TITLE 8: AGRICULTURE AND ANIMALS
CHAPTER I: DEPARTMENT OF AGRICULTURE
SUBCHAPTER r: AGRICULTURAL FOREIGN INVESTMENT
PART 800 AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE ACT
SECTION 800.45 REFUND PROCEDURES


 

Section 800.45  Refund Procedures

 

All monies collected from penalties shall be deposited in the general revenue fund. In the event that the aggregate penalty imposed by this Act and Public Law 95-460 exceeds 25% of the fair market value of the interest in the agricultural land with respect to which such violation occurred, the amount of the penalty in excess of 25% will be refunded to the violator at the direction of the Illinois General Assembly.