Illinois General Assembly - Full Text of HB0540
Illinois General Assembly

Previous General Assemblies

Full Text of HB0540  95th General Assembly

HB0540 95TH GENERAL ASSEMBLY


 


 
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB0540

 

Introduced 2/1/2007, by Rep. Kurt M. Granberg

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 750/8-2   from Ch. 127, par. 2708-2

    Amends the Build Illinois Act. With respect to the Public Infrastructure Loan and Grant Programs, includes brownfields site remediation in the definition of "public infrastructure".


LRB095 07229 CMK 27364 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0540 LRB095 07229 CMK 27364 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Build Illinois Act is amended by changing
5 Section 8-2 as follows:
 
6     (30 ILCS 750/8-2)  (from Ch. 127, par. 2708-2)
7     Sec. 8-2. Definitions. As used in this Article:
8     (a) "Department" means the Illinois Department of Commerce
9 and Economic Opportunity.
10     (b) "Local government" means any unit of local government
11 as defined in Article VII, Section 1 of the 1970 Illinois
12 Constitution.
13     (c) "Business retention, development or expansion project"
14 means the expansion of an existing, for-profit commercial,
15 industrial, manufacturing, scientific, agricultural or service
16 business within Illinois, or the establishment of a new such
17 business on a site within Illinois, so long as the business to
18 be established is not relocating from another site within the
19 State, unless the relocation of such a business will result in
20 a substantial increase in employment or retention of an
21 existing such business.
22     (d) "Public infrastructure" means local roads and streets,
23 access roads, bridges, and sidewalks; waste disposal systems;

 

 

HB0540 - 2 - LRB095 07229 CMK 27364 b

1 water and sewer line extensions and water distribution and
2 purification facilities, and sewage treatment facilities; rail
3 or air or water port improvements; gas and electric utility
4 facilities; transit capital facilities; brownfields site
5 remediation; and development and improvement of publicly owned
6 industrial and commercial sites, or other public capital
7 improvements which are an essential precondition to a business
8 retention, development or expansion project for the purposes of
9 the Business Development Public Infrastructure Loan and Grant
10 Program. "Public Infrastructure" also means capital
11 acquisitions, construction, and improvements to other local
12 facilities and sites, and associated permanent furnishings and
13 equipment that are a necessary precondition to local health,
14 safety and economic development for purposes of the Affordable
15 Financing of Public Infrastructure Loan and Grant Program.
16     (e) "Local public entity" means any entity as defined by
17 Section 1-206 of the Local Governmental and Governmental
18 Employees Tort Immunity Act.
19     (f) "Medical facility" and "public health clinic" mean any
20 entity as defined by subsections (a) and (c), respectively, of
21 Section 6-101 of the Local Governmental and Governmental
22 Employees Tort Immunity Act.
23 (Source: P.A. 94-793, eff. 5-19-06.)