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IL SB2233
Bill
AI Summary
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Appropriates $2,000,000 from the General Revenue Fund to the Village of Coal City for debt incurred from cleanup and recovery efforts following an EF-3 tornado on June 22, 2015.
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The tornado caused damage to nearly one-third of Coal City's total housing stock and required complete reconstruction of 160 residential structures.
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Emergency response expenditures totaled approximately $15,100,000, exceeding the federal funding formula threshold by 84%, but the Illinois Emergency Management Agency did not recommend federal participation.
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The Village was forced to sell alternate revenue bonds in 2015 to fund public works, infrastructure restoration, security, and neighborhood renovation after the state was unable to provide funding.
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The Act takes effect upon becoming law.
Legislative Description
$GRF-COAL CITY RECOVERY
Last Action
Session Sine Die
1/13/2021