Illinois Statutes
§ 8-1-2.5 — Expenses for economic development
Illinois § 8-1-2.5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Article 8 - Finance
This text of Illinois § 8-1-2.5 (Expenses for economic development) 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
65 Ill. Comp. Stat. 8-1-2.5 (2026).
Text
The corporate authorities may appropriate and expend funds for economic development purposes, including, without limitation, the making of grants to any other governmental entity or commercial enterprise that are deemed necessary or desirable for the promotion of economic development within the municipality.
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Legislative History
(Source: P.A. 97-94, eff. 7-11-11.)
Nearby Sections
15
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Bluebook (online)
Illinois § 8-1-2.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/8-1-2.5.