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90_HB0794 50 ILCS 20/22.1 from Ch. 85, par. 1052.1 Amends the Public Building Commission Act. Provides that a public building commission which has not issued any bonds, has no indebtedness, and has no operational leases (now has not issued any bonds and has no indebtedness) may be dissolved. Effective immediately. LRB9003784MWcd LRB9003784MWcd 1 AN ACT to amend the Public Building Commission Act by 2 changing Section 22.1. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Public Building Commission Act is 6 amended by changing Section 22.1 as follows: 7 (50 ILCS 20/22.1) (from Ch. 85, par. 1052.1) 8 Sec. 22.1. (a) Any Public Building Commission which has 9 not issued any bonds,andhas no indebtedness, and has no 10 operational leases may be dissolved upon the filing, by the 11 presiding officer of the municipality, county seat or county 12 board which organized such Commission, in the office of the 13 recorder a copy of a resolution adopted by the governing body 14 of such municipality, county seat or county board approving 15 such dissolution. 16 (b) Any Public Building Commission which has fulfilled 17 the purpose for which it was created, and all bonds issued by 18 it and all of its contractual obligations except personnel 19 contracts have been paid, may be dissolved, upon the filing 20 by the presiding officer of the municipality, county seat or 21 county board which organized such Commission, in the office 22 of the recorder, a copy of a resolution adopted by the 23 governing body of such municipality, county seat or county 24 board approving such dissolution. Upon the dissolution of 25 such Commission pursuant to this subsection, the Treasurer of 26 the Commission shall cause all remaining funds under his 27 control to be transferred to the Treasurer of the 28 municipality, county seat or county which organized the 29 Commission. 30 (Source: P.A. 83-358.) -2- LRB9003784MWcd 1 Section 99. Effective date. This Act takes effect upon 2 becoming law.