Sen. Terry Link
Filed: 5/18/2004
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1 | AMENDMENT TO HOUSE BILL 843
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2 | AMENDMENT NO. ______. Amend House Bill 843 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Township Code is amended by changing | ||||||
5 | Sections 285-5 and 285-10 as follows:
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6 | (60 ILCS 1/285-5)
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7 | Sec. 285-5. Payment of bond fund balance to township. | ||||||
8 | (a) Except as provided in subsection (b), whenever
Whenever
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9 | all the bonds
of any township have been fully paid and canceled | ||||||
10 | and there remains in the
hands of the county collector of taxes | ||||||
11 | or county treasurer, after the payment,
any balance to the | ||||||
12 | credit of the bond fund of the township, the county
collector | ||||||
13 | of taxes or county treasurer shall pay to the supervisor of the
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14 | township the balance of the fund in his hands, taking a receipt | ||||||
15 | of the
supervisor for the payment. | ||||||
16 | (b) Beginning on the effective date of this amendatory Act | ||||||
17 | of the 93rd General Assembly and through December 31, 2004, | ||||||
18 | whenever all the bonds of any township have been fully paid and | ||||||
19 | canceled and there remains any balance to the credit of the | ||||||
20 | bond fund of the township, including any amounts that were in | ||||||
21 | the bond fund prior to the payment in full and cancellation of | ||||||
22 | the bonds, in the hands of the township supervisor, the balance | ||||||
23 | may be appropriated and expended in accordance with Section | ||||||
24 | 285-10.
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1 | (Source: P.A. 84-1308; 88-62.)
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2 | (60 ILCS 1/285-10)
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3 | Sec. 285-10. Use of moneys. Moneys paid to the township | ||||||
4 | supervisor and moneys in the hands of the township supervisor
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5 | under
Section 285-5, may be appropriated and expended for | ||||||
6 | defraying the general
charges and expenses of the township; for | ||||||
7 | laying out, making, and repairing the
roads and bridges of the | ||||||
8 | township and purchasing materials, implements, and
machinery | ||||||
9 | for those undertakings; for the maintenance and operation of | ||||||
10 | open spaces; and for the payment of any outstanding
orders, all | ||||||
11 | in the manner and proportions the legal voters of the township
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12 | determine at their annual township meeting or special township | ||||||
13 | meeting duly
called for that purpose.
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14 | (Source: Laws 1889, p. 357; P.A. 88-62.)
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15 | Section 99. Effective date. This Act takes effect upon | ||||||
16 | becoming law.".
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