{"data":{"id":"us-il/30-ilcs-105-8.25f","jurisdiction":"us-il","citation":"30 ILCS 105/8.25f","heading":"McCormick Place Expansion Project Fund.","body":"(a) Deposits. The following amounts shall be deposited into the McCormick Place Expansion Project Fund in the State Treasury: (i) the moneys required to be deposited into the Fund under Section 9 of the Use Tax Act, Section 9 of the Service Occupation Tax Act, Section 9 of the Service Use Tax Act, and Section 3 of the Retailers' Occupation Tax Act and (ii) the moneys required to be deposited into the Fund under subsection (g) of Section 13 of the Metropolitan Pier and Exposition Authority Act. Notwithstanding the foregoing, the maximum amount that may be deposited into the McCormick Place Expansion Project Fund from item (i) shall not exceed the Total Deposit amounts with respect to the following fiscal years:\nFiscal Year Total Deposit\n1993 $0\n1994 53,000,000\n1995 58,000,000\n1996 61,000,000\n1997 64,000,000\n1998 68,000,000\n1999 71,000,000\n2000 75,000,000\n2001 80,000,000\n2002 93,000,000\n2003 99,000,000\n2004 103,000,000\n2005 108,000,000\n2006 113,000,000\n2007 119,000,000\n2008 126,000,000\n2009 132,000,000\n2010 139,000,000\n2011 146,000,000\n2012 153,000,000\n2013 161,000,000\n2014 170,000,000\n2015 179,000,000\n2016 189,000,000\n2017 199,000,000\n2018 210,000,000\n2019 221,000,000\n2020 233,000,000\n2021 300,000,000\n2022 300,000,000\n2023 300,000,000\n2024 300,000,000\n2025 300,000,000\n2026 300,000,000\n2027 375,000,000\n2028 375,000,000\n2029 375,000,000\n2030 375,000,000\n2031 375,000,000\n2032 375,000,000\n2033 375,000,000\n2034 375,000,000\n2035 375,000,000\n2036 450,000,000\nand\neach fiscal year thereafter\nthat bonds are outstanding\nunder Section 13.2 of the\nMetropolitan Pier and Exposition\nAuthority Act, but not after\nfiscal year 2060.\nProvided that all amounts deposited in the Fund and requested in the Authority's certificate have been paid to the Authority, all amounts remaining in the McCormick Place Expansion Project Fund on the last day of any month shall be transferred to the General Revenue Fund.\n(b) Authority certificate. Beginning with fiscal year 1994 and continuing for each fiscal year thereafter, the Chairman of the Metropolitan Pier and Exposition Authority shall annually certify to the State Comptroller and the State Treasurer the amount necessary and required, during the fiscal year with respect to which the certification is made, to pay the debt service requirements (including amounts to be paid with respect to arrangements to provide additional security or liquidity) on all outstanding bonds and notes, including refunding bonds, (collectively referred to as \"bonds\") in an amount issued by the Authority pursuant to Section 13.2 of the Metropolitan Pier and Exposition Authority Act. The certificate may be amended from time to time as necessary.","path":["CHAPTER 30 FINANCE","State Finance Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=470\u0026ChapterID=7\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:18Z","sha256":"fe96a12253ab2a5054f7b773bd77ce57fb2b3ad4dbeb170738a1a0263e44251c","source_id":"us-il","stale":false,"prev":"us-il/30-ilcs-105-8.25e","next":"us-il/30-ilcs-105-8.25g"},"notice":"GroundRules: Original legal text. Not legal advice."}
