99TH GENERAL ASSEMBLY
State of Illinois
SB1991
Introduced 2/20/2015, by Sen. Christine Radogno
SYNOPSIS AS INTRODUCED:
Makes appropriations for the ordinary and contingent expenses of the Metropolitan Pier and Exposition Authority for the fiscal year beginning July 1, 2015, as follows:
Other State Funds $181,475,900
OMB099 00094 LEH 20094 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 1. The sum of $166,475,900, or so much thereof as may be necessary, is appropriated from the McCormick Place Expansion Project Fund to the Metropolitan Pier and Exposition Authority for debt service on the Authority's McCormick Place Expansion Project Bonds, issued pursuant to the "Metropolitan Pier and Exposition Authority Act", as amended, and related trustee and legal expenses.
Section 5. The sum of $15,000,000, or so much thereof as may be necessary, is appropriated to the Metropolitan Pier and Exposition Authority from the Metropolitan Pier and Exposition Authority Incentive Fund for Fiscal Year 2016 for certified incentives paid to conventions, meetings and trade shows held at the McCormick Place Convention Center and Navy Pier complexes during Fiscal Year 2016.
Section 99. Effective date. This Act takes effect July 1, 2015.