93RD GENERAL ASSEMBLY

 

State of Illinois

 

2003 and 2004

HB7192

 

Introduced 2/19/2004, by Rep. Michael J. Madigan - Gary Hannig - Ricca Slone

 

SYNOPSIS AS INTRODUCED:

 

Makes appropriations for expenses of the State Universities Retirement System for the fiscal year beginning July 1, 2004, as follows:

 

General Revenue Fund                 $217,916,000

Other State Funds                      18,688,700

Total                                $236,604,700

 

 

 

 

OMB093 00282 RJW 40076 b

 

 

 

 

 

$SURS OCE FY05

 

 

 


    AN ACT concerning appropriations.

 

        Be it enacted by the People of the State of Illinois, represented in the General Assembly:

 

ARTICLE 1

 

    Section 5.  The sum of $3,268,700, or so much thereof as may be necessary, is appropriated to the Community College Health Insurance Security Fund for the State's contribution, as required by law.

 

  Section 10.  The sum of $15,420,000, minus the amount transferred to the State Universities Retirement System pursuant to continuing appropriation authorized by the State Pensions Fund Continuing Appropriation Act, is appropriated from the State Pensions Fund to the Board of Trustees of the State Universities Retirement System of Illinois pursuant to the provisions of Section 8.12 of "AN ACT in relation to State finance", approved June 10, 1919, as amended.

 

    Section 15.  The following amounts, or so much thereof as may be necessary, respectively, are appropriated to the Board of Trustees of the State Universities Retirement System for the State's contribution, as provided by law:

Payable from the Common School Fund........... $200,000,000

Payable from the General Revenue Fund........... 17,916,000

    Total                                      $217,916,000

 

Section 99. Effective date. This Act takes effect on July 1, 2004.