Illinois Compiled Statutes 20 Executive Branch: Article -
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 1
Short title. This Act may be referred to and cited as the "Illinois Environmental Facilities Financing Act". (Source: P.A. 81-1063.)
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 2
Declaration of necessity and purpose - Liberal construction. (a) The General Assembly finds: (i) that environmental damage seriously endangers the public health and welfare; (ii)...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 3
Definitions. In this Act, unless the context otherwise clearly requires, the terms used herein shall have the meanings ascribed to them as follows: (a) "Bonds"...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 4
Transfer of functions from the Illinois Development Finance Authority to the Illinois Finance Authority. The Illinois Finance Authority created by the Illinois Finance Authority...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 7
Powers. In addition to the powers otherwise authorized by law, for the purposes of this Act, the State authority shall have the following powers together...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 7.5
Required findings for environmental facilities located outside the State. The State authority may approve an application to finance or refinance environmental facilities located outside of...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 8
Acquisition of property. The State authority is authorized and empowered directly or by or through any person, as its agent, to acquire by purchase,...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 9
Bonds. The bonds may be issued as serial bonds or as term bonds or a combination of both types. All bonds issued by the...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 10
Security for bonds. The principal of, and interest and premiums, if any, on any bonds issued by the State authority shall be secured by...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 11
Payment of bonds-Nonliability of State. Bonds issued under the provisions of this Act shall not be deemed to constitute a debt or liability of...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 12
Taxation; securities law. The State authority is hereby declared to be performing a public function in behalf of the State and to be a...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 13
(Repealed). (Source: Repealed by P.A. 88-519.)
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 14
Conveyance of title. At or prior to the time the principal of and interest on bonds issued by the State authority to finance a...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 15
Powers not restricted-law complete in itself. Neither this Act nor anything herein contained shall be construed as a restriction or limitation upon any powers...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 16
Investment of funds. The State authority may invest any funds in bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 17
Bonds eligible for investment. The State and all counties, cities, villages, incorporated towns, and other municipal corporations, political subdivisions and public bodies, and public...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 18
Exemption from construction and bidding requirements for public buildings. An environmental facility is not subject to any requirements relating to public buildings, structures, grounds,...
- Illinois Environmental Facilities Financing Act. - 20 ILCS 3515, Section 19
Powers additional to those granted by other laws - Severability. The powers conferred by this Act shall be in addition and supplementary to, and...
Last modified: February 18, 2015