Loading chat...

IL SB1799

Bill

Status

Passed

7/30/2021

Primary Sponsor

Thomas Cullerton

Click for details

Origin

Senate

102nd General Assembly

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