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1 | AN ACT concerning the Adeline Jay Geo-Karis Illinois Beach | ||||||
2 | Marina.
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3 | Be it enacted by the People of the State of Illinois,
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4 | represented in the General Assembly:
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5 | Section 5. The Department of Natural Resources Act is | ||||||
6 | amended by adding Section 1-40 as follows: | ||||||
7 | (20 ILCS 801/1-40 new)
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8 | Sec. 1-40. Adeline Jay Geo-Karis Illinois Beach Marina; | ||||||
9 | maintenance. The Department shall formulate and implement a | ||||||
10 | 10-year program for the maintenance and reconstruction of the | ||||||
11 | Adeline Jay Geo-Karis Illinois Beach Marina. The program shall | ||||||
12 | be in place no later than January 1, 2008, and shall be known | ||||||
13 | as the Adeline Jay Geo-Karis Illinois Beach Marina Program.
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14 | Section 10. The State Finance Act is amended by changing | ||||||
15 | Section 8.25c as follows:
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16 | (30 ILCS 105/8.25c) (from Ch. 127, par. 144.25c)
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17 | Sec. 8.25c. (a) Beginning in fiscal year 1991 and | ||||||
18 | continuing through the
third quarter of fiscal year 1993, the | ||||||
19 | State Comptroller shall order
transferred and the State | ||||||
20 | Treasurer shall transfer from the Illinois Beach
Marina Fund | ||||||
21 | (now known as the Adeline Jay Geo-Karis Illinois Beach Marina |
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1 | Fund) to the General Revenue Fund 50% of the revenue deposited | ||||||
2 | into the
Illinois Beach Marina Fund. Beginning in the fourth | ||||||
3 | quarter of fiscal year
1993 and thereafter until the
sum of | ||||||
4 | $31,200,000 is paid to the General Revenue Fund, the State
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5 | Comptroller shall order transferred and the State Treasurer | ||||||
6 | shall transfer
from the Adeline Jay Geo-Karis Illinois Beach | ||||||
7 | Marina Fund (formerly known as the Illinois Beach Marina Fund)
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8 | to the General Revenue Fund 35%
25% of the
first $2,000,000 of | ||||||
9 | revenue deposited into the Adeline Jay Geo-Karis Illinois Beach | ||||||
10 | Marina Fund (formerly known as the Illinois Beach Marina Fund)
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11 | in
any fiscal year , and 75% of the revenue deposited into the | ||||||
12 | Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly | ||||||
13 | known as the Illinois Beach
Marina Fund) in excess of | ||||||
14 | $2,000,000 in any fiscal year; however, such
transfers shall | ||||||
15 | not exceed
$2,000,000 in any fiscal year . In addition,
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16 | beginning in fiscal year 1991 and thereafter until the sum of | ||||||
17 | $8,000,000
is paid to the State Boating Act Fund the State | ||||||
18 | Comptroller shall order
transferred and the State Treasurer | ||||||
19 | shall transfer from the Adeline Jay Geo-Karis Illinois Beach | ||||||
20 | Marina Fund (formerly known as the Illinois Beach
Marina Fund)
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21 | to the State Boating Act Fund 15% of the revenue deposited into
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22 | the Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly | ||||||
23 | known as the Illinois Beach Marina Fund). Beginning in fiscal | ||||||
24 | year 1992, the
transfers from the Adeline Jay Geo-Karis | ||||||
25 | Illinois Beach Marina Fund (formerly known as the Illinois | ||||||
26 | Beach Marina Fund) to the State Boating Act Fund
shall be made |
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1 | only at the direction of and in the amount authorized by the
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2 | Department of Natural Resources. Moneys transferred under
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3 | authorization of this
Section to the State Boating Act Fund in | ||||||
4 | fiscal year 1992 before the
effective date of this amendatory | ||||||
5 | Act of 1991 may be transferred to the
Illinois Beach Marina | ||||||
6 | Fund (now known as the Adeline Jay Geo-Karis Illinois Beach | ||||||
7 | Marina Fund) at the direction of the Department of Natural
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8 | Resources. The transfers required under this Section
shall be | ||||||
9 | made within 30 days after the end of each quarter based on the
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10 | State Comptroller's record of receipts for the quarter. The | ||||||
11 | initial
transfers shall be made within 30 days after June 30, | ||||||
12 | 1990 based on
revenues received in the preceding quarter. | ||||||
13 | Additional transfers in
excess of the limits established under | ||||||
14 | this Section may be authorized by
the Department of Natural | ||||||
15 | Resources for accelerated
payback of the amount due.
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16 | (b) The Department may, subject to appropriations by the | ||||||
17 | General Assembly,
use monies in the Adeline Jay Geo-Karis | ||||||
18 | Illinois Beach Marina Fund (formerly known as the Illinois | ||||||
19 | Beach Marina Fund) to pay for operation,
maintenance, repairs, | ||||||
20 | or improvements to the marina project; provided,
however, that | ||||||
21 | payment of the amounts due under the terms of subsection (a)
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22 | shall have priority on all monies deposited in this Fund.
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23 | (c) Monies on deposit in excess of that needed for payments | ||||||
24 | to the
General Revenue Fund and the State Boating Fund and in | ||||||
25 | excess of those
monies needed for the operation, maintenance, | ||||||
26 | repairs, or improvements to
the Adeline Jay Geo-Karis Illinois |
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1 | Beach Marina as determined by the Department of Natural
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2 | Resources may be transferred at the discretion of the
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3 | Department to the State Parks Fund.
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4 | (Source: P.A. 94-1042, eff. 7-24-06.)
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5 | Section 99. Effective date. This Act takes effect upon | ||||||
6 | becoming law. |