SB0235ham001 96TH GENERAL ASSEMBLY

Executive Committee

Filed: 5/21/2009

09600SB0235ham001 LRB096 04037 NHT 27205 a

AMENDMENT TO SENATE BILL 235

AMENDMENT NO. ______. Amend Senate Bill 235 by replacing everything after the enacting clause with the following:

"Section 5. The School Code is amended by changing Section 34A-604 as follows:

(105 ILCS 5/34A-604) (from Ch. 122, par. 34A-604)

Sec. 34A-604. Abolition of Authority. The Authority shall be abolished one year after all its Obligations have been fully paid and discharged or otherwise provided for. Upon the abolition of the Authority, all of its rights and property shall pass to and be vested in the Board State.

(Source: P.A. 81-1221.)".