95TH GENERAL ASSEMBLY
State of Illinois
HB3850
Introduced 3/13/2007, by Rep. Michael J. Madigan - Gary Hannig - Karen A. Yarbrough
SYNOPSIS AS INTRODUCED:
Makes appropriations for the ordinary and contingent expenses of the Southwestern Illinois Development Authority for the fiscal year beginning July 1, 2007, as follows:
General Revenue Fund $3,602,610
OMB095 00072 RAC 20072 b
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AN ACT concerning appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
ARTICLE 1
Section 5. The sum of $737,281, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Spectrulite Consortium Inc.
Section 10. The sum of $448,268, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Waste Recovery-Illinois and related trustee and legal expenses.
Section 15. The sum of $1,025,918, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Alton Business Center Business Park.
Section 20. The sum of $1,391,143, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Laclede Steel-Illinois.
Section 99. Effective date. This Act takes effect July 1, 2007.