Illinois Statutes

§ 30-35 — Limitations on funding

Illinois § 30-35
JurisdictionIllinois
TopicGOVERNMENT
Ch. 15EXECUTIVE OFFICERS
Act 15 ILCS 516/Community Development Loan Guarantee Act.

This text of Illinois § 30-35 (Limitations on funding) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
15 Ill. Comp. Stat. 30-35 (2026).

Text

The State Treasurer may allocate up to $10,000,000 of investment earnings each year for the Loan Guarantee Program, provided that no more than $50,000,000 may be used for guaranteeing loans at any given time. The State Treasurer shall make the allocation to the Loan Guarantee Administrative Trust Fund prior to allocating interest from the gross earnings of the State investment portfolio.

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Legislative History

(Source: P.A. 103-8, eff. 6-7-23.)

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Bluebook (online)
Illinois § 30-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/15/30-35.