Full Text of SB0785 095th General Assembly
SB0785eng 95TH GENERAL ASSEMBLY
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| AN ACT concerning finance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The General Obligation Bond Act is amended by | 5 |
| changing Sections 2, 3, 4, 5, 6, and 7 as follows:
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| (30 ILCS 330/2) (from Ch. 127, par. 652)
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| Sec. 2. Authorization for Bonds. The State of Illinois is | 8 |
| authorized to
issue, sell and provide for the retirement of | 9 |
| General Obligation Bonds of
the State of Illinois for the | 10 |
| categories and specific purposes expressed in
Sections 2 | 11 |
| through 8 of this Act, in the total amount of $35,923,211,869
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| $27,658,149,369 .
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| The bonds authorized in this Section 2 and in Section 16 of | 14 |
| this Act are
herein called "Bonds".
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| Of the total amount of Bonds authorized in this Act, up to | 16 |
| $2,200,000,000
in aggregate original principal amount may be | 17 |
| issued and sold in accordance
with the Baccalaureate Savings | 18 |
| Act in the form of General Obligation
College Savings Bonds.
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| Of the total amount of Bonds authorized in this Act, up to | 20 |
| $300,000,000 in
aggregate original principal amount may be | 21 |
| issued and sold in accordance
with the Retirement Savings Act | 22 |
| in the form of General Obligation
Retirement Savings Bonds.
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| Of the total amount of Bonds authorized in this Act, the |
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| additional
$10,000,000,000 authorized by this amendatory Act | 2 |
| of the 93rd General
Assembly shall be used solely as provided | 3 |
| in Section 7.2.
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| The issuance and sale of Bonds pursuant to the General | 5 |
| Obligation Bond
Act is an economical and efficient method of | 6 |
| financing the long-term capital needs of
the State. This Act | 7 |
| will permit the issuance of a multi-purpose General
Obligation | 8 |
| Bond with uniform terms and features. This will not only lower
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| the cost of registration but also reduce the overall cost of | 10 |
| issuing debt
by improving the marketability of Illinois General | 11 |
| Obligation Bonds.
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| (Source: P.A. 92-13, eff. 6-22-01; 92-596, eff. 6-28-02; | 13 |
| 92-598, eff. 6-28-02; 93-2, eff. 4-7-03; 93-839, eff. 7-30-04.)
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| (30 ILCS 330/3) (from Ch. 127, par. 653)
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| Sec. 3. Capital Facilities. The amount of $8,581,297,869
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| $7,320,235,369 is authorized
to be used for the acquisition, | 17 |
| development, construction, reconstruction,
improvement, | 18 |
| financing, architectural planning and installation of capital
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| facilities within the State, consisting of buildings, | 20 |
| structures, durable
equipment, land, and interests in land for | 21 |
| the following specific purposes:
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| (a) $2,796,228,000
$2,211,228,000 for educational | 23 |
| purposes by
State universities and
colleges, the Illinois | 24 |
| Community College Board created by the Public
Community | 25 |
| College Act and for grants to public community colleges as
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| authorized by Sections 5-11 and 5-12 of the Public | 2 |
| Community College Act; of which total amount the amount of | 3 |
| $585,000,000 shall be authorized for a period of 24 months | 4 |
| from the effective date of this amendatory Act of the 95th | 5 |
| General Assembly to be used for the specific purposes of | 6 |
| this Section, unless such authorization is extended by an | 7 |
| act of the General Assembly;
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| (b) $1,607,420,000 for correctional purposes at
State
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| prison and correctional centers;
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| (c) $539,012,500
$531,175,000 for open spaces, | 11 |
| recreational and
conservation purposes and the protection | 12 |
| of land; of which total amount the amount of $7,837,500 | 13 |
| shall be authorized for a period of 24 months from the | 14 |
| effective date of this amendatory Act of the 95th General | 15 |
