Illinois Compiled Statutes 30 Finance: Article -

• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 1
  Short title. This Act shall be known and may be cited as the "Illinois Private Activity Bond Allocation Act". (Source: P.A. 84-952.)
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 2
  Public policy. The General Assembly has determined that the federal government has imposed certain restrictions on the aggregate amount of private activity bonds, the...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 3
  Definitions. (a) "Code" means the United States Internal Revenue Code of 1986, as now or hereafter amended. (b) "Official action" means a resolution or...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 4
  State agency allocation. (a) The Governor's office may allocate volume cap among the State and the State agencies from the State Agency Pool for...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 5
  Unit of local government allocation. (a) No unit of local government shall issue any private activity bond, except in conformity with rules established by...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 6
  Voluntary Reallocations. The State, any State agency and the corporate authorities of any home rule unit, except as provided and limited in Section 6.1,...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 6.1
  (a) That portion of volume cap allocation remaining unused by a home rule unit, other than a municipality with over 2,000,000 inhabitants, as of...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 7
  Information reporting of private activity bond issuance. (a) Each State agency, unit of local government, and home rule unit or person authorized to act...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 7.5
  Bond issuer; annual report. The issuer of bonds utilizing bond volume cap from the Local Government Pool and the State Agency Pool shall file, if...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 8
  Home rule units. Except as provided for voluntary transactions as permitted in Section 6, and except as required for the amount of volume cap...
• Illinois Private Activity Bond Allocation Act. - 30 ILCS 345, Section 9
  Mortgage Credit Certificates. Any allocation of volume cap for the issuance of private activity bonds constituting qualified mortgage bonds, within the meaning of Section...

Last modified: February 18, 2015