Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 3501/845-5

(20 ILCS 3501/845-5)

Sec. 845-5.

Bond limitations.

(a) The Authority may not have outstanding at any one time bonds
for any of its corporate purposes in an aggregate principal amount exceeding $28,150,000,000, excluding bonds issued to refund the bonds of the Authority or
bonds of the Predecessor Authorities.

(b) The Authority may not have outstanding at any one time revenue bonds in  an aggregate principal amount exceeding $4,000,000,000 on behalf of the Illinois Power Agency as set forth in Section 825-90.  Any such revenue bonds issued on behalf of the Illinois Power Agency pursuant to  this Act  shall not be counted against the bond authorization limit  set forth in subsection (a).

(Source: P.A. 94-1068, eff. 8-1-06; 95-481, eff. 8-28-07; 95-697, eff. 11-6-07; 95-876, eff. 8-21-08; 95-879, eff. 8-21-08.)