Creates the Downstate Illinois Sports Facilities Authority Act.
Creates the Downstate Illinois Sports Facilities Authority. Authorizes
the Authority to make loans for the purpose of acquiring,
constructing, maintaining, or rehabilitating sports facilities in the
State of Illinois, excluding the City of Chicago. Provides procedures
for the Authority to issue bonds. Provides that the Authority may
impose an occupation tax upon all persons engaged in the business of
renting, leasing, or letting rooms in a hotel if approved by ordinance
of the affected municipality.
MAY-15-2002 S FIRST READING
MAY-15-2002 S REFERRED TO SENATE RULES COMMITTEE RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
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