2009 30 ILCS 330/7.5 – Tobacco securitization general obligation bonds
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(30 ILCS 330/7.5)
Sec. 7.5.
Tobacco securitization general obligation bonds.
The amount of $750,000,000 is authorized to be issued only during fiscal year 2003 for the making of deposits of 50% of net proceeds to the General Revenue Fund to build the fiscal year ending general funds cash balance and to meet the ordinary and contingent expenses of the State and 50% of net proceeds to the Budget Stabilization Fund.
(Source: P.A. 92-596, eff. 6-28-02.)