SB2574 allocates funds to the Metropolitan Pier and Exposition Authority for various purposes, including corporate purposes, debt service, and grants.
SB2574 provides appropriations to the Metropolitan Pier and Exposition Authority for the fiscal year beginning July 1, 2025. The bill allocates funds from various sources, including the Metropolitan Pier and Exposition Authority Incentive Fund, the Chicago Travel Industry Promotion Fund, and the McCormick Place Expansion Project Fund. These funds are designated for corporate purposes, debt service on McCormick Place Expansion Project Bonds, and a grant to Choose Chicago. The act takes effect on July 1, 2025.
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- Core Provisions
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- Legal Framework
- Critical Issues
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