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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,
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3 | represented in the General Assembly:
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4 | Section 5. The State Finance Act is amended by changing | |||||||||||||||||||
5 | Section 8g as follows:
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6 | (30 ILCS 105/8g)
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7 | Sec. 8g. Fund transfers.
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8 | (a) In addition to any other transfers that may be provided | |||||||||||||||||||
9 | for by law, as
soon as may be practical after the effective | |||||||||||||||||||
10 | date of this amendatory Act of
the 91st General Assembly, the | |||||||||||||||||||
11 | State Comptroller shall direct and the State
Treasurer shall | |||||||||||||||||||
12 | transfer the sum of $10,000,000 from the General Revenue Fund
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13 | to the Motor Vehicle License Plate Fund created by Senate Bill | |||||||||||||||||||
14 | 1028 of the 91st
General Assembly.
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15 | (b) In addition to any other transfers that may be provided | |||||||||||||||||||
16 | for by law, as
soon as may be practical after the effective | |||||||||||||||||||
17 | date of this amendatory Act of
the 91st General Assembly, the | |||||||||||||||||||
18 | State Comptroller shall direct and the State
Treasurer shall | |||||||||||||||||||
19 | transfer the sum of $25,000,000 from the General Revenue Fund
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20 | to the Fund for Illinois' Future created by Senate Bill 1066 of | |||||||||||||||||||
21 | the 91st
General Assembly.
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22 | (c) In addition to any other transfers that may be provided | |||||||||||||||||||
23 | for by law,
on August 30 of each fiscal year's license period, |
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1 | the Illinois Liquor Control
Commission shall direct and the | ||||||
2 | State Comptroller and State Treasurer shall
transfer from the | ||||||
3 | General Revenue Fund to the Youth Alcoholism and Substance
| ||||||
4 | Abuse Prevention Fund an amount equal to the number of retail | ||||||
5 | liquor licenses
issued for that fiscal year multiplied by $50.
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6 | (d) The payments to programs required under subsection (d) | ||||||
7 | of Section 28.1
of the Horse Racing Act of 1975 shall be made, | ||||||
8 | pursuant to appropriation, from
the special funds referred to | ||||||
9 | in the statutes cited in that subsection, rather
than directly | ||||||
10 | from the General Revenue Fund.
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11 | Beginning January 1, 2000, on the first day of each month, | ||||||
12 | or as soon
as may be practical thereafter, the State | ||||||
13 | Comptroller shall direct and the
State Treasurer shall transfer | ||||||
14 | from the General Revenue Fund to each of the
special funds from | ||||||
15 | which payments are to be made under Section 28.1(d) of the
| ||||||
16 | Horse Racing Act of 1975 an amount equal to 1/12 of the annual | ||||||
17 | amount required
for those payments from that special fund, | ||||||
18 | which annual amount shall not exceed
the annual amount for | ||||||
19 | those payments from that special fund for the calendar
year | ||||||
20 | 1998. The special funds to which transfers shall be made under | ||||||
21 | this
subsection (d) include, but are not necessarily limited | ||||||
22 | to, the Agricultural
Premium Fund; the Metropolitan Exposition | ||||||
23 | Auditorium and Office Building Fund;
the Fair and Exposition | ||||||
24 | Fund; the Standardbred Breeders Fund; the Thoroughbred
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25 | Breeders Fund; and the Illinois Veterans' Rehabilitation Fund.
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26 | (e) In addition to any other transfers that may be provided |
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1 | for by law,
as soon as may be practical after the effective | ||||||
2 | date of this amendatory Act of
the 91st General Assembly, but | ||||||
3 | in no event later than June 30, 2000, the State
Comptroller | ||||||
4 | shall direct and the State Treasurer shall transfer the sum of
| ||||||
5 | $15,000,000 from the General Revenue Fund to the Fund for | ||||||
6 | Illinois' Future.
| ||||||
7 | (f) In addition to any other transfers that may be provided | ||||||
8 | for by law,
as soon as may be practical after the effective | ||||||
9 | date of this amendatory Act of
the 91st General Assembly, but | ||||||
10 | in no event later than June 30, 2000, the State
Comptroller | ||||||
11 | shall direct and the State Treasurer shall transfer the sum of
| ||||||
12 | $70,000,000 from the General Revenue Fund to the Long-Term Care | ||||||
13 | Provider
Fund.
