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Illinois Statutes Chapter 20. Executive Branch § 655/7. State Incentives Regarding Public Services and Physical Infrastructure

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 7. State Incentives Regarding Public Services and Physical Infrastructure.

(a) This Act does not restrict tax incentive financing pursuant to the “Tax Increment Allocation Redevelopment Act”. 1

(b) Industrial development bonds. Priority in the use of industrial development bonds issued by the Illinois Finance Authority shall be given to businesses located in an Enterprise Zone.

(c) Deposit of State funds by the State Treasurer. The State Treasurer is authorized and encouraged to place deposits of State funds with financial institutions doing business in an Enterprise Zone.

1 65 ILCS 5/11-74.4-1 et seq.
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Cite this article: FindLaw.com - Illinois Statutes Chapter 20. Executive Branch § 655/7. State Incentives Regarding Public Services and Physical Infrastructure - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-20-executive-branch/il-st-sect-20-655-7/

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