Bill Amendment: IL HB4677 | 2021-2022 | 102nd General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: MRWD–PENSION BONDS
Status: 2022-04-22 - Public Act . . . . . . . . . 102-0707 [HB4677 Detail]
Download: Illinois-2021-HB4677-House_Amendment_001.html
Bill Title: MRWD–PENSION BONDS
Status: 2022-04-22 - Public Act . . . . . . . . . 102-0707 [HB4677 Detail]
Download: Illinois-2021-HB4677-House_Amendment_001.html
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| 1 | AMENDMENT TO HOUSE BILL 4677
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| 2 | AMENDMENT NO. ______. Amend House Bill 4677 on page 6, by | ||||||
| 3 | replacing lines 4 through 8 with the following:
"of the | ||||||
| 4 | Metropolitan Water Reclamation District Act; (h-8) made for | ||||||
| 5 | payments of principal and interest on bonds issued under | ||||||
| 6 | Section 9.6a of the Metropolitan Water Reclamation District | ||||||
| 7 | Act to make contributions to the pension fund established | ||||||
| 8 | under Article 13 of the Illinois Pension Code; (i) made for | ||||||
| 9 | payments of"; and
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| 10 | on page 6, line 14, by replacing "subsection (h)" with | ||||||
| 11 | "subsections subsection (h) and (h-8)"; and
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| 12 | on page 20, lines 7 and 8, by deleting "until the end of fiscal | ||||||
| 13 | year 2031"; and
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| 14 | by deleting line 21 on page 20 through line 2 on page 21; and
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| 1 | on page 21, line 16, by replacing "Fund." with "Fund, except | ||||||
| 2 | for the amount of revenue to be retained by the District and | ||||||
| 3 | used to pay principal and interest on bonds issued for the sole | ||||||
| 4 | purpose of making contributions to the Fund as set forth in | ||||||
| 5 | Section 9.6a of the Metropolitan Water Reclamation District | ||||||
| 6 | Act."; and
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| 7 | on page 24, line 12, by replacing "in the principal amount of" | ||||||
| 8 | with "in a principal amount not to exceed"; and
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| 9 | on page 24, line 16, by replacing "subsection" with | ||||||
| 10 | "paragraph".
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