Loading chat...
IL HB4252
Bill
Status
Failed
1/8/2019
Primary Sponsor
Thomas Bennett
Click for details
AI Summary
- Amends the Township Code Section 85-65 regarding accumulation of township funds.
- Excludes the township's general assistance fund from the restriction limiting fund accumulation.
- Maintains existing restriction that township funds (excluding capital fund) cannot exceed 2.5 times the annual average expenditure of the previous 3 fiscal years.
- Adds general assistance fund to the list of exempted funds alongside the capital fund.
Legislative Description
TWP CD-FUNDS ACCUMULATION
Last Action
Session Sine Die
1/8/2019
Committee Referrals
Rules4/13/2018
Counties & Townships2/27/2018
Rules1/16/2018
Full Bill Text
No bill text available