| Assembly to be used for the specific purposes of this | 16 |
| Section, unless such authorization is extended by an act of | 17 |
| the General Assembly;
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| (d) $589,917,000 for child care facilities, mental
and | 19 |
| public health facilities, and facilities for the care of | 20 |
| disabled
veterans and their spouses;
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| (e) $2,008,915,000
$1,455,990,000 for use by the | 22 |
| State, its
departments, authorities, public corporations, | 23 |
| commissions and agencies; of which total amount the amount | 24 |
| of $552,925,000 shall be authorized for a period of 24 | 25 |
| months from the effective date of this amendatory Act of | 26 |
| the 95th General Assembly to be used for the specific |
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| purposes of this Section, unless such authorization is | 2 |
| extended by an act of the General Assembly;
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| (f) $818,100 for cargo handling facilities at port | 4 |
| districts and for
breakwaters, including harbor entrances, | 5 |
| at port districts in conjunction
with facilities for small | 6 |
| boats and pleasure crafts;
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| (g) $264,957,000
$204,657,000 for water resource | 8 |
| management
projects; of which total amount the amount of | 9 |
| $60,300,000 shall be authorized for a period of 24 months | 10 |
| from the effective date of this amendatory Act of the 95th | 11 |
| General Assembly to be used for the specific purposes of | 12 |
| this Section, unless such authorization is extended by an | 13 |
| act of the General Assembly;
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| (h) $16,940,269 for the provision of facilities for | 15 |
| food production
research and related instructional and | 16 |
| public service activities at the
State universities and | 17 |
| public community colleges;
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| (i) $36,000,000 for grants by the Secretary of State, | 19 |
| as
State
Librarian, for central library facilities | 20 |
| authorized by Section 8
of the Illinois Library System Act | 21 |
| and for grants by the Capital
Development Board to units of | 22 |
| local government for public library
facilities;
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| (j) $25,000,000 for the acquisition, development, | 24 |
| construction,
reconstruction, improvement, financing, | 25 |
| architectural planning and
installation of capital | 26 |
| facilities consisting of buildings, structures,
durable |
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| equipment and land for grants to counties, municipalities | 2 |
| or public
building commissions with correctional | 3 |
| facilities that do not comply with
the minimum standards of | 4 |
| the Department of Corrections under Section 3-15-2
of the | 5 |
| Unified Code of Corrections;
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| (k) $5,000,000 for grants in fiscal year 1988 by the | 7 |
| Department of
Conservation for improvement or expansion of | 8 |
| aquarium facilities located on
property owned by a park | 9 |
| district;
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| (l) $487,590,000
$432,590,000 to State agencies for | 11 |
| grants to
local governments for
the acquisition, | 12 |
| financing, architectural planning, development, | 13 |
| alteration,
installation, and construction of capital | 14 |
| facilities consisting of buildings,
structures, durable | 15 |
| equipment, and land; of which total amount the amount of | 16 |
| $55,000,000 shall be authorized for a period of 24 months | 17 |
| from the effective date of this amendatory Act of the 95th | 18 |
| General Assembly to be used for the specific purposes of | 19 |
| this Section, unless such authorization is extended by an | 20 |
| act of the General Assembly; and
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| (m) $203,500,000 for the Illinois Open Land Trust
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| Program
as defined by the
Illinois Open Land Trust Act.
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| The amounts authorized above for capital facilities may be | 24 |
| used
for the acquisition, installation, alteration, | 25 |
| construction, or
reconstruction of capital facilities and for | 26 |
| the purchase of equipment
for the purpose of major capital |
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| improvements which will reduce energy
consumption in State | 2 |
| buildings or facilities.
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| (Source: P.A. 91-39, 6-15-99; 91-53, eff. 6-30-99; 91-710, eff. | 4 |
| 5-17-00;
92-13, eff. 6-22-01; 92-598, eff. 6-28-02.)
