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<xml>
<title>Illinois General Assembly - Bill Status for HB 4976   </title>
<shortdesc>CHGO PARK ABOLISH WORKING CASH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Harry Osterman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>70 ILCS 1510/4.1 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Chicago Park District Working Cash Fund Act. Allows the Chicago Park District commissioners to abolish its working cash fund. Provides that any remaining balance in the fund is transferred to the Chicago Park District's general corporate fund at the end of the then current fiscal year. Provides that any outstanding loans to other District funds shall be paid or become payable to the general corporate fund of the Chicago Park District at the close of the then current fiscal year. States that any obligation incurred by the Chicago Park District for the working cash fund shall be discharged as originally provided. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2006</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Harry Osterman</action>
<statusdate>1/23/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/23/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