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14 | (f-1) In fiscal year 2002, in addition to any other | ||||||
15 | transfers that may
be provided for by law, at the direction of | ||||||
16 | and upon notification from the
Governor, the State Comptroller | ||||||
17 | shall direct and the State Treasurer shall
transfer amounts not | ||||||
18 | exceeding a total of $160,000,000 from the General
Revenue Fund | ||||||
19 | to the Long-Term Care Provider Fund.
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20 | (g) In addition to any other transfers that may be provided | ||||||
21 | for by law,
on July 1, 2001, or as soon thereafter as may be | ||||||
22 | practical, the State
Comptroller shall direct and the State | ||||||
23 | Treasurer shall transfer the sum of
$1,200,000 from the General | ||||||
24 | Revenue Fund to the Violence Prevention Fund.
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25 | (h) In each of fiscal years 2002 through 2004, but not
| ||||||
26 | thereafter, in
addition to any other transfers that may be |
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1 | provided for by law, the State
Comptroller shall direct and the | ||||||
2 | State Treasurer shall transfer $5,000,000
from the General | ||||||
3 | Revenue Fund to the Tourism Promotion Fund.
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4 | (i) On or after July 1, 2001 and until May 1, 2002, in | ||||||
5 | addition to any
other transfers that may be provided for by | ||||||
6 | law, at the direction of and upon
notification from the | ||||||
7 | Governor, the State Comptroller shall direct and the
State | ||||||
8 | Treasurer shall transfer amounts not exceeding a total of | ||||||
9 | $80,000,000
from the General Revenue Fund to the Tobacco | ||||||
10 | Settlement Recovery Fund.
Any amounts so transferred shall be | ||||||
11 | re-transferred by the State Comptroller
and the State Treasurer | ||||||
12 | from the Tobacco Settlement Recovery Fund to the
General | ||||||
13 | Revenue Fund at the direction of and upon notification from the
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14 | Governor, but in any event on or before June 30, 2002.
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15 | (i-1) On or after July 1, 2002 and until May 1, 2003, in | ||||||
16 | addition to any
other transfers that may be provided for by | ||||||
17 | law, at the direction of and upon
notification from the | ||||||
18 | Governor, the State Comptroller shall direct and the
State | ||||||
19 | Treasurer shall transfer amounts not exceeding a total of | ||||||
20 | $80,000,000
from the General Revenue Fund to the Tobacco | ||||||
21 | Settlement Recovery Fund.
Any amounts so transferred shall be | ||||||
22 | re-transferred by the State Comptroller
and the State Treasurer | ||||||
23 | from the Tobacco Settlement Recovery Fund to the
General | ||||||
24 | Revenue Fund at the direction of and upon notification from the
| ||||||
25 | Governor, but in any event on or before June 30, 2003.
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26 | (j) On or after July 1, 2001 and no later than June 30, |
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1 | 2002, in addition to
any other transfers that may be provided | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2 | for by law, at the direction of and
upon notification from the | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3 | Governor, the State Comptroller shall direct and the
State | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4 | Treasurer shall transfer amounts not to exceed the following | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5 | sums into
the Statistical Services Revolving Fund:
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1 | (k) In addition to any other transfers that may be provided | |||||||||
2 | for by law,
as soon as may be practical after the effective | |||||||||
3 | date of this amendatory Act of
the 92nd General Assembly, the | |||||||||
4 | State Comptroller shall direct and the State
Treasurer shall | |||||||||
5 | transfer the sum of $2,000,000 from the General Revenue Fund
to | |||||||||
6 | the Teachers Health Insurance Security Fund.
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7 | (k-1) In addition to any other transfers that may be | |||||||||
8 | provided for by
law, on July 1, 2002, or as soon as may be | |||||||||
9 | practical thereafter, the State
Comptroller shall direct and | |||||||||
10 | the State Treasurer shall transfer the sum of
$2,000,000 from | |||||||||
11 | the General Revenue Fund to the Teachers Health Insurance
| |||||||||
12 | Security Fund.
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13 | (k-2) In addition to any other transfers that may be | |||||||||
14 | provided for by
law, on July 1, 2003, or as soon as may be | |||||||||
15 | practical thereafter, the State
Comptroller shall direct and | |||||||||
16 | the State Treasurer shall transfer the sum of
$2,000,000 from | |||||||||
17 | the General Revenue Fund to the Teachers Health Insurance
| |||||||||
18 | Security Fund.
