reglab/housing_qa huggingface dataset:
20 ILCS 3501/825-75
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-75. Additional Security. In the event that the Authority  determines  that monies of the Authority will not be sufficient for the payment of the  principal of and interest on any bonds issued by the Authority under  Sections  825-65 through 825-75 of this Act for Clean Coal Projects, Coal Projects, Energy Efficiency Projects, or Renewable Energy Projects    during the next State fiscal  year, the Chairperson, as soon as practicable, shall certify to the Governor  the  amount required by the Authority to enable it to pay such principal, premium,  if  any, and interest on such bonds. The Governor shall submit the amount so  certified to the General Assembly as soon as practicable, but no later than the  end of the current State fiscal year. This subsection shall  apply to any  bonds or notes as to which the Authority shall have determined, in the  resolution authorizing the issuance of the bonds or notes, that this subsection  shall apply. Whenever the Authority makes such a determination, that fact  shall be plainly stated on the face of the bonds or notes and that fact should  also be reported to the Governor.  In the event of a withdrawal of moneys from a reserve fund established with  respect to any issue or issues of bonds of the Authority to pay principal,  premium, if any, and interest on such bonds, the Chairman of the Authority, as  soon as practicable, shall certify to the Governor the amount required to  restore the reserve fund to the level required in the resolution or indenture  securing those bonds. The Governor shall submit the amount so certified to the  General Assembly as soon as practicable, but no later than the end of the  current State fiscal year. The Authority shall obtain written approval from the  Governor for any bonds and notes to be issued under this Section.(Source: P.A. 95-470, eff. 8-27-07; 96-103, eff. 1-1-10; 96-817, eff. 1-1-10.)
20 ILCS 3501/825-85
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-85. Ambulance revolving loan program.(a) The Authority and the State Fire Marshal may jointly administer an ambulance revolving loan program.  The program shall, in instances where sufficient loan funds exist to permit applications to be accepted, provide zero-interest and low-interest loans for the purchase of ambulances by a fire department, a fire protection district, a township fire department, or a non-profit ambulance service.  The Authority shall make loans based on need, as determined by the State Fire Marshal.(b) The loan funds, subject to appropriation, shall be paid out of the Ambulance Revolving Loan Fund, a special fund in the State treasury.  The Fund shall consist of any moneys transferred or appropriated into the Fund, as well as all repayments of loans made under the program.  The Fund shall be used for loans to fire departments, fire protection districts, and non-profit ambulance services to purchase ambulances and for no other purpose.  All interest earned on moneys in the Fund shall be deposited into the Fund. As soon as practical after the effective date of this amendatory Act of the 97th General Assembly, all moneys in the Ambulance Revolving Loan Fund shall be paid by the State Fire Marshal to the Authority, and, on and after the effective date of this amendatory Act of the 97th General Assembly,  all future moneys deposited into the Ambulance Revolving Loan Fund under this Section shall be paid by the State Fire Marshal to the Authority under the continuing appropriation provision of subsection (b-1) of this Section; provided that the Authority and the State Fire Marshal enter into an intergovernmental agreement to  use the moneys transferred to the Authority from the Fund solely for the purposes for which the moneys would otherwise be used under this Section and to set forth procedures to otherwise administer the use of the moneys.(b-1)  There is hereby appropriated, on a continuing annual basis in each fiscal year, from the Ambulance Revolving Loan Fund, the amount, if any, of funds received into the Ambulance Revolving Loan Fund to the State Fire Marshal for payment to the Authority for the purposes for which the moneys would otherwise be used under this Section.(c) A loan for the purchase of ambulances may not exceed $200,000 to any fire department, fire protection district, or non-profit ambulance service.  The repayment period for the loan may not exceed 10 years. The fire department, fire protection district, or non-profit ambulance service` shall repay each year at least 5% of the principal amount borrowed or the remaining balance of the loan, whichever is less.  All repayments of loans shall be deposited into the Ambulance Revolving Loan Fund.(d) The Authority and the State Fire Marshal may adopt rules in accordance with the Illinois Administrative Procedure Act to administer the program.    (Source: P.A. 100-152, eff. 1-1-18.)
20 ILCS 3501/825-87
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-87. Public life safety capital investment finance program.(a) In addition to the powers set forth in Sections 825-80, 825-81, and 825-85 of this Act and in furtherance of the purposes and programs set forth in those Sections, the Authority may use loans as authorized in this Act to maximize the number of participants in the programs and to maximize the efficient use of taxpayer appropriated funds.  The moneys identified in Sections 825-80, 825-81, and 825-85 of this Act shall be used by the Authority only for the express purposes described in those Sections.(b) The Authority, after consulting with the State Fire Marshal, may determine the financial structure, including but not limited to the terms, conditions, collateral, maturity, and interest rate, of loans authorized by the programs under Sections 825-80, 825-81, and 825-85 of this Act.(c) The Authority and the State Fire Marshal may access the moneys referenced in Sections 825-80, 825-81, and 825-85 of this Act and may fix, determine, charge, and collect fees, in connection with the programs under Sections 825-80, 825-81 and 825-85 of this Act and in furtherance of the purposes set forth in this Section.(d) The Authority and the State Fire Marshal may adopt rules in accordance with the Illinois Administrative Procedure Act to administer the programs under this Section.  (Source: P.A. 97-901, eff. 1-1-13.)
