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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0158
Introduced 2/2/2005, by Sen. M. Maggie Crotty SYNOPSIS AS INTRODUCED:
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225 ILCS 100/19 |
from Ch. 111, par. 4819 |
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Amends the Podiatric Medical Practice Act of 1987. Provides that of the moneys deposited into the Illinois State Podiatric Disciplinary Fund, during each 2-year renewal period, $200,000 (rather than 15%) of the money received from the payment of renewal fees shall be used for certain scholarships, residency programs, and other expenses. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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SB0158 |
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LRB094 06513 RAS 36601 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Podiatric Medical Practice Act of 1987 is |
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| amended by changing Section 19 as follows:
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| (225 ILCS 100/19) (from Ch. 111, par. 4819)
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| (Section scheduled to be repealed on January 1, 2008)
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| Sec. 19. Disciplinary Fund. All fees and fines received by |
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| the Department
under this Act shall be deposited in the |
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| Illinois State Podiatric
Disciplinary Fund, a special fund |
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| created hereunder in the State Treasury. Of
the moneys |
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| deposited into the Illinois State Podiatric Disciplinary Fund, |
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| during each 2-year renewal period, $200,000
15%
of the money |
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| received from the payment of renewal fees shall be used for
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| podiatric scholarships and residency programs under the |
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| Podiatric Scholarship
and Residency Act and the remainder shall |
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| be appropriated to the Department for
expenses of the |
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| Department and of the Podiatric Medical Licensing Board and for
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| podiatric scholarships and residency programs under the |
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| Podiatric Scholarship
and Residency Act.
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| Moneys in the Illinois State Podiatric Disciplinary Fund |
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| may be
invested and reinvested in investments authorized for |
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| the investment of funds
of the State Employees' Retirement |
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| System of Illinois.
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| All earnings received from such investments shall be |
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| deposited in the
Illinois State Podiatric Disciplinary Fund and |
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| may be used for the
same purposes as fees deposited in such |
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| fund.
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| Moneys in the Fund may be transferred to the Professions |
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| Indirect Cost Fund
as authorized under Section 2105-300 of the |
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| Department of
Professional Regulation Law (20 ILCS |
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| 2105/2105-300).
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