Chapter 30 — FINANCE

(30 ILCS 740/4-1.7) (from Ch. 111 2/3, par. 699.7) (Text of Section before amendment by P.A. 104-457) Sec. 4-1.7. "Participant" means (1) a city, village or incorporated town, or a local mass transit district organized under the Local Mass Transit District Act, that is named as a…

(30 ILCS 740/4-1.8) (from Ch. 111 2/3, par. 699.8) Sec. 4-1.8. "Eligible grant activities" means operating deficits, or the planning, acquisition, construction, improvement and operating costs of facilities, equipment and associated capital maintenance items used in mass transpor…

(30 ILCS 740/4-1.9) (from Ch. 111 2/3, par. 699.9) Sec. 4-1.9. "Transportation improvement program" means a staged, multiyear program of capital and operating assistance projects which meets federal requirements implementing the transportation planning process. (Source: P.A. 86-1…

(30 ILCS 740/4-2) (from Ch. 111 2/3, par. 699.13) Sec. 4-2. (a) The Department is authorized to receive UMTA Section 9 funds and to make grants for eligible grant activities to participants which are eligible to receive such funds in accordance with federal regulations and requir…

(30 ILCS 740/4-3) (from Ch. 111 2/3, par. 699.14) Sec. 4-3. (a) Upon determining (1) that a participant's proposed project is in compliance with the provisions of this Article, (2) that the proposed project or purpose is not in conflict with established comprehensive transportati…

(30 ILCS 740/4-4) (from Ch. 111 2/3, par. 699.15) Sec. 4-4. (a) The Department may make grants to any participant for an amount not to exceed the authorized percentage of eligible grant activity expenditures as set forth in UMTA Section 9, upon the participant paying or committin…

(30 ILCS 740/4-5) (from Ch. 111 2/3, par. 699.16) Sec. 4-5. The grant program established under this Article shall be terminated when UMTA Section 9 funds cease to be available to the State from the federal government. (Source: P.A. 86-16.)

(30 ILCS 743/1) Sec. 1. Short title. This Act may be cited as the Intermodal Facilities Promotion Act. (Source: P.A. 96-602, eff. 8-21-09.)

(30 ILCS 743/10) Sec. 10. Definitions. As used in this Act: "Agreement" means the agreement between an eligible developer and the Department under the provisions of Section 30 of this Act. "Department" means the Department of Commerce and Economic Opportunity. "Director" means th…

(30 ILCS 743/15) Sec. 15. Intermodal Facilities Promotion Fund. The Intermodal Facilities Promotion Fund is created as a special fund in the State treasury. As soon as possible, upon certification of the Department of Revenue following review of the amounts contained in the quart…

(30 ILCS 743/20) Sec. 20. Grants from the Intermodal Facilities Promotion Fund. In State fiscal years 2010 through 2016, all moneys in the Intermodal Facilities Promotion Fund, held solely for the benefit of eligible developers, shall be appropriated to the Department to make inf…

(30 ILCS 743/25) Sec. 25. Limitation on grant amounts. The total amount of a grant to an eligible developer shall not exceed the lesser of: (1) $3,000,000 in each State fiscal year; or (2) the total amount of infrastructure costs incurred by the eligible developer with respect to…

(30 ILCS 743/30) Sec. 30. Agreements with applicants. The Department shall enter into an agreement with an eligible developer who is entitled to grants under this Act. The agreement must include all of the following: (1) A detailed description of the project that is the subject o…

(30 ILCS 743/35) Sec. 35. Rules. The Department and the Department of Revenue may promulgate rules necessary to implement this Act. (Source: P.A. 96-602, eff. 8-21-09.)

(30 ILCS 743/5) Sec. 5. Purpose. The General Assembly has determined that it is in the interest of the State of Illinois to promote development that will protect, promote, and improve freight rail systems and their intermodal connections in Illinois and encourage the efficient de…

(30 ILCS 743/90) Sec. 90. (Amendatory provisions; text omitted). (Source: P.A. 96-602, eff. 8-21-09; text omitted.)

(30 ILCS 743/99) Sec. 99. Effective date. This Act takes effect upon becoming law. (Source: P.A. 96-602, eff. 8-21-09.)

(30 ILCS 745/0.01) (from Ch. 127, par. 1550) Sec. 0.01. Short title. This Act may be cited as the Public Radio and Television Grant Act. (Source: P.A. 86-1324.)

