Bill > SB0534

This bill makes a technical amendment to the Illinois Private Activity Bond Allocation Act by modifying Section 1 of the law. However, the specific details of the modification are not clear from the provided XML text, as the <slim:Fragment> tag appears to be empty. The government-provided summary suggests this is a minor change related to the short title of the act, which governs the allocation of private activity bonds in Illinois. Private activity bonds are a type of municipal bond used to finance projects for private entities that provide a public benefit, such as affordable housing, infrastructure, or economic development. Without more context from the full bill text, it's difficult to elaborate on the precise nature of the technical change being proposed.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=534&GAID=18&DocTypeID=SB&SessionID=114&GA=104