Illinois Compiled Statutes 30 Finance: Article -
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 1
Short title. This Act may be cited as the Illinois Unemployment Insurance Trust Fund Financing Act. (Source: P.A. 93-634, eff. 1-1-04.)
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 2
Findings and Declaration of Policy. It is hereby found and declared that: A. It is an essential governmental function to maintain funds in an amount...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 3
Definitions. For purposes of this Act: A. "Act" shall mean the Illinois Unemployment Insurance Trust Fund Financing Act. B. "Benefits" shall have the meaning provided...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 4
Authority to Issue Revenue Bonds. A. The Department shall have the continuing power to borrow money for the purpose of carrying out the following: 1....
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 5
Bond Proceeds. A. The proceeds of any Bonds issued pursuant to this Act, including investment income thereon, shall be held in trust in the Master...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 6
Bonds Not A Pledge of the State. A. Any Bonds issued under this Act, and any related Credit Agreement, are not a pledge of the...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 7
State Not to Impair Bond Obligations. While Bonds under this Act are outstanding, the State irrevocably pledges and covenants that it shall not: A. Take...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 8
Continuing appropriation. This Act shall constitute an irrevocable and continuing appropriation of all amounts necessary in respect to use of Fund Building Receipts and Bond...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 9
Director's Supplemental Authority. The Director, on behalf of the Department, is authorized to enter into the covenants and agreements required by this Act, make any...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 10
No Personal Liability. No director, officer or employee of the Department or the State shall be personally liable as a result of exercising the rights...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 11
Omnibus Bonds Acts. With respect to instruments for the payment of money issued under this Act, it is and always has been the intention of...
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 12
Mandatory Provisions. The provisions of this Act are mandatory and not directory. (Source: P.A. 93-634, eff. 1-1-04.)
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 13
Severability and inseverability. If any provision of this Act or its application to any person or circumstance is held invalid, the invalidity of that provision...
- Finance: Article -
Amendatory provisions; text omitted
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 13.1
(Amendatory provisions; text omitted). (Source: P.A. 93-634, eff. 1-1-04.)
- Finance: Article -
Amendatory provisions; text omitted
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 13.2
(Amendatory provisions; text omitted). (Source: P.A. 93-634, eff. 1-1-04.)
- Finance: Article -
Amendatory provisions; text omitted
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 13.3
(Amendatory provisions; text omitted). (Source: P.A. 93-634, eff. 1-1-04.)
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 13.4
The Unemployment Insurance Act is amended by repealing Sections 1506.4 and 2104. (Source: P.A. 93-634, eff. 1-1-04.)
- Illinois Unemployment Insurance Trust Fund Financing Act. - 30 ILCS 440, Section 14
Effective Date. This Act takes effect on January 1, 2004. (Source: P.A. 93-634, eff. 1-1-04.)
Last modified: February 18, 2015