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Public Act 91-0071
HB0891 Enrolled LRB9101068PTpk
AN ACT concerning commemorative medallions.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 1. Short title. This Act may be cited as the
Commemorative Medallions Act.
Section 5. Issuance of commemorative medallions. The
State Treasurer may issue medallions to commemorate popular
contemporaneous events of Statewide interest.
The Treasurer shall select one or more vendors for the
production, distribution, marketing, and sale of the
medallions. The Treasurer shall require that the vendors
share a percentage of the proceeds of the sale of the
medallions with a not-for-profit corporation organized under
the General Not For Profit Corporation Act of 1986 that is
related to the public purpose for which the medallions were
issued.
Section 10. Selection of events to be commemorated. The
General Assembly shall select the events to be commemorated
by joint resolution adopted by the affirmative vote of at
least three-fifths of the members elected to each house. The
State Treasurer may recommend a limit of the number of series
of medallions to be issued in a calendar year by giving
notice of the recommended limitation to the General Assembly
before December 1 of the preceding calendar year.
Section 15. Rules. The State Treasurer may promulgate
rules to implement this Act.
Section 99. Effective date. This Act takes effect upon
becoming law.
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