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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1260 Introduced 2/17/2021, by Rep. Emanuel Chris Welch SYNOPSIS AS INTRODUCED:
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Amends the Accountability for the Investment of Public Funds Act. Makes a
technical change in a Section concerning definitions.
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| | A BILL FOR |
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| | HB1260 | | LRB102 03275 RJF 13288 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 Accountability for the Investment of Public |
| 5 | | Funds Act is amended by changing Section 5 as follows:
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| 6 | | (30 ILCS 237/5)
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| 7 | | Sec. 5. Definitions. As used in this Act:
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| 8 | | "Public funds" means current operating funds, special |
| 9 | | funds, interest and
and
sinking
funds, and funds of any kind or |
| 10 | | character belonging to or in the custody of any
State
agency. |
| 11 | | "State agency" means those entities included in the |
| 12 | | definition of "State
agencies"
in the Illinois State Auditing |
| 13 | | Act.
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| 14 | | (Source: P.A. 93-499, eff. 1-1-04.)
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