90th General Assembly
Status of SB1231
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FARLEY.

   30 ILCS 105/8.25f         from Ch. 127, par. 144.25f                        
   35 ILCS 105/9             from Ch. 120, par. 439.9                          
   35 ILCS 110/9             from Ch. 120, par. 439.39                         
   35 ILCS 115/9             from Ch. 120, par. 439.109                        
   35 ILCS 120/3             from Ch. 120, par. 442                            
   70 ILCS 210/13            from Ch. 85, par. 1233                            
   70 ILCS 210/13.2          from Ch. 85, par. 1233.2                          
   70 ILCS 210/20            from Ch. 85, par. 1240                            

        Amends  the  Metropolitan  Pier  and  Exposition  Authority  Act.      
   Provides that the surplus revenues of the Authority shall be used  for      
   the  repair,  replacement,  and improvement of the grounds, buildings,      
   and  facilities  of  the  Authority  (now  for  capital   repair   and      
   rehabilitation  of the grounds, buildings, facilities of the expansion      
   project).  Provides that bonds issued by the Authority may not  exceed      
   an   aggregate   original  principal  amount  of  $1,037,000,000  (now      
   $937,000,000).  Provides that any member, officer or employee  of  the      
   Authority  may  be  designated to authorize the wire transfer of funds      
   deposited by the secretary-treasurer in a bank  or  savings  and  loan      
   association  (now  in  a  bank or savings and loan association for the      
   payment of payroll and employee benefits  related  expenses).   Amends      
   the  State  Finance Act, the Use Tax Act, the Service Use Tax Act, the      
   Service Occupation Tax Act, and the  Retailers'  Occupation  Tax  Act.      
   Provides for specified monthly installment deposits into the McCormick      
   Place  Expansion  Project  Fund for fiscal years 2005, 2006, 2007, and      
   thereafter from moneys collected under the Use Tax  Act,  the  Service      
   Use  Tax  Act,  the  Service  Occupation  Tax  Act, and the Retailers'      
   Occupation Tax Act.  Provides that the  monthly  installment  deposits      
   shall not be made after fiscal year 2029.  Effective immediately.           
   98-01-14  S  FIRST READING                                                  
   98-01-14  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-01-12  S  SESSION SINE DIE                                               

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 Full Text  Bill Summary