Bill Text: IL SB1799 | 2021-2022 | 102nd General Assembly | Chaptered
Bill Title: Amends the Township Code. Provides that general assistance funds are included in provisions prohibiting accumulation of township funds that exceed an amount equal to or greater than 2.5 times the annual average expenditure of the previous 3 fiscal years. Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2021-07-30 - Public Act . . . . . . . . . 102-0231 [SB1799 Detail]
Download: Illinois-2021-SB1799-Chaptered.html
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| Public Act 102-0231 | ||||
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Township Code is amended by changing | ||||
Section 85-65 as follows:
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(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.
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(Source: P.A. 100-474, eff. 9-8-17.)
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