Illinois SB 2306: PUB AID-MEDICAID ENROLLEES

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 Full Text of SB2306

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 Introduced 
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 Senate Amendment 001 

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 Senate Amendment 001 

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SB2306 EngrossedLRB104 08151 HLH 18199 b

1 AN ACT concerning finance.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Finance Authority Act is amended 

5by changing Sections 801-10, 801-40, and 850-10 as follows:

6 (20 ILCS 3501/801-10)

7 Sec. 801-10. Definitions. The following terms, whenever 

8used or referred to in this Act, shall have the following 

9meanings, except in such instances where the context may 

10clearly indicate otherwise:

11 (a) The term "Authority" means the Illinois Finance 

12Authority created by this Act.

13 (b) The term "project" means an industrial project, clean 

14energy project, conservation project, housing project, public 

15purpose project, higher education project, health facility 

16project, cultural institution project, municipal bond program 

17project, PACE Project, agricultural facility or agribusiness, 

18and "project" may include any combination of one or more of the 

19foregoing undertaken jointly by any person with one or more 

20other persons.

21 (c) The term "public purpose project" means (i) any 

22project or facility, including without limitation land, 

23buildings, structures, machinery, equipment and all other real 

SB2306 Engrossed- 2 -LRB104 08151 HLH 18199 b

1and personal property, which is authorized or required by law 

2to be acquired, constructed, improved, rehabilitated, 

3reconstructed, replaced or maintained by any unit of 

4government or any other lawful public purpose, including 

5provision of working capital, which is authorized or required 

6by law to be undertaken by any unit of government or (ii) co