Bill > SB0208

This bill provides a $5,000,000 appropriation from the General Revenue Fund to the Illinois Department of Transportation, specifically designated as a grant to the Alexander-Cairo Port District. The purpose of this grant is to cover non-bondable development expenses related to the Cairo Port, which means costs associated with port improvements or expansion that cannot be financed through bond issuance. By allocating these funds, the bill aims to support infrastructure development and potentially economic growth in the Cairo area. The bill will take effect immediately upon passage, as is typical with appropriations bills, and represents a direct financial investment in local port infrastructure by the state of Illinois.