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Illinois · Through at least Public Act 104-790

20 ILCS 3501/845-5

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Where this section sits in the code
  1. CHAPTER 20 EXECUTIVE BRANCH
  2. Illinois Finance Authority Act.

Bond limitations.

(a) The Authority may not have outstanding at any one time bonds for any of its corporate purposes in an aggregate principal amount exceeding $28,150,000,000, excluding bonds issued to refund the bonds of the Authority or bonds of the Predecessor Authorities.

(b) The Authority may not have outstanding at any one time revenue bonds in an aggregate principal amount exceeding $4,000,000,000 on behalf of the Illinois Power Agency as set forth in Section 825-90. Any such revenue bonds issued on behalf of the Illinois Power Agency pursuant to this Act shall not be counted against the bond authorization limit set forth in subsection (a).

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

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