HB0766 99TH GENERAL ASSEMBLY

LRB099 04583 AWJ 24611 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0766

Introduced , by Rep. Michael J. Madigan

SYNOPSIS AS INTRODUCED:

60 ILCS 1/30-41

Amends the Township Code. Makes a technical change in a Section concerning contracts relating to insurance.

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 30-41 as follows:

(60 ILCS 1/30-41)

Sec. 30-41. Notwithstanding any provision of this Act to the the contrary, the township board of trustees may make contracts relating to insurance. In no event shall the duration of the contract exceed the board term by more than one year. The township board of trustees shall include in the township's annual appropriation for each fiscal year an appropriation of a sum of money sufficient to pay the amount which, by the terms of the contract, is to become due and payable during the current fiscal year.

(Source: Incorporates P.A. 88-356; 88-670, eff. 12-2-94.)