SB1625 Enrolled LRB094 10335 RSP 40605 b

1     AN ACT concerning State government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Finance Authority Act is amended by
5 changing Section 845-5 as follows:
 
6     (20 ILCS 3501/845-5)
7     Sec. 845-5. The Authority may not have outstanding at any
8 one time bonds for any of its corporate purposes in an
9 aggregate principal amount exceeding $25,200,000,000
10 $24,000,000,000, excluding bonds issued to refund the bonds of
11 the Authority or bonds of the Predecessor Authorities.
12 (Source: P.A. 93-205, eff. 1-1-04; 93-1101, eff. 3-31-05.)
 
13     Section 99. Effective date. This Act takes effect upon
14 becoming law.