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regarded as indebtedness of the municipality issuing those obligations or any other taxing district for the purpose of any limitation imposed by law. Obligations issued pursuant to this Law shall not be subject to the provisions of the Bond Authorization Act. (f) When business district project costs, including, without limitation, all obligations paying or reimbursing business district project costs have been paid, any surplus funds then remaining in the Business District Tax Allocation Fund shall be distributed to the municipal treasurer for deposit into the general corporate fund of the municipality. Upon payment of all business district project costs and retirement of all obligations paying or reimbursing business district project costs, but in no event more than 23 years after the date of adoption of the ordinance imposing taxes pursuant to subsection (10) or (11) of Section 11-74.3-3, the municipality shall adopt an ordinance immediately rescinding the taxes imposed pursuant to subsection (10) or (11) of Section 11-74.3-3. (Source: P.A. 102-700, eff. 4-19-22; 103-592, eff. 1-1-25.) Section 100-25. The Metro-East Park and Recreation District Act is amended by changing Section 30 as follows: (70 ILCS 1605/30) Sec. 30. Taxes. SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468