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| (30 ILCS 330/4) (from Ch. 127, par. 654)
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| Sec. 4. Transportation. The amount of $10,163,399,000
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| $5,313,399,000
is authorized for use by the Department of | 8 |
| Transportation for the specific
purpose of promoting and | 9 |
| assuring rapid, efficient, and safe highway, air and
mass | 10 |
| transportation for the inhabitants of the State by providing | 11 |
| monies,
including the making of grants and loans, for the | 12 |
| acquisition, construction,
reconstruction, extension and | 13 |
| improvement of the following transportation
facilities and | 14 |
| equipment, and for the acquisition of real property and
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| interests in real property required or expected to be required | 16 |
| in connection
therewith as follows:
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| (a)
$3,432,129,000 for State highways, arterial
highways, | 18 |
| freeways,
roads, bridges, structures separating highways and | 19 |
| railroads and roads, and
bridges on roads maintained by | 20 |
| counties, municipalities, townships or road
districts for the | 21 |
| following specific purposes:
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| (1)
$3,330,000,000 for use statewide,
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| (2) $3,677,000 for use outside the Chicago urbanized
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| area,
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| (3) $7,543,000 for use within the Chicago urbanized |
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| area,
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| (4) $13,060,600 for use within the City of Chicago,
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| (5) $58,987,500 for use within the counties of Cook,
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| DuPage, Kane, Lake, McHenry and Will, and
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| (6) $18,860,900 for use outside the counties of Cook, | 6 |
| DuPage, Kane,
Lake, McHenry and Will.
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| (b) $2,054,670,000
$1,529,670,000 for rail facilities and | 8 |
| for
mass transit facilities, as defined in Section 2705-305 of | 9 |
| the Department of
Transportation Law (20 ILCS 2705/2705-305), | 10 |
| including rapid transit, rail, bus
and other equipment used in | 11 |
| connection therewith by the State or any unit of
local | 12 |
| government, special transportation district, municipal | 13 |
| corporation or
other corporation or public authority | 14 |
| authorized to provide and promote public
transportation within | 15 |
| the State or two or more of the foregoing jointly, for
the | 16 |
| following specific purposes:
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| (1) $2,018,870,000
$1,433,870,000 statewide, of which | 18 |
| total amount the amount of $585,000,000 shall be authorized | 19 |
| for a period of 24 months from the effective date of this | 20 |
| amendatory Act of the 95th General Assembly to be used for | 21 |
| the specific purposes of this Section, unless such | 22 |
| authorization is extended by an act of the General | 23 |
| Assembly,
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| (2) $83,350,000 for use within the counties of Cook,
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| DuPage, Kane, Lake, McHenry and Will,
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| (3) $12,450,000 for use outside the counties of Cook,
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| DuPage, Kane, Lake, McHenry and Will.
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| (c) $426,600,000
$351,600,000 for airport or aviation | 3 |
| facilities and any equipment used
in connection therewith, | 4 |
| including engineering and land acquisition costs,
by the State | 5 |
| or any unit of local government, special transportation | 6 |
| district,
municipal corporation or other corporation or public | 7 |
| authority authorized
to provide public transportation within | 8 |
| the State, or two or more of the
foregoing acting jointly, and | 9 |
| for the making of deposits into the Airport
Land Loan Revolving | 10 |
| Fund for loans to public airport owners pursuant to the
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| Illinois Aeronautics Act ; of which total amount the amount of | 12 |
| $75,000,000 shall be authorized for a period of 24 months from | 13 |
| the effective date of this amendatory Act of the 95th General | 14 |
| Assembly to be used for the specific purposes of this Section, | 15 |
| unless such authorization is extended by an act of the General | 16 |
| Assembly .
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| (d)
$4,250,000,000 for State highways, arterial
highways, | 18 |
| freeways,
roads, bridges, structures separating highways and | 19 |
| railroads and roads, and
bridges on roads maintained by | 20 |
| counties, municipalities, townships or road
districts for the | 21 |
| following specific purposes:
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| (1) $4,250,000,000 for use statewide, of which total | 23 |
| amount the amount of $4,250,000,000 shall be authorized for | 24 |
| a period of 24 months from the effective date of this | 25 |
| amendatory Act of the 95th General Assembly to be used for | 26 |
| the specific purposes of this Section, unless such |
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| authorization is extended by an act of the General | 2 |
| Assembly. | 3 |
| (Source: P.A. 91-39, eff. 6-15-99; 91-239, eff. 1-1-00; 91-712, | 4 |
| eff. 7-1-00;
92-13, eff. 6-22-01.)
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| (30 ILCS 330/5) (from Ch. 127, par. 655)
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| Sec. 5. School Construction.
