IL SB1850 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Metropolitan Pier and Exposition Authority Act. In provisions regarding the Metropolitan Pier and Exposition Authority's Chief Executive Officer's requirement to certify to the State Comptroller and the State Treasurer the amounts of incentive grant funds used during the current fiscal year, provides that, during the years 2022 through 2024, the certification shall demonstrate registered attendance in excess of 3,000 individuals or in excess of 5,000 individuals, as appropriate, rather than registered attendance in excess of 5,000 individuals or in excess of 10,000 individuals, as appropriate. Provides that, on July 15, 2022 and each July 15 thereafter through July 15, 2026, the Comptroller shall order transferred, and the Treasurer shall transfer, into the Metropolitan Pier and Exposition Authority Incentive Fund from the General Revenue Fund an amount equal to the incentive grant funds certified by the Chief Executive Officer as having been lawfully paid under the provisions of the Section in the previous fiscal year that have not otherwise been transferred into the Metropolitan Pier and Exposition Authority Incentive Fund, except that transfers in excess of $15,000,000 shall not be made in any fiscal year. Makes other changes. Effective immediately.

Tracking Information

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Title

MPEA ACT-INCENTIVE GRANT FUNDS

Sponsors


History

DateChamberAction
2021-04-16SenateRule 3-9(a) / Re-referred to Assignments
2021-04-07SenateSenate Committee Amendment No. 1 To Appropriations- Revenue and Finance
2021-03-26SenateSenate Committee Amendment No. 1 Referred to Assignments
2021-03-26SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
2021-03-16SenateTo Appropriations- Revenue and Finance
2021-03-16SenateAssigned to Appropriations
2021-02-26SenateReferred to Assignments
2021-02-26SenateFirst Reading
2021-02-26SenateFiled with Secretary by Sen. Mattie Hunter

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7021018Amended CodeCitation Text
702105Amended CodeCitation Text

Illinois State Sources


Bill Comments

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