Act
Local Government Debt Offering Act
- 30 ILCS 375/0.01— Short title
- 30 ILCS 375/1— It is the intent of this Act to facilitate, through State technical and advisory assistance, the marketing of local government bonds and other long-term obligations at the lowest possible net interest cost
- 30 ILCS 375/2— (a) "Local government" means a county, city, village, town, township, school district, and other special-purpose district, authority, or public corporation within the state and authorized by the state to issue bonds and other long-term obligations
- 30 ILCS 375/3— (Repealed)
- 30 ILCS 375/4— At the request of the governing body of any local government, the Department is authorized to review a proposed debt issue and to render an advisory opinion based upon the facts concerning the proposed issue
- 30 ILCS 375/5
- 30 ILCS 375/6— The Department shall have the following powers and duties: (1) To require such reports from local governments as will enable it adequately to provide the technical and advisory assistance authorized by this Act and to perform the regulatory functions required by the Act
- 30 ILCS 375/7
- 30 ILCS 375/8— This Act does not apply to any home rule unit