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| | HB5286 Engrossed | | LRB104 18381 WRO 31823 b |
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| 1 | | AN ACT concerning State government.
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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 Illinois Emergency Management Agency Act is |
| 5 | | amended by adding Section 17.3 as follows:
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| 6 | | (20 ILCS 3305/17.3 new) |
| 7 | | Sec. 17.3. Federal Aid Disaster Fund. The Federal Aid |
| 8 | | Disaster Fund Trust Fund is a federal trust fund in the State |
| 9 | | treasury. The Trust Fund shall be held separate and apart from |
| 10 | | all public moneys or funds of this State. Moneys received by |
| 11 | | the Agency from a federal department or agency may be |
| 12 | | deposited into the Trust Fund. Interest earned by the |
| 13 | | investment or deposit of moneys accumulated in the Trust Fund |
| 14 | | shall be deposited into the Trust Fund. The Agency is |
| 15 | | authorized to expend any moneys in the Trust Fund for the |
| 16 | | specific purposes established by the terms and conditions of |
| 17 | | federal awards received by the Agency and in any amount that |
| 18 | | the Agency deems necessary to make grants and pay expenses in |
| 19 | | connection with its emergency management and preparedness |
| 20 | | programs.
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| 21 | | Section 99. Effective date. This Act takes effect upon |
| 22 | | becoming law. |