103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4872 Introduced , by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED: 65 ILCS 5/8-1-19 new Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025. LRB103 37576 AWJ 67702 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4872 Introduced , by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED: 65 ILCS 5/8-1-19 new 65 ILCS 5/8-1-19 new Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025. LRB103 37576 AWJ 67702 b LRB103 37576 AWJ 67702 b A BILL FOR
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4872 Introduced , by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED:
65 ILCS 5/8-1-19 new 65 ILCS 5/8-1-19 new
65 ILCS 5/8-1-19 new
Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025.
LRB103 37576 AWJ 67702 b LRB103 37576 AWJ 67702 b
LRB103 37576 AWJ 67702 b
A BILL FOR
HB4872LRB103 37576 AWJ 67702 b HB4872 LRB103 37576 AWJ 67702 b
HB4872 LRB103 37576 AWJ 67702 b
1 AN ACT concerning local government.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Municipal Code is amended by
5 adding Section 8-1-19 as follows:
6 (65 ILCS 5/8-1-19 new)
7 Sec. 8-1-19. Matching payments for grants. A municipality
8 shall receive a waiver from paying a required match to a State
9 grant of State moneys if the municipality meets all the other
10 requirements needed for approval of the grant and submits
11 documentation to the Governor's Office of Management and
12 Budget, in a form and manner prescribed by the Office, that the
13 municipality:
14 (1) has a population under 25,000;
15 (2) has over 13% of its residents under the poverty
16 guidelines updated periodically in the Federal Register by
17 the U.S. Department of Health and Human Services under the
18 authority of 42 U.S.C. 9902(2);
19 (3) has had a negative fund balance within the past 5
20 years; or
21 (4) has at least twice the debt compared to the retail
22 market value of the municipality's real and personal
23 property and moneys in the municipality's accounts.
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4872 Introduced , by Rep. Debbie Meyers-Martin SYNOPSIS AS INTRODUCED:
65 ILCS 5/8-1-19 new 65 ILCS 5/8-1-19 new
65 ILCS 5/8-1-19 new
Amends the Illinois Municipal Code. Provides that a municipality shall receive a waiver from paying a required match to a State grant of State moneys if the municipality meets all the other requirements needed for approval of the grant and submits documentation to the Governor's Office of Management and Budget, in a form and manner prescribed by the Office, that the municipality: (1) has a population under 25,000; (2) has over 13% of its residents under the federal poverty guidelines; (3) has had a negative fund balance within the past 5 years; or (4) has at least twice the debt compared to the retail market value of the municipality's real and personal property and moneys in the municipality's accounts.. Effective July 1, 2025.
LRB103 37576 AWJ 67702 b LRB103 37576 AWJ 67702 b
LRB103 37576 AWJ 67702 b
A BILL FOR
65 ILCS 5/8-1-19 new
LRB103 37576 AWJ 67702 b
HB4872 LRB103 37576 AWJ 67702 b
HB4872- 2 -LRB103 37576 AWJ 67702 b HB4872 - 2 - LRB103 37576 AWJ 67702 b
HB4872 - 2 - LRB103 37576 AWJ 67702 b
HB4872 - 2 - LRB103 37576 AWJ 67702 b