Bill Amendment: IL HB3163 | 2017-2018 | 100th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: TREASURY-ABLE ACCOUNT

Status: 2019-01-08 - Session Sine Die [HB3163 Detail]

Download: Illinois-2017-HB3163-Senate_Amendment_001.html

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Sen. John J. Cullerton

Filed: 5/25/2017

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AMENDMENT TO HOUSE BILL 3163
AMENDMENT NO. ______. Amend House Bill 3163 by replacing
everything after the enacting clause with the following:
"Section 5. The State Treasurer Act is amended by changing
Section 1 as follows:
(15 ILCS 505/1) (from Ch. 130, par. 1)
Sec. 1. Bond. That That the Treasurer of this State shall
give bond, before entering upon the duties of his or her
office, in the penal sum of $500,000 by inclusion in the
blanket bond or bonds or self-insurance program provided for in
Sections 14.1 and 14.2 of the Official Bond Act. The bond shall
be conditioned (i) for the faithful discharge of the
Treasurer's duties, (ii) to deliver up all moneys, papers,
books, records, and other property appertaining to his or her
office, whole, safe, and undefaced, to the successor in office,
and (iii) that the Treasurer will give additional bonds when

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legally required.
(Source: P.A. 90-372, eff. 7-1-98.)".