93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5513


 
Introduced 2/6/2004, by Michael J. Madigan
 
SYNOPSIS AS INTRODUCED:
 		












50 ILCS 405/1.5b
  from Ch. 85, par. 851.5b









    Amends the Local Government Debt Limitation Act.  Makes a technical change
in a Section exempting certain indebtedness of fire protection districts from
the
indebtedness limitation of the Act.
















LRB093 17245 MKM 42911 b

















 


 


A BILL FOR









 











HB5513

LRB093 17245 MKM 42911 b






1
    AN ACT concerning local government. 

 
2
    Be it enacted by the People of the State of Illinois, 
3
represented in the General Assembly: 


 
4
    Section 5. The Local Government Debt Limitation Act is 
5
amended by changing
Section 1.5b as follows:


 
6
    (50 ILCS 405/1.5b)  (from Ch. 85, par. 851.5b)

7
    Sec. 1.5b. The limitation prescribed in Section 1 of this 
8
Act does
shall not
apply to any indebtedness of any fire 
9
protection district to acquire,
establish, maintain and 
10
operate fire stations, including the acquisition of
a site or 
11
sites therefor, facilities, vehicles, apparatus and equipment 
12
for
fire protection purposes.


13
(Source: Laws 1957, p. 204.)