Illinois Compiled Statutes 20 Executive Branch: Article -
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 1
Short title. This Act may be cited as the Illinois Coal and Energy Development Bond Act. (Source: P.A. 86-1475.)
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 2
As used in this Act, "coal" or "coal resources" include coal, coal products or by-products, including electricity and synthetic fuels. "Development of fossil fuels...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 3
The Department of Commerce and Economic Opportunity shall have the following powers and duties: (a) To solicit, accept and expend gifts, grants or any form...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 3.1
The Department of Commerce and Economic Opportunity is authorized to enter into agreements with a county or counties and expend funds authorized by this Act...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 3.05
Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 6
The Department of Commerce and Economic Opportunity is authorized to use general obligation bond funds for the purposes of issuing grants in accordance with this...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 7
Bonds. The State of Illinois is authorized to issue, sell and provide for the retirement of general obligation bonds of the State of Illinois...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 8
Sale of bonds. The bonds shall be issued and sold from time to time in such amounts as directed by the Governor, upon recommendation by...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 9
Authentication of Bonds. The Bonds shall be signed by the Governor and attested by the Secretary of State under the printed facsimile seal of...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 10
Bond Proceeds. The Bonds shall be sold from time to time by the Director of the Governor's Office of Management and Budget to the highest...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 11
Expenditure of funds. At all times, the proceeds from the sale of Bonds are subject to appropriation by the General Assembly and may be expended...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 12
Investment of Proceeds. The Treasurer may, with the approval of the Governor, invest and reinvest any money in the Coal Development Fund in the...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 13
Repayments. To provide for the manner of repayment of the Bonds, the Governor shall include an appropriation in each annual State Budget of such...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 14
Bond repayment-general obligations. All Bonds issued in accordance with the provisions of this Act shall be direct, general obligations of the State of Illinois...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 15
Default. If the State fails to pay the principal of, or interest on, any of the Bonds as they become due, a civil action...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 16
Treasurer and Comptroller. Upon each delivery of Bonds authorized to be issued under this Act, the Comptroller shall compute and certify to the State...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 17
Refunding Bonds. The State of Illinois is authorized, from time to time as the Governor shall determine, to issue, sell and provide for the...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 19
Severability. If any Section, sentence, or clause of this Act is for any reason held invalid or to be unconstitutional, such decision shall not...
- Illinois Coal and Energy Development Bond Act. - 20 ILCS 1110, Section 19.1
After December 1, 1984 no additional bonds shall be issued or sold pursuant to this Act; instead all State of Illinois general obligation bonds...
Last modified: February 18, 2015