Bill Amendment: IL SB3071 | 2019-2020 | 101st General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: ABLE ACCOUNT PROG-DISTRIBUTION

Status: 2021-01-13 - Session Sine Die [SB3071 Detail]

Download: Illinois-2019-SB3071-House_Amendment_001.html

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Rep. Gregory Harris

Filed: 1/7/2021

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AMENDMENT TO SENATE BILL 3071
AMENDMENT NO. ______. Amend Senate Bill 3071 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

10100SB3071ham001 - 2 - LRB101 17167 RJF 74578 a
legally required.
(Source: P.A. 90-372, eff. 7-1-98.)".