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Code · Illinois · Chapter 20 — EXECUTIVE BRANCH · Act 655

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

86 words·~1 min read·/il/chapter-20/act-655/7

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Sec. 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".
(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.
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