Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
Recent laws may not yet be included in the ILCS database, but they are found on this site as Public
soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Because the statute database is maintained primarily for legislative drafting purposes,
statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
been removed from the database and you should refer to that Public Act to see the changes
made to the current law.
(20 ILCS 3805/22)
(from Ch. 67 1/2, par. 322)
(a) The Authority shall not have outstanding at any one time
bonds and notes for any of its corporate purposes in an aggregate
principal amount exceeding $7,200,000,000, excluding
bonds and notes
issued to refund outstanding bonds and notes.
(b) Of the authorized aggregate principal amount of $7,200,000,000 provided
for by this Section, the amount of $150,000,000 shall be used for the purposes
specified in Sections 7.23 and 7.24 of this Act.
(c) Of the $1,000,000,000 authorized by this amendatory Act of 1985, an
amount not less than $100,000,000 shall be reserved for financing
developments which involve the rehabilitation of dwelling accommodations,
subject to the occupancy reservation of low or moderate income persons or
families as provided in this Act.
(Source: P.A. 102-175, eff. 7-29-21.)