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| (a) The amount of $58,450,000 is authorized to
make grants | 8 |
| to local school
districts for the acquisition, development, | 9 |
| construction, reconstruction,
rehabilitation, improvement, | 10 |
| financing, architectural planning and
installation of capital | 11 |
| facilities, including but not limited to those
required for | 12 |
| special
education building projects provided for in Article 14 | 13 |
| of The School Code,
consisting of buildings, structures, and | 14 |
| durable equipment, and for the
acquisition and improvement of | 15 |
| real property and interests in real property
required, or | 16 |
| expected to be required, in connection therewith.
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| (b) $22,550,000, or so much thereof as may be necessary, | 18 |
| for grants to
school districts for the making of principal and | 19 |
| interest payments, required
to be made, on bonds issued by such | 20 |
| school districts after January 1, 1969,
pursuant to any | 21 |
| indenture, ordinance, resolution, agreement or contract
to | 22 |
| provide funds for the acquisition, development, construction,
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| reconstruction, rehabilitation, improvement, architectural | 24 |
| planning and installation of
capital facilities consisting of | 25 |
| buildings, structures, durable equipment
and land for |
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| educational purposes or for lease payments required to be made
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| by a school district for principal and interest payments on | 3 |
| bonds issued
by a Public Building Commission after January 1, | 4 |
| 1969.
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| (c) $10,000,000 for grants to school districts for the | 6 |
| acquisition,
development, construction, reconstruction, | 7 |
| rehabilitation, improvement,
architectural
planning and | 8 |
| installation of capital facilities consisting of buildings
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| structures, durable equipment and land for special education | 10 |
| building projects.
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| (d) $9,000,000 for grants to school districts for the | 12 |
| reconstruction,
rehabilitation, improvement, financing and | 13 |
| architectural planning of capital
facilities, including | 14 |
| construction at another location to replace such capital
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| facilities, consisting of those public school buildings and | 16 |
| temporary school
facilities which, prior to January 1, 1984, | 17 |
| were condemned by the regional
superintendent under Section | 18 |
| 3-14.22 of The School Code or by any State
official having | 19 |
| jurisdiction over building safety.
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| (e) $4,960,000,000
$3,050,000,000 for grants to school | 21 |
| districts for
school improvement
projects authorized by the | 22 |
| School Construction Law. The bonds shall be sold in
amounts not | 23 |
| to exceed the following schedule, except any bonds not sold | 24 |
| during
one year shall be added to the bonds to be sold during | 25 |
| the remainder of the
schedule:
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| First year ..................................$200,000,000
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| Second year .................................$450,000,000
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| Third year ..................................$500,000,000
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| Fourth year .................................$500,000,000
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| Fifth year ..................................$800,000,000
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| Sixth year and thereafter ...................$600,000,000
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| Seventh year ................................$643,000,000
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| Eighth year .................................$633,000,000
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| Ninth year and thereafter ...................$634,000,000
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| (Source: P.A. 91-39, eff. 6-15-99; 92-598, eff. 6-28-02.)
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| (30 ILCS 330/6) (from Ch. 127, par. 656) | 11 |
| Sec. 6. Anti-Pollution.
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| (a) The amount of $319,815,000 is authorized for
allocation | 13 |
| by the
Environmental Protection Agency for grants or loans to | 14 |
| units of local
government in such amounts, at such times and | 15 |
| for such purpose as the Agency
deems necessary or desirable for | 16 |
| the planning, financing, and construction of
municipal sewage | 17 |
| treatment works and solid waste disposal facilities and for
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| making of deposits into the Water Revolving Fund and
the U.S. | 19 |
| Environmental Protection Fund to provide assistance in | 20 |
| accordance
with the provisions of Title IV-A of the | 21 |
| Environmental Protection Act.
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| (b) The amount of $185,500,000
$160,500,000 is authorized | 23 |
| for allocation by the
Environmental Protection Agency for | 24 |
| payment of claims submitted to the State
and approved for | 25 |
| payment under the Leaking Underground Storage Tank Program
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| established in Title XVI of the Environmental Protection Act ; | 2 |
| of which total amount the amount of $25,000,000 shall be | 3 |
| authorized for a period of 24 months from the effective date of | 4 |
| this amendatory Act of the 95th General Assembly to be used for | 5 |
| the specific purposes of this Section, unless such | 6 |
| authorization is extended by an act of the General Assembly .
