Chapter 30 — FINANCE

(30 ILCS 240/1) (from Ch. 102, par. 19) Sec. 1. No action shall be brought nor shall any action lie against the treasurer or custodian of any public funds which have been, or hereafter may be, lawfully deposited in any bank which has closed or failed, or hereafter may close or fa…

(30 ILCS 245/0.01) (from Ch. 102, par. 36) Sec. 0.01. Short title. This Act may be cited as the Payments for Governmental Services Act. (Source: P.A. 86-1324.)

(30 ILCS 245/1) (from Ch. 102, par. 37) Sec. 1. As used in this Act: (a) "Public official" means any person who occupies any office, position or employment in the government of the State of Illinois or any county, municipality or political subdivision thereof, or any school distr…

(30 ILCS 245/2) (from Ch. 102, par. 38) Sec. 2. No public official shall specify, or suggest in any manner, that an instrument to be tendered in payment for governmental services, fees, or taxes should be made payable to a named person. (Source: P.A. 78-442.)

(30 ILCS 250/0.01) (from Ch. 120, par. 1600) Sec. 0.01. Short title. This Act may be cited as the Tennessee Valley Authority Payment Act. (Source: P.A. 86-1324.)

(30 ILCS 250/1) (from Ch. 120, par. 1601) Sec. 1. Beginning October 1, 1981 and each October 1, thereafter 30% of the total annual fiscal year payment received by the State of Illinois from the Tennessee Valley Authority, pursuant to Section 13 of the Tennessee Valley Authority A…

(30 ILCS 255/0.01) (from Ch. 127, par. 176a.9) Sec. 0.01. Short title. This Act may be cited as the Federal Commodity Disbursement Act. (Source: P.A. 86-1324.)

(30 ILCS 255/1) (from Ch. 127, par. 176b) Sec. 1. The Governor may receive and disburse funds and commodities made available by the federal government, or any agency thereof. In any case where such funds or commodities are made available to the State but no designation has been m…

(30 ILCS 255/2) (from Ch. 127, par. 176c) Sec. 2. Any officer, department or agency of this State who or which shall be designated by the Governor as the State Agency for Surplus Property Utilization is authorized to promulgate regulations for the carrying out of its distribution…

(30 ILCS 260/0.01) (from Ch. 127, par. 179.9) Sec. 0.01. Short title. This Act may be cited as the State Employee Illinois Workers' Compensation Commission Awards Act. (Source: P.A. 93-721, eff. 1-1-05.)

(30 ILCS 260/3) (from Ch. 127, par. 180) Sec. 3. Whenever the Illinois Workers' Compensation Commission or the Court of Claims makes an award under the terms of the Workers' Compensation Act or the Workers' Occupational Diseases Act for personal injuries or death of any State emp…

(30 ILCS 260/4) (from Ch. 127, par. 181) Sec. 4. In the event the award provides for payments in installments, the Illinois Workers' Compensation Commission or the clerk of the Court of Claims, as the case may be, shall furnish the State Comptroller and the Department of Central …

(30 ILCS 260/5) (from Ch. 127, par. 181a) Sec. 5. Federal funds for compensation of certain State employees. The State Treasurer, ex officio, may receive from the Department of Healthcare and Family Services and the Department of Human Services (as successor to the Department of …

(30 ILCS 265/1) Sec. 1. Short title. This Act may be cited as the Technology Development Act. (Source: P.A. 92-851, eff. 8-26-02.)

(30 ILCS 265/10) Sec. 10. Technology Development Account. (a) The State Treasurer may segregate a portion of the Treasurer's investment portfolio, that at no time shall be greater than 1% of the portfolio, in the Technology Development Account, an account that shall be maintained…

(30 ILCS 265/11) Sec. 11. Technology Development Account II. (a) Including the amount provided in Section 10 of this Act, the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio, that at no time shall be greater than 5% of the portfolio, in the…

(30 ILCS 265/15) Sec. 15. Rules. The State Treasurer may promulgate rules to implement this Act. (Source: P.A. 92-851, eff. 8-26-02.)

