70 ILCS 3210/45

Current through Public Act 103-1052

Section 70 ILCS 3210/45 - Reporting

Promptly following entering into a management agreement, an assistance agreement, or a loan agreement involving a new facility or facility site, the Authority shall submit a detailed written report and findings of the Authority with respect to the proposed management agreement, assistance agreement, or loan agreement to the General Assembly.

The report and findings of the Authority shall include the following:

(A) A detailed plan of the method of funding the management agreement, assistance agreement, or loan agreement;

(B) An evaluation of the economic consequences of the proposed management agreement, assistance agreement, or loan agreement; and

(C) If applicable, an analysis of the reasons for acquiring a site for constructing a new facility.

70 ILCS 3210/45

Added by P.A. 093-0227, § 45, eff. 1/1/2004.