Illinois General Assembly - Illinois Compiled Statutes

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30 ILCS 330/7.5

(30 ILCS 330/7.5)

Sec. 7.5.

Tobacco securitization general obligation bonds.

The amount of
$750,000,000 is authorized to be issued only during fiscal year 2003 for the
making of deposits of 50% of net proceeds to the General Revenue Fund to build
the fiscal year ending general funds cash balance and to meet the ordinary and
contingent expenses of the State and 50% of net proceeds to the Budget
Stabilization Fund.

(Source: P.A. 92-596, eff. 6-28-02.)