Lines of credit

35 ILCS 200/27-105, under Special Service Area Tax Law.

35 ILCS 200/27-105

(35 ILCS 200/27-105)     Sec. 27-105. Lines of credit. Special service area commissions may not establish a loan or line of credit in connection with the special service area. Service provider agencies in those municipalities may establish a loan or line of credit in connection with the special service area; however, financing under this Section may not be secured by future tax revenue generated by the special service area.

(Source: P.A. 99-930, eff. 1-20-17.)