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| (Source: P.A. 92-13, eff. 6-22-01; 92-598, eff. 6-28-02; | 8 |
| 93-650, eff. 1-8-04.)
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| (30 ILCS 330/7) (from Ch. 127, par. 657)
| 10 |
| Sec. 7. Coal and Energy Development. The amount of | 11 |
| $863,200,000
$663,200,000 is
authorized to be used by the | 12 |
| Department of Commerce and Economic Opportunity (formerly | 13 |
| Department of Commerce and Community Affairs) for
coal and | 14 |
| energy development purposes, pursuant to Sections 2, 3 and 3.1 | 15 |
| of the
Illinois Coal and Energy Development Bond Act, for the | 16 |
| purposes
specified
in Section 8.1 of the Energy Conservation | 17 |
| and Coal Development Act, and for
the purposes specified in | 18 |
| Section 605-332 of the Department of Commerce and
Economic | 19 |
| Opportunity Law of the Civil Administrative Code of Illinois. | 20 |
| Of this
amount:
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| (a) $315,000,000
$115,000,000 is
for the specific purposes | 22 |
| of acquisition,
development, construction, reconstruction, | 23 |
| improvement, financing,
architectural and technical planning | 24 |
| and installation of capital facilities
consisting of | 25 |
| buildings, structures, durable equipment, and land for the
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| purpose of capital development of coal resources within the | 2 |
| State and for the
purposes specified in Section 8.1 of the | 3 |
| Energy Conservation and Coal
Development Act; of which total | 4 |
| amount the amount of $200,000,000 shall be authorized for a | 5 |
| period of 24 months from the effective date of this amendatory | 6 |
| Act of the 95th General Assembly to be used for the specific | 7 |
| purposes of this Section, unless such authorization is extended | 8 |
| by an act of the General Assembly;
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| (b) $35,000,000 is for the purposes specified in Section | 10 |
| 8.1 of the
Energy
Conservation and Coal Development Act and | 11 |
| making a grant to the owner of a
generating station
located in | 12 |
| Illinois and having at least three coal-fired generating units
| 13 |
| with accredited summer capability greater than 500 megawatts | 14 |
| each at such
generating station as provided in Section 6 of | 15 |
| that Bond Act;
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| (c) $13,200,000 is for research, development and | 17 |
| demonstration
of forms of energy
other than that derived from | 18 |
| coal, either on or off State property; and
| 19 |
| (d) $500,000,000 is for the purpose of providing financial | 20 |
| assistance to
new
electric generating facilities as provided in | 21 |
| Section 605-332 of the Department
of Commerce and Economic | 22 |
| Opportunity Law of the Civil Administrative Code of
Illinois.
| 23 |
| (Source: P.A. 94-793, eff. 5-19-06.)
| 24 |
| Section 10. The Build Illinois Bond Act is amended by | 25 |
| changing Sections 2 and 4 as follows:
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| (30 ILCS 425/2) (from Ch. 127, par. 2802)
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| Sec. 2. Authorization for Bonds. The State of Illinois is
| 3 |
| authorized to issue, sell and provide for the retirement of | 4 |
| limited
obligation bonds, notes and other evidences of | 5 |
| indebtedness of the State of
Illinois in the total principal | 6 |
| amount of $5,777,999,000
$3,805,509,000
herein called "Bonds". | 7 |
| Such authorized amount of Bonds shall
be reduced from time to | 8 |
| time by amounts, if any, which are equal to the
moneys received | 9 |
| by the Department of Revenue in any fiscal year pursuant to
| 10 |
| Section 3-1001 of the "Illinois Vehicle Code", as amended, in | 11 |
| excess of the
Annual Specified Amount (as defined in Section 3 | 12 |
| of the "Retailers'
Occupation Tax Act", as amended) and | 13 |
| transferred at the end of such fiscal
year from the General | 14 |
| Revenue Fund to the Build Illinois Purposes Fund (now | 15 |
| abolished) as
provided in Section 3-1001 of said Code; | 16 |
| provided, however, that no such
reduction shall affect the | 17 |
| validity or enforceability of any Bonds issued
prior to such | 18 |
| reduction. Such amount of authorized Bonds
shall be exclusive | 19 |
| of any refunding Bonds issued pursuant to Section 15 of
this | 20 |
| Act and exclusive of any Bonds issued pursuant to this Section | 21 |
| which
are redeemed, purchased, advance refunded, or defeased in | 22 |
| accordance with
paragraph (f) of Section 4 of this Act. Bonds | 23 |
| shall be issued for the
categories and specific purposes | 24 |
| expressed in Section 4 of this Act.
