Bill Text: IL HB4872 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced) 2024-04-19 - House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB4872 Detail]

Download: Illinois-2023-HB4872-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4872 Introduced , by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED:
65 ILCS 5/8-1-19 new
Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025.
LRB103 37576 AWJ 67702 b
A BILL FOR
HB4872 LRB103 37576 AWJ 67702 b
AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Municipal Code is amended by
adding Section 8-1-19 as follows:
(65 ILCS 5/8-1-19 new)
Sec. 8-1-19. Matching payments for grants. A municipality
shall receive a waiver from paying a required match to a State
grant of State moneys if the municipality meets all the other
requirements needed for approval of the grant and submits
documentation to the Governor's Office of Management and
Budget, in a form and manner prescribed by the Office, that the
municipality:
(1) has a population under 25,000;
(2) has over 13% of its residents under the poverty
guidelines updated periodically in the Federal Register by
the U.S. Department of Health and Human Services under the
authority of 42 U.S.C. 9902(2);
(3) has had a negative fund balance within the past 5
years; or
(4) has at least twice the debt compared to the retail
market value of the municipality's real and personal
property and moneys in the municipality's accounts.

HB4872 - 2 - LRB103 37576 AWJ 67702 b