SB1799sam001 102ND GENERAL ASSEMBLY

Sen. Thomas Cullerton

Filed: 3/11/2021

10200SB1799sam001 LRB102 14493 AWJ 23200 a

AMENDMENT TO SENATE BILL 1799

AMENDMENT NO. ______. Amend Senate Bill 1799 by replacing everything after the enacting clause with the following:

"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.)

Section 99. Effective date. This Act takes effect upon becoming law.".