(30 ILCS 265/20) Sec. 20. Technology Development Fund. (a) The Technology Development Fund is created as a nonappropriated trust fund within the State treasury. Moneys in the Fund may be used by the State Treasurer to pay expenses related to investments from the Technology Develo…

(30 ILCS 265/5) Sec. 5. Policy. The Illinois General Assembly finds that it is important for the State to encourage technology development in the State. The purpose of this Act is to attract, assist, and retain quality technology businesses and promote the growth of jobs and entr…

(30 ILCS 265/90) Sec. 90. (Amendatory provisions; text omitted). (Source: P.A. 92-851, eff. 8-26-02; text omitted.)

(30 ILCS 265/99) Sec. 99. Effective date. This Act takes effect upon becoming law. (Source: P.A. 92-851, eff. 8-26-02.)

(30 ILCS 305/0.01) (from Ch. 17, par. 6600) Sec. 0.01. Short title. This Act may be cited as the Bond Authorization Act. (Source: P.A. 86-4.)

(30 ILCS 305/1) (from Ch. 17, par. 6601) Sec. 1. (a) As used in this Act "public corporations" mean any body corporate organized by or pursuant to the laws of this State to carry out a public governmental or proprietary function, including, without limitation of the foregoing, th…

(30 ILCS 305/2) (from Ch. 17, par. 6602) Sec. 2. Notwithstanding the provisions of any other law to the contrary, any public corporation may agree or contract to pay interest on bonds or other evidences of indebtedness and tax anticipation warrants issued pursuant to law at an in…

(30 ILCS 305/3) (from Ch. 17, par. 6603) Sec. 3. The provisions of this Act shall be cumulative and in addition to any powers or authority granted in any other laws of the State, and shall not be deemed to have repealed any provisions of existing laws. (Source: P.A. 76-1971.)

(30 ILCS 305/5) (from Ch. 17, par. 6605) Sec. 5. Industrial projects financed pursuant to "The Industrial Project Revenue Bond Act" under the "Illinois Municipal Code", approved May 29, 1961, as now or hereafter amended, and the "Industrial Building Revenue Bond Act", approved Ju…

(30 ILCS 305/6) (from Ch. 17, par. 6606) Sec. 6. Obligations issued to finance redevelopment projects pursuant to the Tax Increment Allocation Redevelopment Act shall not be subject to the provisions of this Act. (Source: P.A. 84-1418.)

(30 ILCS 305/7) (from Ch. 17, par. 6607) Sec. 7. Interest rate swaps. For purposes of this Section, terms are as defined in the Local Government Debt Reform Act. With respect to all or part of any currently outstanding or proposed issue of its bonds, a governmental unit whose agg…

(30 ILCS 310/1) (from Ch. 17, par. 6651) Sec. 1. Title of Act. This Act shall be known and may be cited as the "Registered Bond Act". (Source: P.A. 82-1059.)

(30 ILCS 310/2) (from Ch. 17, par. 6652) Sec. 2. Definitions. As used in this Act, the following words or terms shall have the meanings set forth opposite each, unless the context clearly indicates another meaning is intended: "Bonds" or "other evidences of indebtedness" mean any…

(30 ILCS 310/3) (from Ch. 17, par. 6653) Sec. 3. Findings. (a) The Tax Equity and Fiscal Responsibility Act of 1982 requires that certain obligations issued by a state or political subdivision thereof, in order for the interest thereon to be exempt from federal income taxes, be i…

(30 ILCS 310/4) (from Ch. 17, par. 6654) Sec. 4. Bonds issuable in registered form. Any public corporation may issue in registered form any bonds or other evidences of indebtedness it is authorized to issue by applicable law. The power to issue bonds or other evidences of indebte…

(30 ILCS 310/5) (from Ch. 17, par. 6655) Sec. 5. Other Acts and agreements. A public corporation may do or cause to be done all acts, or enter into all contracts, indentures and agreements, including, without limitation, trust or escrow agreements, agency agreements and registrar…

(30 ILCS 310/6) (from Ch. 17, par. 6656) Sec. 6. Construction of Act. The grant of authority contained in this Act is supplemental and in addition to all other power or authority granted to public corporations, shall be construed liberally and shall not be construed as a limitati…

(30 ILCS 310/7) (from Ch. 17, par. 6657) Sec. 7. Effective date. This Act takes effect upon its becoming a law. (Source: P.A. 82-1059.)

