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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0619 Introduced 01/31/11, by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
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Amends the Governors State University Revenue Bond Law. Makes a technical
change in a Section concerning prohibitions against obligating the State.
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| | A BILL FOR |
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| | HB0619 | | LRB097 03447 NHT 43484 b |
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| 1 | | AN ACT concerning education.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Governors State University Revenue Bond Law |
| 5 | | is amended by changing Section 16-40 as follows:
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| 6 | | (110 ILCS 671/16-40)
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| 7 | | Sec. 16-40. Prohibitions Against Obligating the State of |
| 8 | | Illinois. Nothing
in this Article shall be construed to |
| 9 | | authorize the
the Board or the University to
contract a debt on |
| 10 | | behalf of, or in any way to obligate, the State of Illinois,
or |
| 11 | | to pledge, assign or encumber in any way, or to permit the |
| 12 | | pledging,
assigning or encumbering in any way, of |
| 13 | | appropriations made by the General
Assembly of the State of |
| 14 | | Illinois. |
| 15 | | (Source: P.A. 89-4, eff. 1-1-96.)
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