(30 ILCS 745/1) (from Ch. 127, par. 1551) Sec. 1. Definitions. As used in this Act, unless the context otherwise requires: "Illinois public radio station" or "radio station" means a non-commercial public radio broadcasting station licensed as such by the Federal Communications Co…

(30 ILCS 745/2) (from Ch. 127, par. 1552) Sec. 2. Certification process. Each eligible station shall certify to the Illinois Arts Council, in such form and at such time as the Council shall require, its actual operating cost for the prior fiscal year. Upon acceptance by the Illin…

(30 ILCS 745/3) (from Ch. 127, par. 1553) Sec. 3. Allocation of Funds. Funds appropriated for the purpose of making grants to stations under this Act shall be divided into 2 grant pools, with 75% of such appropriated funds constituting a grant pool for public television stations …

(30 ILCS 745/4) (from Ch. 127, par. 1554) Sec. 4. Basic Grants. Each eligible station shall receive an annual basic service grant in an amount equal to 30% of the grant pool for which it is eligible divided by the number of eligible stations. (Source: P.A. 84-1040.)

(30 ILCS 745/5) (from Ch. 127, par. 1555) Sec. 5. Operating Grants. Each eligible station shall receive an annual operating support grant amounting to a pro-rata share of 70% of the grant pool for which it is eligible. This share shall bear the same ratio to 70% of the grant pool…

(30 ILCS 745/6) (from Ch. 127, par. 1556) Sec. 6. Grant Limitations. Notwithstanding any other provision of this Act, no station shall in any year be allocated funds under this Act in excess of one-half of its actual operating cost for the prior fiscal year. Those funds not oblig…

(30 ILCS 745/7) (from Ch. 127, par. 1557) Sec. 7. Required Assurances. Each eligible station and its station licensee shall certify to the Illinois Arts Council when applying for grant funds under this Act that any funds received pursuant to the provisions of this Act shall not s…

(30 ILCS 745/8) (from Ch. 127, par. 1558) Sec. 8. Illinois Public Broadcasting Council. There is hereby created a public corporation to be called the Illinois Public Broadcasting Council whose directors shall consist of one representative of each station eligible to receive grant…

(30 ILCS 745/9) (from Ch. 127, par. 1559) Sec. 9. Powers and Duties. The Illinois Public Broadcasting Council shall have power to accept grants or appropriations from the Federal government or the State, or any agency or instrumentality thereof to be used for the purchase of equi…

(30 ILCS 750/1-1) (from Ch. 127, par. 2701-1) Sec. 1-1. This Act may be cited as the Build Illinois Act. (Source: P.A. 86-1475.)

(30 ILCS 750/1-2) (from Ch. 127, par. 2701-2) Sec. 1-2. Findings and declaration of policy. The General Assembly hereby finds, determines and declares: (a) That Illinois is a State of diversified economic strength; (b) That the economic strength and climate of Illinois derives fr…

(30 ILCS 750/1-3) (from Ch. 127, par. 2701-3) Sec. 1-3. The following agencies, boards and entities of State government may expend appropriations for the purposes contained in this Act: Department of Natural Resources; Department of Agriculture; Illinois Finance Authority; Capita…

(30 ILCS 750/10-1) (from Ch. 127, par. 2710-1) Sec. 10-1. This Article shall be known and may be cited as the "Large Business Development Act". (Source: P.A. 84-109.)

(30 ILCS 750/10-10) (from Ch. 127, par. 2710-10) Sec. 10-10. Federal Programs. The Department is authorized to accept and expend federal monies pursuant to this Article except that terms and conditions hereunder which are inconsistent with or prohibited by the federal authorizati…

(30 ILCS 750/10-2) (from Ch. 127, par. 2710-2) Sec. 10-2. Definitions. Unless the context clearly requires otherwise: (a) "Financial institution" means a trust company, a bank, a savings bank, a credit union, an investment bank, a broker, an investment trust, a pension fund, a bu…

(30 ILCS 750/10-3) (from Ch. 127, par. 2710-3) Sec. 10-3. Powers and Duties. The Department has the power to: (a) Provide loans from the Build Illinois Bond Fund, the Fund for Illinois' Future, or the Large Business Attraction Fund to a business undertaking a project and accept m…

