Illinois General Assembly - Full Text of SB3514
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Full Text of SB3514  96th General Assembly

SB3514ham007 96TH GENERAL ASSEMBLY

Rep. Barbara Flynn Currie

Filed: 5/24/2010

 

 


 

 


 
09600SB3514ham007 LRB096 18423 RCE 41655 a

1
AMENDMENT TO SENATE BILL 3514

2     AMENDMENT NO. ______. Amend Senate Bill 3514, AS AMENDED,
3 by inserting Article 15 in its proper numeric sequence as
4 follows:
 
5
"ARTICLE 15.

 
6     Section 5. The Illinois Municipal Code is amended by adding
7 Section 11-135-4.5 as follows:
 
8     (65 ILCS 5/11-135-4.5 new)
9     Sec. 11-135-4.5. Alternate Bonds. From time to time, a
10 commission may, after meeting all of the conditions set forth
11 in Section 15 of the Local Government Debt Reform Act, issue
12 alternate bonds as authorized under Section 15 of the Local
13 Government Debt Reform Act.".