(70 ILCS 3720/0.04)
Sec. 0.04.
Five-year annual transfer of funds to home county.
Beginning
July 1, 2003 and prior to July 1 of each year through and including 2007, each
county water commission shall from any legally available sources transfer the
sum of $15,000,000 to the county board of the home county to be used for county
purposes. This amendatory Act of the 93rd General Assembly is subordinate to
any legally required payment of principal, interest, or required reserve
pursuant to the county water commission's debt obligations.
(Source: P.A. 93-226, eff. 7-22-03.)
|