30 ILCS 743/25

Current through Public Act 103-1056

Section 30 ILCS 743/25 - Limitation on Grant Amounts

The total amount of a grant to an eligible developer shall not exceed the lesser of:

(1) $3,000,000 in each State fiscal year; or

(2) the total amount of infrastructure costs incurred by the eligible developer with respect to a project that is the subject of an agreement.

No eligible developer shall receive moneys that are attributable to a project that is not the subject of the developer's agreement with the Department.

30 ILCS 743/25

Added by P.A. 096-0602,§ 25, eff. 8/21/2009.