Illinois Statutes

§ 7.5 — Tobacco securitization general obligation bonds

Illinois § 7.5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 30FINANCE
Act 30 ILCS 330/General Obligation Bond Act.

This text of Illinois § 7.5 (Tobacco securitization general obligation bonds) 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
30 Ill. Comp. Stat. 7.5 (2026).

Text

The amount of $750,000,000 is authorized to be issued only during fiscal year 2003 for the making of deposits of 50% of net proceeds to the General Revenue Fund to build the fiscal year ending general funds cash balance and to meet the ordinary and contingent expenses of the State and 50% of net proceeds to the Budget Stabilization Fund.

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Legislative History

(Source: P.A. 92-596, eff. 6-28-02.)

Nearby Sections

15
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Bluebook (online)
Illinois § 7.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/30/7.5.