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605 ILCS 130/40

Public private agreement proceeds

Known as the Public Private Agreements for the Illiana Expressway Act

The act spans §§ 605-130-1 to 605-130-999 (40 sections).

P.A. 96-913, eff. 6-9-10.

After the payment of all transaction costs, including payments for legal, accounting, financial, consultation, and other professional services, all moneys received by the State as compensation for the public private agreement shall be deposited into the Illiana Expressway Proceeds Fund, which is hereby created as a special fund in the State treasury. Expenditures may be made from the Fund only in the manner as appropriated by the General Assembly by law.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.