95TH GENERAL ASSEMBLY

 

State of Illinois

 

2007 and 2008   

HB3850

 

Introduced 3/13/2007, by Rep. Michael J. Madigan - Gary Hannig - Karen A. Yarbrough

 

SYNOPSIS AS INTRODUCED:

 

Makes appropriations for the ordinary and contingent expenses of the Southwestern Illinois Development Authority for the fiscal year beginning July 1, 2007, as follows:

 

General Revenue Fund                 $3,602,610

 

 

 

OMB095 00072 RAC 20072 b

 

 

 

 

 

$08 SWIDA OCE

 

 

 


    AN ACT concerning appropriations.

 

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

 

 

ARTICLE 1

 

    Section 5.  The sum of $737,281, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Spectrulite Consortium Inc.

 

    Section 10.  The sum of $448,268, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Waste Recovery-Illinois and related trustee and legal expenses.

 

    Section 15.  The sum of $1,025,918, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Alton Business Center Business Park.

 

    Section 20.  The sum of $1,391,143, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Laclede Steel-Illinois.

 

Section 99. Effective date. This Act takes effect July 1, 2007.