(30 ILCS 315/1) (from Ch. 17, par. 6701) Sec. 1. This Act shall be known and may be cited as the Illinois Bond Replacement Act. (Source: P.A. 77-205.)

(30 ILCS 315/2) (from Ch. 17, par. 6702) Sec. 2. As used in this Act, unless the context otherwise requires: the terms described in Sections 2.01 through 2.05 have the meanings ascribed to them in those Sections. (Source: P.A. 77-205.)

(30 ILCS 315/2.01) (from Ch. 17, par. 6703) Sec. 2.01. "Bond" includes general obligation bonds, revenue bonds and refunding bonds heretofore or hereafter issued by the State of Illinois, or by any local governmental entity as well as any coupons issued in connection therewith. (…

(30 ILCS 315/2.02) (from Ch. 17, par. 6704) Sec. 2.02. "Local governmental entity" includes local public entities, as defined in Section 1-206 of the "Local Governmental and Governmental Employees Tort Immunity Act", and all other governmental bodies authorized by any Illinois la…

(30 ILCS 315/2.03) (from Ch. 17, par. 6705) Sec. 2.03. "Issuing authority" means the corporate authorities or governing body empowered or directed by Illinois law to issue bonds on behalf of the State of Illinois or a local governmental entity. (Source: P.A. 77-205.)

(30 ILCS 315/2.04) (from Ch. 17, par. 6706) Sec. 2.04. "Officer" means the person or persons designated by Illinois law to execute bonds. (Source: P.A. 77-205.)

(30 ILCS 315/2.05) (from Ch. 17, par. 6707) Sec. 2.05. "Replacement bond" means a bond and any coupons in connection therewith issued under this Act. (Source: P.A. 77-205.)

(30 ILCS 315/3) (from Ch. 17, par. 6708) Sec. 3. An issuing authority shall issue a replacement bond for an unmatured bond which has been lost, destroyed or defaced when furnished with: (a) Proof of ownership; (b) Proof of loss or destruction or, in the case of a defaced bond, th…

(30 ILCS 315/4) (from Ch. 17, par. 6709) Sec. 4. Any replacement bond must: (a) Be of the same form and tenor as the bond originally issued; (b) Be executed by the same officer in the same manner and subject to the same formal requirements as those provided by law for the bond or…

(30 ILCS 320/1) (from Ch. 102, par. 61) Sec. 1. As used in this Act (a) "Public Security" means a bond, note, certificate of indebtedness, or other obligation for the payment of money, issued by this State or by any of its departments, agencies, or other instrumentalities or by a…

(30 ILCS 320/2) (from Ch. 102, par. 62) Sec. 2. Any authorized officer, after filing with the Secretary of State his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature: (a) Any public securi…

(30 ILCS 320/3) (from Ch. 102, par. 63) Sec. 3. When the seal of this State or any of its departments, agencies, or other instrumentalities or of any of its public corporations, political subdivisions, municipal corporations, or other governmental units is required in the executi…

(30 ILCS 320/4) (from Ch. 102, par. 64) Sec. 4. Any person who with intent to defraud uses on a public security or an instrument of payment: (a) A facsimile signature, or any reproduction of it, of any authorized officer, or (b) Any facsimile seal, or any reproduction of it, of t…

(30 ILCS 320/5) (from Ch. 102, par. 65) Sec. 5. This Act shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it. (Source: Laws 1959, p. 1497.)

(30 ILCS 320/6) (from Ch. 102, par. 66) Sec. 6. This Act may be known and cited as the "Uniform Facsimile Signature of Public Officials Act". (Source: Laws 1959, p. 1497.)