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Rep. Gary Hannig
Filed: 4/11/2006
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09400SB1625ham004 |
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LRB094 10335 BDD 58259 a |
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| AMENDMENT TO SENATE BILL 1625
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| AMENDMENT NO. ______. Amend Senate Bill 1625, AS AMENDED, |
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| by replacing everything after the enacting clause with the |
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| following:
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| "Section 5. The Illinois Finance Authority Act is amended |
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| by changing Section 845-5 as follows:
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| (20 ILCS 3501/845-5)
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| Sec. 845-5. The Authority may not have outstanding at any |
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| one time bonds
for any of its corporate purposes in an |
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| aggregate principal amount exceeding $25,200,000,000
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| $24,000,000,000, excluding bonds issued to refund the bonds of |
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| the Authority or
bonds of the Predecessor Authorities.
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| (Source: P.A. 93-205, eff. 1-1-04; 93-1101, eff. 3-31-05.)
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.".
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