Illinois Statutes
§ 2705-425
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 2705/ Civil Administrative Code of Illinois. (Department of Transportation Law)
(was 20 ILCS 2705/49.25f) Sec. 2705-425. Rail freight services assistance; loans; Rail Freight Loan Repayment Fund. No funds available for operating or capital assistance under Section 5 of the United States Department of Transportation Act for rail freight services in Illinois may be expended without specific appropriation of those funds. Reimbursements for those loans that financially responsible persons are required by agreement to repay shall be deposited in the State treasury as follows:
(1)the State's share shall be deposited in the fund from which the original expenditure was made, and (2) the federal share shall be deposited in the Rail Freight Loan Repayment Fund. In the case of repaid funds deposited in the Rail Freight Loan Repayment Fund, the Department shall have the reuse of
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 2705-425 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
§ 2705/49.25f
Illinois 20 § 2705/49.25f
Legislative History
(Source: P.A. 91-239, eff. 1-1-00.)
Nearby Sections
15
§ 2705-1
Article short title§ 2705-10
§ 2705-10§ 2705-100
§ 2705-100§ 2705-105
§ 2705-105§ 2705-110
§ 2705-110§ 2705-115
§ 2705-115§ 2705-120
§ 2705-120§ 2705-125
§ 2705-125§ 2705-15
§ 2705-15§ 2705-175
§ 2705-175§ 2705-200
§ 2705-200§ 2705-203
§ 2705-203§ 2705-205
§ 2705-205§ 2705-207
(Repealed)§ 2705-210
§ 2705-210