20 ILCS 3501/825-95
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-95. Emerald ash borer revolving loan program.(a) The Illinois Finance Authority may administer an emerald ash borer revolving loan program. The program shall provide low-interest or zero-interest loans to units of local government for the treatment of standing trees and replanting of trees on public lands that are within emerald ash borer quarantine areas as established by the Illinois Department of Agriculture. The Authority may make loans based on the recommendation of the Department of Agriculture.  For the purposes of this Section, "treatment" means the administration, by environmentally sensitive processes and methods, of products and materials proven by academic research to protect ash trees from the invasive Emerald Ash Borer in order to prevent or reverse the damage and preserve the trees.(b) The loan funds, subject to appropriation, must be paid out of the Emerald Ash Borer Revolving Loan Fund, a special fund created in the State treasury.  The moneys in the Fund consist of any moneys transferred or appropriated into the Fund as well as all repayments of loans made under this program.  Moneys in the Fund may be used only for loans to units of local government for the treatment of standing trees and replanting  of trees within emerald ash borer quarantine areas established by the Department of Agriculture and for no other purpose.  All interest earned on moneys in the Fund must be deposited into the Fund.(c) A loan for the treatment of standing trees and replanting of trees on public lands within emerald ash borer quarantine areas established by the Department of Agriculture may not exceed $5,000,000 to any one unit of local government.  The repayment period for the loan may not exceed 20 years. The unit of local government shall repay, each year, at least 5% of the principal amount borrowed or the remaining balance of the loan, whichever is less.  All repayments of loans must be deposited into the Emerald Ash Borer Revolving Loan Fund.(d) Any loan under this Section to a unit of local government may not exceed the moneys that the unit of local government expends or dedicates for the reforestation project for which the loan is made.(e) The Department of Agriculture may enter into agreements with a unit of local government under which the unit of local government is authorized to assist the Department in carrying out its duties in a quarantined area, including inspection and eradication of any dangerous insect or dangerous plant disease, and including the transportation, processing, and disposal of diseased material. The Department is authorized to provide compensation or financial assistance to the unit of local government for its costs.(f) The Authority, with the assistance of the Department of Agriculture and the Department of Natural Resources, shall adopt rules to administer the program under this Section.    (Source: P.A. 98-90, eff. 7-15-13.)
20 ILCS 3501/825-100
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-100. School Wind and Solar Generation Program.(a) There is created the School Wind and Solar Generation Program to fund wind generation projects and solar generation projects for school districts and community college districts.  The Authority may implement and administer this program.  Under the program, the Authority may provide to school districts and community college districts that apply, full or partial low-interest loans for, without limitation, engineering studies, feasibility studies, research studies, and construction costs for wind generation projects and solar generation projects. The loan funds, subject to appropriation, shall be paid out of the School Wind and Solar Generation Revolving Loan Fund. All repayments of loans shall be deposited into the School Wind and Solar Generation Revolving Loan Fund.(b) The Authority may make available information regarding the School Wind and Solar Generation Program to all school districts and community college districts in this State.(c) The School Wind and Solar Generation Revolving Loan Fund is created as a special fund in the State treasury. The School Wind and Solar Generation Revolving Loan Fund shall consist of any moneys appropriated into the School Wind and Solar Generation Revolving Loan Fund, as well as all repayments of loans made under the School Wind and Solar Generation Program.  All interest earned on moneys in the School Wind and Solar Generation Revolving Loan Fund shall be deposited into the Fund.  All money in the School Wind and Solar Generation Revolving Loan Fund must be used, subject to appropriation, by the Authority for the purposes of this Section.(d) The Authority may accept additional funding for the School Wind and Solar Generation Program from the federal government and private donations.(e)  The Authority may adopt any rules necessary to implement this Section.   (Source: P.A. 96-725, eff. 8-25-09.)
20 ILCS 3501/825-105
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-105. Illiana Expressway financing. For the purpose of financing the Illiana Expressway under the Public Private Agreements for the Illiana Expressway Act, the Authority is authorized to apply for an allocation of tax-exempt bond financing authorization provided by Section 142(m) of the United States Internal Revenue Code, as well as financing available under any other federal law or program.  (Source: P.A. 96-913, eff. 6-9-10; 97-333, eff. 8-12-11.)
20 ILCS 3501/825-106
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-106. Transportation project financing. For the purpose of financing a transportation project undertaken under the Public-Private Partnerships for Transportation Act, the Authority is authorized to apply for an allocation of tax-exempt bond financing authorization provided by Section 142(m) of the United States Internal Revenue Code, as well as financing available under any other federal law or program.  (Source: P.A. 97-502, eff. 8-23-11.)
20 ILCS 3501/825-106.5
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