| 25 |
| (Source: P.A. 94-91, eff. 7-1-05.)
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| (30 ILCS 425/4) (from Ch. 127, par. 2804)
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| Sec. 4. Purposes of Bonds. Bonds shall be issued for the | 3 |
| following
purposes and in the approximate amounts as set forth | 4 |
| below:
| 5 |
| (a) $3,317,000,000
$2,417,000,000 for the expenses of | 6 |
| issuance and
sale of Bonds, including bond discounts, and for | 7 |
| planning, engineering,
acquisition, construction, | 8 |
| reconstruction, development, improvement and
extension of the | 9 |
| public infrastructure in the State of Illinois, including: the
| 10 |
| making of loans or grants to local governments for waste | 11 |
| disposal systems,
water and sewer line extensions and water | 12 |
| distribution and purification
facilities, rail or air or water | 13 |
| port improvements, gas and electric utility
extensions, | 14 |
| publicly owned industrial and commercial sites, buildings
used | 15 |
| for public administration purposes and other public | 16 |
| infrastructure capital
improvements; the making of loans or | 17 |
| grants to units of local government
for financing and | 18 |
| construction of wastewater facilities; refinancing or
retiring | 19 |
| bonds issued between January 1, 1987 and January 1,
1990 by | 20 |
| home rule municipalities, debt service on which is provided | 21 |
| from a
tax imposed by home rule municipalities prior to January | 22 |
| 1, 1990 on the
sale of food and drugs pursuant to Section | 23 |
| 8-11-1 of the Home Rule
Municipal Retailers' Occupation Tax Act | 24 |
| or Section 8-11-5 of the Home
Rule Municipal Service Occupation | 25 |
| Tax Act; the making of deposits not
to exceed $70,000,000 in |
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| the aggregate into
the Water Pollution Control Revolving Fund | 2 |
| to provide assistance in
accordance with the provisions of | 3 |
| Title IV-A of the Environmental
Protection Act; the planning, | 4 |
| engineering, acquisition,
construction, reconstruction, | 5 |
| alteration, expansion, extension and
improvement of highways, | 6 |
| bridges, structures separating highways and
railroads, rest | 7 |
| areas, interchanges, access
roads to and from any State or | 8 |
| local highway and other transportation
improvement projects | 9 |
| which are related to
economic development activities; the | 10 |
| making of loans or grants for
planning, engineering, | 11 |
| rehabilitation, improvement or construction of rail
and | 12 |
| transit facilities; the planning, engineering, acquisition,
| 13 |
| construction, reconstruction and improvement of watershed, | 14 |
| drainage, flood
control, recreation and related improvements | 15 |
| and facilities, including
expenses related to land and easement | 16 |
| acquisition, relocation, control
structures, channel work and | 17 |
| clearing and appurtenant work; the making of
grants for | 18 |
| improvement and development of zoos and park district field
| 19 |
| houses and related structures; and the making of grants for | 20 |
| improvement and
development of Navy Pier and related | 21 |
| structures ; of which total amount the amount of $900,000,000 | 22 |
| shall be authorized for a period of 24 months from the | 23 |
| effective date of this amendatory Act of the 95th General | 24 |
| Assembly to be used for the specific purposes of this Section, | 25 |
| unless such authorization is extended by an act of the General | 26 |
| Assembly .
