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.


LRB101 18570 AWJ 68025 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4867LRB101 18570 AWJ 68025 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Township Code is amended by changing Section
585-65 as follows:
 
6    (60 ILCS 1/85-65)
7    Sec. 85-65. Accumulation of funds. Township funds,
8including, but not limited to, general assistance funds and
9excluding the township's capital fund, shall not exceed an
10amount equal to or greater than 2.5 times the annual average
11expenditure of the previous 3 fiscal years.
12(Source: P.A. 100-474, eff. 9-8-17.)