Sec. 825-106.5. South Suburban Airport financing.  For the  purpose of financing the South Suburban Airport under the Public-Private Agreements for the South Suburban Airport Act, the Authority is authorized to apply for an allocation of tax-exempt bond financing authorization provided by Section 142(m) of the United States Internal Revenue Code, as well as financing available under any other federal law or program.  (Source: P.A. 98-109, eff. 7-25-13.)
20 ILCS 3501/825-115
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 825 - Other Powers

(20 ILCS 3501/825-115)Sec. 825-115. (Repealed).   (Source: P.A. 97-971, eff. 1-1-13. Repealed internally, eff. 12-31-19.)
20 ILCS 3501/Art. 830 heading
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

 ARTICLE 830  AGRICULTURAL ASSISTANCE
20 ILCS 3501/830-5
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

Sec. 830-5. The Authority shall have the following powers:(a) To loan its funds to one or more persons to be used by such persons to  pay  the costs of acquiring, constructing, reconstructing or improving Agricultural  Facilities, soil or water conservation projects or watershed areas, such loans  to be on such terms and conditions, and for such period of time, and secured or  evidenced by such mortgages, deeds of trust, notes, debentures, bonds or other  secured or unsecured evidences of indebtedness of such persons as the Board may  determine;(b) To loan its funds to any agribusiness which operates or will operate a  facility located in Illinois for those purposes permitted by rules and  regulations issued pursuant to the Internal Revenue Code of 1954, as amended,  relating to the use of moneys loaned from the proceeds from the issuance of  industrial development revenue bonds; such loans shall be on terms and  conditions, and for periods of time, and secured or evidenced by mortgages,  deeds of trust, notes, debentures, bonds or other secured or unsecured  evidences  of indebtedness of such agribusiness as the Board may require;(c) To purchase, or to make commitments to purchase, from lenders notes,  debentures, bonds or other evidences of indebtedness secured by mortgages,  deeds of trust, or security devices, or unsecured, as the Authority may  determine, or portions thereof or participations therein, which notes, bonds,  or other evidences of indebtedness shall have been or will be executed by the  obligors thereon to obtain funds with which to acquire, by purchase,  construction, or otherwise, reconstruct or improve Agricultural Facilities;(d) To contract with lenders or others for the origination of or the  servicing  of the loans made by the Authority pursuant to this  Section or  represented by the notes, bonds, or other evidences of indebtedness which it  has purchased pursuant to this  Section; provided that such  servicing fees shall not exceed one percent per annum of the principal amount  outstanding owed to the Authority; and(e) To enter into a State Guarantee with a lender or a person holding a note  and  to sell or issue such State Guarantees, bonds or evidences of indebtedness in a  primary or a secondary market and to make payment on a State Guarantee from available sources, including but not limited to, the Illinois Agricultural Loan Guarantee Fund and the Illinois Farmer and Agribusiness Loan Guarantee Fund created under Section 830-30 and Section 830-35, respectively, and the Industrial Project Insurance Fund created under Article 805 of this Act.   (Source: P.A. 96-897, eff. 5-24-10.)
20 ILCS 3501/830-15
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

Sec. 830-15. Interest-buy-back program.(a) The Authority may establish an interest-buy-back program to subsidize  the interest cost on certain loans to Illinois farmers.(b) To be eligible an applicant must (i) be a resident of Illinois; (ii) be  a  principal operator of a farm or land; (iii) derive at least 50% of annual gross  income from farming; and (iv) have a net worth of at least $10,000. The  Authority shall establish minimum and maximum financial requirements, maximum  payment amounts, starting and ending dates for the program, and other criteria.(c) Lenders may apply on behalf of eligible applicants on forms provided by  the  Authority. Lenders may submit requests for payment on forms provided by the  Authority. Lenders and applicants shall be responsible for any fees or charges  the Authority may require.(d) The Authority shall make payments to lenders from available  appropriations from the General Revenue Fund.  (Source: P.A. 98-90, eff. 7-15-13.)
20 ILCS 3501/830-20
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

