65 ILCS 5/8-13-5
As used in this Article:
"Assignment agreement" means an agreement between a transferring unit and an issuing entity for the conveyance of all or part of any revenues or taxes received by the transferring unit from a State entity.
"Conveyance" means an assignment, sale, transfer, or other conveyance.
"Deposit account" means a designated escrow account established by an issuing entity at a trust company or bank having trust powers for the deposit of transferred receipts under an assignment agreement.
"Issuing entity" means
(i) a corporation, trust or other entity that has been established for the limited purpose of issuing obligations for the benefit of a transferring unit, or (ii) a bank or trust company in its capacity as trustee for obligations issued by such bank or trust company for the benefit of a transferring unit.
"State entity" means the State Comptroller, the State Treasurer, or the Illinois Department of Revenue.
"Transferred receipts" means all or part of any revenues or taxes received from a State entity that have been conveyed by a transferring unit under an assignment agreement.
"Transferring unit" means a home rule municipality located in the State.
65 ILCS 5/8-13-5