Illinois HB3938 appropriates funds for the Metropolitan Pier and Exposition Authority for fiscal year 2025.
Illinois HB3938 allocates funds for the Metropolitan Pier and Exposition Authority for fiscal year 2025. It includes $244,990,700 from the McCormick Place Expansion Project Fund for debt service on bonds and related expenses. Additionally, it appropriates $278,023,500 from the Metropolitan Pier and Exposition Authority Incentive Fund for corporate purposes, and $18,032,800 from the Chicago Travel Industry Promotion Fund for a grant to Choose Chicago. The act takes effect July 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.