Illinois Compiled Statutes > 50 ILCS 531 – Local Government Electronic Reverse Auction Act (enacted by P.A. 96-795)
Current as of: 2024 | Check for updates
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| Article 1 | Local Government Electronic Reverse Auction Act |
| Article 99 | Effective Date |
Terms Used In Illinois Compiled Statutes > 50 ILCS 531 - Local Government Electronic Reverse Auction Act (enacted by P.A. 96-795)
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Conviction: A judgement of guilt against a criminal defendant.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Germane: On the subject of the pending bill or other business; a strict standard of relevance.
- Municipalities: has the meaning established in Section 1 of Article VII of the Constitution of the State of Illinois of 1970. See Illinois Compiled Statutes 5 ILCS 70/1.27
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Quorum: The number of legislators that must be present to do business.
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.