|
|
|
|
SB0785 Engrossed |
- 17 - |
LRB095 05458 RCE 25548 b |
|
| 1 |
| (b) $661,000,000
$186,000,000 for fostering economic | 2 |
| development and
increased employment and the well being of the | 3 |
| citizens of Illinois, including:
the making of grants for | 4 |
| improvement and development of McCormick Place and
related | 5 |
| structures; the
planning and construction of a | 6 |
| microelectronics research center, including
the planning, | 7 |
| engineering, construction, improvement, renovation and
| 8 |
| acquisition of buildings, equipment and related utility | 9 |
| support systems;
the making of loans to businesses and | 10 |
| investments in small businesses;
acquiring real properties for | 11 |
| industrial or commercial site development;
acquiring, | 12 |
| rehabilitating and reconveying industrial and commercial
| 13 |
| properties for the purpose of expanding employment and | 14 |
| encouraging private
and other public sector investment in the | 15 |
| economy of Illinois; the payment
of expenses associated with | 16 |
| siting the Superconducting Super Collider Particle
Accelerator | 17 |
| in Illinois and with its acquisition, construction,
| 18 |
| maintenance, operation, promotion and support; the making of | 19 |
| loans for the
planning, engineering, acquisition, | 20 |
| construction, improvement and
conversion of facilities and | 21 |
| equipment which will foster the use of
Illinois coal; the | 22 |
| payment of expenses associated with the
promotion, | 23 |
| establishment, acquisition and operation of small business
| 24 |
| incubator facilities and agribusiness research facilities, | 25 |
| including the lease,
purchase, renovation, planning, | 26 |
| engineering, construction and maintenance of
buildings, |
|
|
|
SB0785 Engrossed |
- 18 - |
LRB095 05458 RCE 25548 b |
|
| 1 |
| utility support systems and equipment designated for such
| 2 |
| purposes and the establishment and maintenance of centralized | 3 |
| support
services within such facilities; and the making of | 4 |
| grants or loans to
units of local government for Urban | 5 |
| Development Action Grant and Housing
Partnership programs ; of | 6 |
| which total amount the amount of $475,000,000 shall be | 7 |
| authorized for a period of 24 months from the effective date of | 8 |
| this amendatory Act of the 95th General Assembly to be used for | 9 |
| the specific purposes of this Section, unless such | 10 |
| authorization is extended by an act of the General Assembly .
| 11 |
| (c) $1,592,848,100
$1,052,358,100 for the development and
| 12 |
| improvement of educational,
scientific, technical and | 13 |
| vocational programs and facilities and the
expansion of health | 14 |
| and human services for all citizens of Illinois,
including: the | 15 |
| making of construction and improvement grants and loans
to | 16 |
| public libraries
and library systems; the making of grants and | 17 |
| loans for planning,
engineering, acquisition and construction
| 18 |
| of a new State central library in Springfield; the planning, | 19 |
| engineering,
acquisition and construction of an animal and | 20 |
| dairy sciences facility; the
planning, engineering, | 21 |
| acquisition and construction of a campus and all
related | 22 |
| buildings, facilities, equipment and materials for Richland
| 23 |
| Community College; the acquisition, rehabilitation and | 24 |
| installation of
equipment and materials for scientific and | 25 |
| historical surveys; the making of
grants or loans for | 26 |
| distribution to eligible vocational education instructional
|
|
|
|
SB0785 Engrossed |
- 19 - |
LRB095 05458 RCE 25548 b |
|
| 1 |
| programs for the upgrading of vocational education programs, | 2 |
| school shops
and laboratories, including the acquisition, | 3 |
| rehabilitation and
installation of technical equipment and | 4 |
| materials; the making of grants or
loans for distribution to | 5 |
| eligible local educational agencies for the
upgrading of math | 6 |
| and science instructional programs, including the
acquisition | 7 |
| of instructional equipment and materials; miscellaneous | 8 |
| capital
improvements for universities and community colleges | 9 |
| including the
planning, engineering,
construction, | 10 |
| reconstruction, remodeling, improvement, repair and
| 11 |
| installation of capital facilities and costs of planning, | 12 |
| supplies,
equipment, materials, services, and all other | 13 |
| required expenses; the
making of grants or loans for repair, | 14 |
| renovation and miscellaneous capital
improvements for | 15 |
| privately operated colleges and universities and community
| 16 |
| colleges, including the planning, engineering, acquisition, | 17 |
| construction,
reconstruction, remodeling,
improvement, repair | 18 |
| and installation of capital facilities and costs of
planning, | 19 |
| supplies, equipment, materials, services, and all other | 20 |
| required
expenses; and the making of grants or loans for | 21 |
| distribution to local
governments for hospital and other health | 22 |
| care facilities including the
planning, engineering, | 23 |
| acquisition, construction, reconstruction,
remodeling, | 24 |
| improvement, repair and installation of capital facilities and
| 25 |
| costs of planning, supplies, equipment, materials, services | 26 |
| and all other
required expenses ; of which total amount the |
|
|
|
SB0785 Engrossed |
- 20 - |
LRB095 05458 RCE 25548 b |
|
| 1 |
| amount of $540,490,000 shall be authorized for a period of 24 | 2 |
| months from the effective date of this amendatory Act of the | 3 |
| 95th General Assembly to be used for the specific purposes of | 4 |
| this Section, unless such authorization is extended by an act | 5 |
| of the General Assembly .
