ICCTA Action Alert
July 26, 2001

Gov. Ryan Signs Treasurer Bond Bill

Gov. George Ryan today signed House Bill 1905 into law. This ICCTA initiative reduces the amount of the required bond for community college treasurers (outside of Chicago) to equal the rate for K-12 board treasurers. This 50% reduction in premium payments will save community colleges between $350,000 and $500,000 per year.

For additional information on state legislative issues, contact ICCTA at 1-800-454-2282.

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Illinois Community College Trustees Association
401 E. Capitol Ave., Suite 200
Springfield, IL 62701-1711
217-528-2858 (phone)
217-528-8662 (fax)
ICCTA@communitycolleges.org (e-mail)

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