Special service area commissions may not establish a loan or line of credit in connection with the special service area. Service provider agencies in those municipalities may establish a loan or line of credit in connection with the special service area; however, financing under this Section may not be secured by future tax revenue generated by the special service area.
35 ILCS 200/27-105
Lines of credit
Known as the Special Service Area Tax Law
The act spans §§ 35-200-27-10 to 35-200-27-95 (29 sections).
P.A. 99-930, eff. 1-20-17.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.