HB5005sam001 103RD GENERAL ASSEMBLY

Sen. Don Harmon

Filed: 5/15/2024

10300HB5005sam001 LRB103 37016 SPS 72935 a

AMENDMENT TO HOUSE BILL 5005

AMENDMENT NO. ______. Amend House Bill 5005 by replacing everything after the enacting clause with the following:

"Section 5. The State Treasurer Act is amended by changing Section 1 as follows:

(15 ILCS 505/1) (from Ch. 130, par. 1)

Sec. 1. Bond. That That the Treasurer of this State shall give bond, before entering upon the duties of his or her office, in the penal sum of $500,000 by inclusion in the blanket bond or bonds or self-insurance program provided for in Sections 14.1 and 14.2 of the Official Bond Act. The bond shall be conditioned (i) for the faithful discharge of the Treasurer's duties, (ii) to deliver up all moneys, papers, books, records, and other property appertaining to his or her office, whole, safe, and undefaced, to the successor in office, and (iii) that the Treasurer will give additional bonds when legally required.

(Source: P.A. 90-372, eff. 7-1-98.)".