| 6 |
| (d) $207,150,900
$150,150,900 for protection, | 7 |
| preservation,
restoration and conservation of environmental | 8 |
| and natural resources,
including: the making of grants to soil | 9 |
| and water conservation districts
for the planning and | 10 |
| implementation of conservation practices and for
funding | 11 |
| contracts with the Soil Conservation Service for watershed
| 12 |
| planning; the making of grants to units of local government for | 13 |
| the
capital development and improvement of recreation areas, | 14 |
| including
planning and engineering costs, sewer projects, | 15 |
| including planning and
engineering costs and water projects, | 16 |
| including planning
and engineering costs, and for the | 17 |
| acquisition of open space lands,
including the acquisition of | 18 |
| easements and other property interests of less
than fee simple | 19 |
| ownership; the acquisition and related costs and development
| 20 |
| and management of natural heritage lands, including natural | 21 |
| areas and areas
providing habitat for
endangered species and | 22 |
| nongame wildlife, and buffer area lands; the
acquisition and | 23 |
| related costs and development and management of
habitat lands, | 24 |
| including forest, wildlife habitat and wetlands;
and the | 25 |
| removal and disposition of hazardous substances, including the | 26 |
| cost of
project management, equipment, laboratory analysis, |
|
|
|
SB0785 Engrossed |
- 21 - |
LRB095 05458 RCE 25548 b |
|
| 1 |
| and contractual services
necessary for preventative and | 2 |
| corrective actions related to the preservation,
restoration | 3 |
| and conservation of the environment, including deposits not to
| 4 |
| exceed $60,000,000 in the aggregate into the Hazardous Waste | 5 |
| Fund and the
Brownfields Redevelopment Fund for improvements in | 6 |
| accordance with the
provisions of Titles V and XVII of the | 7 |
| Environmental Protection Act ; of which total amount the amount | 8 |
| of $57,000,000 shall be authorized for a period of 24 months | 9 |
| from the effective date of this amendatory Act of the 95th | 10 |
| General Assembly to be used for the specific purposes of this | 11 |
| Section, unless such authorization is extended by an act of the | 12 |
| General Assembly .
| 13 |
| (e) The amount specified in paragraph (a) above
shall | 14 |
| include an amount necessary to pay reasonable expenses of each
| 15 |
| issuance and sale of the Bonds, as specified in the related | 16 |
| Bond Sale Order
(hereinafter defined).
| 17 |
| (f) Any unexpended proceeds from any sale of
Bonds which | 18 |
| are held in the Build Illinois Bond Fund may be used to redeem,
| 19 |
| purchase, advance refund, or defease any Bonds outstanding.
| 20 |
| (Source: P.A. 91-39, eff. 6-15-99; 91-53, eff. 6-30-99; 91-709, | 21 |
| eff.
5-17-00; 92-9, eff. 6-11-01; 92-598, eff. 6-28-02.)
| 22 |
| Section 99. Effective date. This Act takes effect upon | 23 |
| becoming law.
|
|