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Code · Illinois · Chapter 30 — FINANCE · Act 743

Sec. 15. Intermodal Facilities Promotion Fund.

94 words·~1 min read·/il/chapter-30/act-743/15

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Sec. 15. Intermodal Facilities Promotion Fund. The Intermodal Facilities Promotion Fund is created as a special fund in the State treasury. As soon as possible, upon certification of the Department of Revenue following review of the amounts contained in the quarter annual report required under paragraph
(4)of Section 30, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Intermodal Facilities Promotion Fund an amount equal to the incremental income tax for the previous month attributable to a project that is the subject of an agreement.
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