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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB1239 Introduced 2/17/2021, by Rep. Emanuel Chris Welch SYNOPSIS AS INTRODUCED: | | 30 ILCS 105/5g | from Ch. 127, par. 141g |
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Amends the State Finance Act. Makes a technical change in a Section
concerning
the transfer of Road Fund money.
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| | A BILL FOR |
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| | HB1239 | | LRB102 03254 RJF 13267 b |
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1 | | AN ACT concerning finance.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The State Finance Act is amended by changing |
5 | | Section 5g as follows:
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6 | | (30 ILCS 105/5g) (from Ch. 127, par. 141g)
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7 | | Sec. 5g.
(a) After July 1, 1991, the
the General Assembly |
8 | | shall direct the
transfer from the General Revenue Fund to the |
9 | | Road Fund of the sum of
$36,000,000, or so much thereof as may |
10 | | be necessary, so that after such
transfer the total |
11 | | expenditures for the fiscal year beginning July 1, 1990
for |
12 | | the Division of State Troopers from the Road Fund do not exceed |
13 | | the
amount appropriated in fiscal year 1990 for the
Division |
14 | | of State Troopers. Such transfers shall be completed no later
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15 | | than June 30, 1992. |
16 | | (b) If the General Assembly has not completed the |
17 | | transfers required
under subsection (a) of this Section on or |
18 | | before June 30, 1992, and if
the General Revenue Fund balance |
19 | | is $250 million or greater on June 30,
1992 or June 30th of any |
20 | | year thereafter, on July 1 of the fiscal year
immediately |
21 | | following the fiscal year which has a June 30th balance of $250
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22 | | million or greater, the
Comptroller shall order the transfer |
23 | | and the Treasurer shall transfer from
the General Revenue Fund |