Bill Amendment: IL SB0734 | 2017-2018 | 100th General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: MUNI CD-FINANCIAL INSTITUTIONS
Status: 2018-02-14 - Total Veto Stands [SB0734 Detail]
Download: Illinois-2017-SB0734-House_Amendment_001.html
Bill Title: MUNI CD-FINANCIAL INSTITUTIONS
Status: 2018-02-14 - Total Veto Stands [SB0734 Detail]
Download: Illinois-2017-SB0734-House_Amendment_001.html
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| 1 | AMENDMENT TO SENATE BILL 734
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 734 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Metropolitan Pier and Exposition Authority | ||||||
| 5 | Act is amended by changing Section 14 as follows:
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| 6 | (70 ILCS 210/14) (from Ch. 85, par. 1234) | ||||||
| 7 | Sec. 14. Board; compensation. The governing and | ||||||
| 8 | administrative body of the Authority shall be a
board known as | ||||||
| 9 | the Metropolitan Pier and Exposition Board. On the effective | ||||||
| 10 | date of this amendatory Act of the 96th General Assembly, the | ||||||
| 11 | Trustee shall assume the duties and powers of the Board for a | ||||||
| 12 | period of 18 months or until the Board is fully constituted, | ||||||
| 13 | whichever is later. Any action requiring Board approval shall | ||||||
| 14 | be deemed approved by the Board if the Trustee approves the | ||||||
| 15 | action in accordance with Section 14.5. Beginning the first | ||||||
| 16 | Monday of the month occurring 18 months after the effective | ||||||
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| 1 | date of this amendatory Act of the 96th General Assembly, the | ||||||
| 2 | Board shall consist of 9 members. The Governor shall appoint 4 | ||||||
| 3 | members to the Board, subject to the advice and consent of the | ||||||
| 4 | Senate. The Mayor shall appoint 4 members to the Board. At | ||||||
| 5 | least one member of the Board shall represent the interests of | ||||||
| 6 | labor and at least one member of the Board shall represent the | ||||||
| 7 | interests of the convention industry. A majority of the members | ||||||
| 8 | appointed by the Governor and Mayor shall appoint a ninth | ||||||
| 9 | member to serve as the chairperson. The Board shall be fully | ||||||
| 10 | constituted when a quorum has been appointed. The members of
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| 11 | the board shall be individuals of generally recognized ability | ||||||
| 12 | and
integrity. No member of the Board may be (i) an
officer or | ||||||
| 13 | employee of, or a member of a board, commission or authority | ||||||
| 14 | of,
the State, any unit of local government or any school | ||||||
| 15 | district or (ii) a person who served on the Board prior to the | ||||||
| 16 | effective date of this amendatory Act of the 96th General | ||||||
| 17 | Assembly. | ||||||
| 18 | Of the initial members appointed by the Governor, one shall | ||||||
| 19 | serve for a term expiring June 1, 2013, one shall serve for a | ||||||
| 20 | term expiring June 1, 2014, one shall serve for a term expiring | ||||||
| 21 | June 1, 2015, and one shall serve for a term expiring June 1, | ||||||
| 22 | 2016, as determined by the Governor. Of the initial members | ||||||
| 23 | appointed by the Mayor, one shall serve for a term expiring | ||||||
| 24 | June 1, 2013, one shall serve for a term expiring June 1, 2014, | ||||||
| 25 | one shall serve for a term expiring June 1, 2015, and one shall | ||||||
| 26 | serve for a term expiring June 1, 2016, as determined by the | ||||||
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| 1 | Mayor. The initial chairperson appointed by the Board shall | ||||||
| 2 | serve a term for a term expiring June 1, 2015. Successors shall | ||||||
| 3 | be appointed to 4-year terms. No person may be appointed to | ||||||
| 4 | more than 3 2 terms. | ||||||
| 5 | Members of the Board shall serve without compensation, but | ||||||
| 6 | shall be reimbursed for actual
expenses incurred by them in the | ||||||
| 7 | performance of their duties. All members of
the Board and | ||||||
| 8 | employees of the Authority are subject to the Illinois
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| 9 | Governmental Ethics Act, in accordance with its terms. | ||||||
| 10 | (Source: P.A. 96-882, eff. 2-17-10; 96-898, eff. 5-27-10.)
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| 11 | Section 99. Effective date. This Act takes effect upon | ||||||
| 12 | becoming law.".
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