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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 8-2. Definitions. As used in this Article:
(a) “Department” means the Illinois Department of Commerce and Economic Opportunity.
(b) “Local government” means any unit of local government as defined in Article VII, Section 1 of the 1970 Illinois Constitution.
(c) “Business retention, development or expansion project” means the expansion of an existing, for-profit commercial, industrial, manufacturing, scientific, agricultural or service business within Illinois, or the establishment of a new such business on a site within Illinois, so long as the business to be established is not relocating from another site within the State, unless the relocation of such a business will result in a substantial increase in employment or retention of an existing such business.
(d) “Public infrastructure” means local roads and streets, access roads, bridges, and sidewalks; waste disposal systems; water and sewer line extensions and water distribution and purification facilities, and sewage treatment facilities; rail or air or water port improvements; gas and electric utility facilities; transit capital facilities; development and improvement of publicly owned industrial and commercial sites, or other public capital improvements which are an essential precondition to a business retention, development or expansion project for the purposes of the Business Development Public Infrastructure Loan and Grant Program. “Public Infrastructure” also means capital acquisitions, construction, and improvements to other local facilities and sites, and associated permanent furnishings and equipment that are a necessary precondition to local health, safety and economic development for purposes of the Affordable Financing of Public Infrastructure Loan and Grant Program.
(e) “Local public entity” means any entity as defined by Section 1-206 of the Local Governmental and Governmental Employees Tort Immunity Act. 1
(f) “Medical facility” and “public health clinic” mean any entity as defined by subsections (a) and (c), respectively, of Section 6-101 of the Local Governmental and Governmental Employees Tort Immunity Act. 2
Cite this article: FindLaw.com - Illinois Statutes Chapter 30. Finance § 750/8-2. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-30-finance/il-st-sect-30-750-8-2/
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