Sec. 830-20.   The Authority may not pass a resolution authorizing the  issuance  of any notes or bonds in excess of $450,000 for any one agricultural real  estate  borrower.  In any calendar year after 2007, the $450,000 amount shall be increased by an amount equal to such dollar amount multiplied by the inflation percentage determined under Section 305(c) of the federal Consolidated Farm and Rural Development Act (7 U.S.C. 1925) as of June 18, 2008.  Any  increase  determined under the preceding sentence shall be rounded to the nearest multiple of $100. No proceeds from any bonds issued by the Authority shall be loaned to  any natural person who has a net worth in excess of $500,000 for the purchase  of  new depreciable agricultural property or to any agribusiness that, including  all  affiliates and subsidiaries, has more than 100 employees and a gross income  exceeding $2,000,000 for the preceding calendar year; provided, however, that  the employee size and gross income limitations shall not apply to any loans to  agribusinesses for research and development purposes, and provided further that  the Authority shall retain the power to waive such limitations for any  agribusiness that, at the time of application, does not operate a facility  within this State.  (Source: P.A. 96-531, eff. 8-14-09.)
20 ILCS 3501/830-25
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

Sec. 830-25. Bonded indebtedness limitation. The Authority shall not have  outstanding at any one time State Guarantees under  Section 830-30 in an aggregate  principal amount exceeding $160,000,000. The Authority shall not have  outstanding at any one time State Guarantees under  Sections 830-35, 830-45 and 830-50 in an aggregate principal amount exceeding  $225,000,000. The Guarantees in this Section may be used to support Renewable Energy Projects as described in clauses (A) and (B) of subsection (b)(iii) of Section 825-65 of this Act.   (Source: P.A. 96-103, eff. 1-1-10.)
20 ILCS 3501/830-40
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 830 - Agricultural Assistance

Sec. 830-40.     Cooperative agreement with the University of Illinois.(a) The Authority may enter into a cooperative agreement with the University  of  Illinois whereby the University's College of Agriculture, or a department  thereof, shall assess and evaluate the need for additional, and the  performance of existing, State credit and finance programs administered by the  Authority for farmers and agribusinesses. Pursuant to the cooperative  agreement, the Authority may request from the University an evaluation of  financial positions and lending risks of existing farm operations and existing  and developing agricultural industries, an assessment and evaluation of the  design, operation and performance of existing and proposed credit programs, an  assessment of potential for development of agricultural industry, an assessment  of the performance of credit markets and development of improved State credit  instruments and programs, and any other information deemed necessary by the  Authority to carry forth its credit and finance programs.(b) A cooperative agreement entered into by the Authority and the University  may provide for payment for services rendered by the University pursuant to the  cooperative agreement from interest earnings remaining in the Illinois  Agricultural Loan Guarantee Fund, as provided for in  Section 830-30 of this Act,  and the Illinois Farmer and Agribusiness Loan Guarantee Fund, as provided for  in  Section 830-40 of this Act.    (Source: P.A. 93-205, eff. 1-1-04.)
20 ILCS 3501/Art. 835 heading
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 835 - Veterans Assistance

 ARTICLE 835 VETERANS ASSISTANCE  (Source: P.A. 99-509, eff. 6-24-16; 100-201, eff. 8-18-17.)
20 ILCS 3501/835-5
2021 Illinois Compiled Statutes|Chapter 20 - EXECUTIVE BRANCH|20 ILCS 3501/ - Illinois Finance Authority Act.|Article 835 - Veterans Assistance

Sec. 835-5. Legislative findings.  The General Assembly hereby finds and declares the following: (i) that there is an inadequate supply of funds available in this State at rates sufficiently low to enable veterans to own and operate small businesses  successfully in this State; (ii) such an inadequate supply of funds makes the  transition of veterans from service in the armed forces of the United States to civilian life more difficult and results in increased unemployment of veterans and its attendant problems; (iii) that there have been recurrent shortages of funds available to small businesses owned and operated by veterans in this State from private market sources at reasonable interest rates; and (iv) that the ordinary operations of  private enterprise have not in the past corrected these conditions.  (Source: P.A. 99-509, eff. 6-24-16.)