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 South Suburban Airport Improvement Fund, which is hereby created as a special fund in the State treasury. Expenditures may be made from the South Suburban Airport Improvement Fund only in the manner as appropriated by the General Assembly by law.
620 ILCS 75/2-50
Public-private agreement proceeds
Known as the Public-Private Agreements for the South Suburban Airport Act
The act spans §§ 620-75-2-1 to 620-75-2-95 (34 sections).
P.A. 98-109, eff. 7-25-13.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.