(30 ILCS 405/8) (from Ch. 127, par. 458)
Sec. 8.
The proposition of whether this Act shall take effect, a debt of
$750,000,000 be contracted, bonds be issued to that amount and the
principal of such bonds be paid within 25 years of their date and the
interest thereon be paid as it accrues by levying and imposing a direct
annual tax and by authorizing the General Assembly to transfer money in the
General Revenue Fund to the Anti-Pollution Bond Retirement and Interest
Fund therefor, shall be submitted to the People of the State of Illinois at
the general election to be held on Tuesday next after the first Monday of
November, 1970, on a ballot to be substantially in the following form:
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Shall the Anti-Pollution Bond Act enacted by the 76th General Assembly, become effective and the State of Illinois contract a debt of $750,000,000 and issue bonds to that amount as provided in such Act, for the purpose of planning, financing and constructing of municipal sewage treatment works YES and solid waste disposal facilities, and to the extent that funds are available in the General Revenue Fund of the State shall the General Assembly be authorized to direct the transfer of funds from time to time from that Fund to the Anti-Pollution - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Bond Retirement and Interest Fund sufficient to pay the principal of and interest on the bonds provided for by that Act, and to the extent that said funds are insufficient to pay the interest and discharge the principal of such bonds, shall the State of Illinois levy annually a direct tax NO sufficient to pay the interest on and discharge said principal with the appropriate officers fixing the rate of that direct annual tax, making proper allowance for the amount of money so transferred in reduction of the taxes to be levied and abate such tax in that amount? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Such ballot shall be separate from all others used at such election, and
shall be printed on paper that is white in color.
Notice of the submission of the proposition shall be given by the
various county clerks, the ballots canvassed and returned, abstracts of the
vote made and submitted, the votes canvassed and declaration of the result
made in the same manner as is provided by Sections 3, 5, 6 and 7 of "An Act
to provide the manner of proposing amendments to the constitution, and
submitting the same to the electors of this State", approved March 14,
1877, as amended, in case of the submission of a proposed constitutional
amendment.
(Source: P.A. 76-2460.)
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