State of Illinois
91st General Assembly
Public Acts

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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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