99TH GENERAL ASSEMBLY

 

State of Illinois

 

2015 and 2016   

HB6400

 

Introduced , by Rep. Jim Durkin - John M. Cabello

 

SYNOPSIS AS INTRODUCED:

 

Makes appropriations for the ordinary and contingent expenses of the Metropolitan Pier and Exposition Authority for the fiscal year beginning July 1, 2016, as follows:

Other State Funds                $192,926,000

 

 

 

OMB099 00249 VLC 20249 b

 

 

 

 

 

  $MPEA FY17 OCE

 

 

 

    AN ACT concerning appropriations.

 

        Be it enacted by the People of the State of Illinois, represented in the General Assembly:

 

ARTICLE 1

 

    Section 1.  The sum of $177,926,000, or so much thereof as may be necessary, is appropriated from the McCormick Place Expansion Project Fund to the Metropolitan Pier and Exposition Authority for debt service on the Authority's McCormick Place Expansion Project Bonds, issued pursuant to the "Metropolitan Pier and Exposition Authority Act", as amended, and related trustee and legal expenses.

 

    Section 5.  The sum of $15,000,000, or so much thereof as may be necessary, is appropriated to the Metropolitan Pier and Exposition Authority from the Metropolitan Pier and Exposition Authority Incentive Fund for Fiscal Year 2017 for certified incentives paid to conventions, meetings and trade shows held at the McCormick Place Convention Center and Navy Pier complexes during Fiscal Year 2017.

 

Section 99. Effective date.  This Act takes effect July 1, 2016, if and only if Senate Bill 2789 of the 99th General Assembly (the Unbalanced Budget Response Act), as introduced in the Illinois Senate, becomes law.