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IL SB1799
Bill
Status
Passed
7/30/2021
Primary Sponsor
Thomas Cullerton
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AI Summary
- Amends Section 85-65 of the Township Code regarding accumulation of township funds
- Specifies that township funds, including general assistance funds but excluding the capital fund, cannot exceed 2.5 times the annual average expenditure of the previous 3 fiscal years
- Clarifies that general assistance funds are subject to the accumulation limit
- Effective date carried forward from previous legislation (P.A. 100-474, eff. 9-8-17)
Legislative Description
TWP CD-ACCUMULATION OF FUNDS
Last Action
Public Act . . . . . . . . . 102-0231
7/30/2021
Committee Referrals
Counties & Townships5/4/2021
Rules4/27/2021
Local Government3/9/2021
Assignments2/26/2021
Full Bill Text
No bill text available