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Illinois · Through at least Public Act 104-790

15 ILCS 516/30-35: Limitations on funding.

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Where this section sits in the code
  1. CHAPTER 15 EXECUTIVE OFFICERS
  2. Community Development Loan Guarantee Act.

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.

Collected 2026-09-15T04:46:13Z. Source file · JSON

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