File #: 18-4461    Version: 1 Name: CREATING A SHERIFF’S OPERATIONS STATE ASSET FORFEITURE AND MONEY LAUNDERING STATE ASSET FOREFEITURE FUNDS
Type: Ordinance Status: Approved
File created: 6/21/2018 In control: Finance Committee
On agenda: 6/27/2018 Final action: 7/25/2018
Title: PROPOSED ORDINANCE CREATING A SHERIFF'S OPERATIONS STATE ASSET FORFEITURE AND MONEY LAUNDERING STATE ASSET FOREFEITURE FUNDS BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 46 - Law Enforcement, Article II. - Sheriff, Division 1-Generally, Subdivision I - In General, Sections 46-37.2 and 46-37.3 of the Cook County Code are hereby enacted as Follows: Sec. 46-37.2. Sheriff's Operations State Asset Forfeiture Fund. Illinois compiled statues 720 ILCS 550/12 and 720 ILCS 570/505 enables the Sheriff's Operations State Asset Forfeiture fund. In accordance with these statues the Sheriff's Office receives a portion of the monies and the sale of proceeds of all other property forfeited and seized for conducting or participating in drug and controlled substance investigations resulting in forfeiture. Sec. 46-37.3. Sheriff's Money Laundering State Asset Forfeiture Fund Illinois compiled statues 720 ILCS 5/29B, enables the Sheriff's Money Laundering State Asset Forf...
Sponsors: LARRY SUFFREDIN, LUIS ARROYO JR, RICHARD R. BOYKIN, JERRY BUTLER, JOHN P. DALEY, DENNIS DEER, JOHN A. FRITCHEY, BRIDGET GAINER, JESÚS G. GARCÍA, GREGG GOSLIN, EDWARD M. MOODY, STANLEY MOORE, SEAN M. MORRISON, TIMOTHY O. SCHNEIDER, PETER N. SILVESTRI, DEBORAH SIMS, JEFFREY R. TOBOLSKI

title

PROPOSED ORDINANCE

 

CREATING A SHERIFF’S OPERATIONS STATE ASSET FORFEITURE AND MONEY LAUNDERING STATE ASSET FOREFEITURE FUNDS

 

BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 46 - Law Enforcement, Article II. - Sheriff, Division 1-Generally, Subdivision I - In General, Sections 46-37.2 and 46-37.3 of the Cook County Code are hereby enacted as Follows:

 

Sec. 46-37.2.  Sheriff’s Operations State Asset Forfeiture Fund.

 

Illinois compiled statues 720 ILCS 550/12 and 720 ILCS 570/505 enables the Sheriff’s Operations State Asset Forfeiture fund. In accordance with these statues the Sheriff’s Office receives a portion of the monies and the sale of proceeds of all other property forfeited and seized for conducting or participating in drug and controlled substance investigations resulting in forfeiture.

 

Sec. 46-37.3.  Sheriff’s Money Laundering State Asset Forfeiture Fund

 

Illinois compiled statues 720 ILCS 5/29B, enables the Sheriff’s Money Laundering State Asset Forfeiture fund. In accordance with this statue the Sheriff’s Office receives a portion of the monies and the sale of proceeds of all other property forfeited and seized for conducting or participating in money laundering investigations resulting in forfeiture.

 

Effective date:  This ordinance shall be in effect immediately upon adoption.

end