST GENERAL ASSEMBLY

LRB101 18570 AWJ 68025 b

101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB4867

Introduced 2/18/2020, by Rep. Kathleen Willis

SYNOPSIS AS INTRODUCED:

60 ILCS 1/85-65

Amends the Township Code. Provides that township funds that shall not exceed an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years include general assistance funds.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning local government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Township Code is amended by changing Section 85-65 as follows:

(60 ILCS 1/85-65)

Sec. 85-65. Accumulation of funds. Township funds, including, but not limited to, general assistance funds and excluding the township's capital fund, shall not exceed an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years.

(Source: P.A. 100-474, eff. 9-8-17.)