Bill Text: IL SB0731 | 2019-2020 | 101st General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the Abraham Lincoln Presidential Library and Museum Act. Provides that the terms of the mutual cooperation between the Abraham Lincoln Presidential Library and Museum ("Agency") and the Abraham Lincoln Presidential Library and Museum Foundation ("Foundation") shall be set forth in a memorandum of understanding. Provides that the memorandum of understanding will include, at a minimum: (a) authorization for the Foundation to operate food service, catering service, and retail activities at the Abraham Lincoln Presidential Library and Museum with the net proceeds being made available to the Agency; (b) disclosure by the Foundation of specified financial information and tax returns to the Agency; and (c) creation of a working group composed of 3 members of the Agency Board and 3 members of the Foundation Board, together with the State Historian. Provides that the working group shall collaborate to advance the interests of the Abraham Lincoln Presidential Library and Museum and shall develop an official mission statement for the Library and Museum to align and guide the efforts of both the Agency and the Foundation. Provides that the State Historian shall serve as chair. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Passed) 2019-08-23 - Public Act . . . . . . . . . 101-0535 [SB0731 Detail]

Download: Illinois-2019-SB0731-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB0731 Introduced 1/31/2019, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
15 ILCS 505/1 from Ch. 130, par. 1
Amends the State Treasurer Act. Makes a technical change in a Section concerning bond.
LRB101 04492 RJF 49500 b
A BILL FOR
SB0731 LRB101 04492 RJF 49500 b
AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
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
legally required.
(Source: P.A. 90-372, eff. 7-1-98.)