Bill Text: IL HB4867 | 2019-2020 | 101st General Assembly | Introduced

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Bill Title: Amends the Township Code. Provides that township funds that shall not exceed an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years include general assistance funds.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB4867 Detail]

Download: Illinois-2019-HB4867-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 HB4867 Introduced , by Rep. Kathleen Willis SYNOPSIS AS INTRODUCED:
60 ILCS 1/85-65
Amends the Township Code. Provides that township funds that shall not exceed an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years include general assistance funds.
LRB101 18570 AWJ 68025 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB4867 LRB101 18570 AWJ 68025 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 Township Code is amended by changing Section
85-65 as follows:
(60 ILCS 1/85-65)
Sec. 85-65. Accumulation of funds. Township funds,
including, but not limited to, general assistance funds and
excluding the township's capital fund, shall not exceed an
amount equal to or greater than 2.5 times the annual average
expenditure of the previous 3 fiscal years.
(Source: P.A. 100-474, eff. 9-8-17.)