(30 ILCS 750/10-4) (from Ch. 127, par. 2710-4) Sec. 10-4. Loans. Any loan made under this Article shall: (a) Be made only if a participating lender or other funding source, including the applicant, also provides a portion of the financing with respect to the project and only if t…

(30 ILCS 750/10-5) (from Ch. 127, par. 2710-5) Sec. 10-5. Loan Applications. Applications for loans shall be submitted to the Department on forms and subject to filing fees prescribed by the Department. The Department shall not be prohibited from soliciting such applications. The…

(30 ILCS 750/10-6) (from Ch. 127, par. 2710-6) Sec. 10-6. Large Business Attraction Fund. (a) There is created the Large Business Attraction Fund to be held as part of the State Treasury. The Department is authorized to make loans from the Fund for the purposes established under …

(30 ILCS 750/10-7) (from Ch. 127, par. 2710-7) Sec. 10-7. Construction. Nothing in this Article shall be construed as creating any rights of a competitor of an approved borrower or any applicant whose application is denied by the Department to challenge any application which is a…

(30 ILCS 750/10-8) (from Ch. 127, par. 2710-8) Sec. 10-8. Confidentiality. Any documentary materials or data made or received by any member, agent or employee of the Department shall be deemed to be confidential and shall not be deemed public records to the extent that such mater…

(30 ILCS 750/10-9) (from Ch. 127, par. 2710-9) Sec. 10-9. Report. On January 1 of each year, the Department shall report on its operation of the Fund for the preceding fiscal year to the Governor and the General Assembly. (Source: P.A. 84-109.)

(30 ILCS 750/23-1) (from Ch. 127, par. 2723-1) Sec. 23-1. Wages of laborers, mechanics and other workers employed on all "public works" projects undertaken pursuant to contracts financed with appropriations from the Build Illinois Bond Fund shall be subject to the provisions of t…

(30 ILCS 750/8-1) (from Ch. 127, par. 2708-1) Sec. 8-1. Short Title. This Article shall be known and may be cited as the "Public Infrastructure Loan and Grant Programs Act". (Source: P.A. 88-453.)

(30 ILCS 750/8-10) Sec. 8-10. Affordable Financing of Public Infrastructure Loans and Grants. (a) The Department is authorized to provide loans or grants to or on behalf of local governments, local public entities, local medical facilities, and local public health clinics for the…

(30 ILCS 750/8-11) Sec. 8-11. Application Procedures for Affordable Financing of Public Infrastructure Loans and Grants. Application for funds shall be made in the form and manner as the Department shall prescribe. Each application shall address, at a minimum, the following crite…

(30 ILCS 750/8-12) Sec. 8-12. Affordable Financing of Public Infrastructure Loan and Grant Conditions. Affordable Financing of Public Infrastructure loans and grants awarded by the Department are subject to the following conditions: (a) Financial assistance through the loans or g…

(30 ILCS 750/8-2) (from Ch. 127, par. 2708-2) Sec. 8-2. Definitions. As used in this Article: (a) "Department" means the Illinois Department of Commerce and Economic Opportunity. (b) "Local government" means any unit of local government as defined in Article VII, Section 1 of the…

(30 ILCS 750/8-3) (from Ch. 127, par. 2708-3) Sec. 8-3. Powers of the Department. The Department has the power to: (a) provide business development public infrastructure loans or grants from appropriations from the Build Illinois Bond Fund, the Fund for Illinois' Future, and the …

(30 ILCS 750/8-4) (from Ch. 127, par. 2708-4) Sec. 8-4. Business Development Public Infrastructure Loans and Grants. (a) The Department is authorized to provide loans, on an interest-free or below market rate basis, or grants to local governments in the State for the purpose of a…

(30 ILCS 750/8-5) (from Ch. 127, par. 2708-5) Sec. 8-5. Application Procedures for Business Development Public Infrastructure Loans and Grants. Application for funds shall be made in the form and manner as the Department shall prescribe. Each application shall address, at a minim…

(30 ILCS 750/8-6) (from Ch. 127, par. 2708-6) Sec. 8-6. Business Development Public Infrastructure Loan and Grant Conditions. Business Development Public Infrastructure loans and grants awarded by the Department are subject to the following conditions: (a) Financial assistance th…