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Public Act 102-0231 |
SB1799 Enrolled | LRB102 14493 AWJ 19846 b |
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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: |
(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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Section 99. Effective date. This Act takes effect upon |
becoming law. |