Illinois Compiled Statutes 105 ILCS 5/10-20.43 – School facility and resources occupation tax fund
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All proceeds received by a school district from a distribution under Section 3-14.31 must be maintained in a special fund known as the school facility and resources occupation tax fund. The district may use moneys in that fund only for school facility purposes, as that term is defined under § 5-1006.7 of the Counties Code.