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19 | (k-3) On or after July 1, 2002 and no later than June 30, | |||||||||
20 | 2003, in
addition to any other transfers that may be provided | |||||||||
21 | for by law, at the
direction of and upon notification from the | |||||||||
22 | Governor, the State Comptroller
shall direct and the State | |||||||||
23 | Treasurer shall transfer amounts not to exceed the
following | |||||||||
24 | sums into the Statistical Services Revolving Fund:
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12 | (l) In addition to any other transfers that may be provided | |||||||||||||||||||||||||||||||||||||||||||||
13 | for by law, on
July 1, 2002, or as soon as may be practical | |||||||||||||||||||||||||||||||||||||||||||||
14 | thereafter, the State Comptroller
shall direct and the State | |||||||||||||||||||||||||||||||||||||||||||||
15 | Treasurer shall transfer the sum of $3,000,000 from
the General | |||||||||||||||||||||||||||||||||||||||||||||
16 | Revenue Fund to the Presidential Library and Museum Operating
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17 | Fund.
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18 | (m) In addition to any other transfers that may be provided | |||||||||||||||||||||||||||||||||||||||||||||
19 | for by law, on
July 1, 2002 and on the effective date of this | |||||||||||||||||||||||||||||||||||||||||||||
20 | amendatory Act of the 93rd
General Assembly, or as soon | |||||||||||||||||||||||||||||||||||||||||||||
21 | thereafter as may be practical, the State Comptroller
shall | |||||||||||||||||||||||||||||||||||||||||||||
22 | direct and the State Treasurer shall transfer the sum of | |||||||||||||||||||||||||||||||||||||||||||||
23 | $1,200,000 from
the General Revenue Fund to the Violence | |||||||||||||||||||||||||||||||||||||||||||||
24 | Prevention Fund.
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25 | (n) In addition to any other transfers that may be provided | |||||||||||||||||||||||||||||||||||||||||||||
26 | for by law,
on July 1,
2003, or as soon thereafter as may be |
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| |||||||
1 | practical, the State Comptroller shall
direct and the
State | ||||||
2 | Treasurer shall transfer the sum of $6,800,000 from the General | ||||||
3 | Revenue
Fund to
the DHS Recoveries Trust Fund.
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4 | (o) On or after July 1, 2003, and no later than June 30, | ||||||
5 | 2004, in
addition to any
other transfers that may be provided | ||||||
6 | for by law, at the direction of and upon
notification
from the | ||||||
7 | Governor, the State Comptroller shall direct and the State | ||||||
8 | Treasurer
shall
transfer amounts not to exceed the following | ||||||
9 | sums into the Vehicle Inspection
Fund:
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11 | (p) On or after July 1, 2003 and until May 1, 2004, in | ||||||
12 | addition to any
other
transfers that may be provided for by | ||||||
13 | law, at the direction of and upon
notification from
the | ||||||
14 | Governor, the State Comptroller shall direct and the State | ||||||
15 | Treasurer shall
transfer
amounts not exceeding a total of | ||||||
16 | $80,000,000 from the General Revenue Fund to
the
Tobacco | ||||||
17 | Settlement Recovery Fund. Any amounts so transferred shall be
| ||||||
18 | re-transferred
from the Tobacco Settlement Recovery Fund to the | ||||||
19 | General Revenue Fund at the
direction of and upon notification | ||||||
20 | from the Governor, but in any event on or
before June
30, 2004.
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21 | (q) In addition to any other transfers that may be provided | ||||||
22 | for by law, on
July 1,
2003, or as soon as may be practical | ||||||
23 | thereafter, the State Comptroller shall
direct and the
State | ||||||
24 | Treasurer shall transfer the sum of $5,000,000 from the General | ||||||
25 | Revenue
Fund to
the Illinois Military Family Relief Fund.
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26 | (r) In addition to any other transfers that may be provided |
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1 | for by law, on
July 1,
2003, or as soon as may be practical | ||||||
2 | thereafter, the State Comptroller shall
direct and the
State | ||||||
3 | Treasurer shall transfer the sum of $1,922,000 from the General | ||||||
4 | Revenue
Fund to
the Presidential Library and Museum Operating | ||||||
5 | Fund.
| ||||||
6 | (s) In addition to any other transfers that may be provided | ||||||
7 | for by law, on
or after
July 1, 2003, the State Comptroller | ||||||
8 | shall direct and the State Treasurer shall
transfer the
sum of | ||||||
9 | $4,800,000 from the Statewide Economic Development Fund to the | ||||||
10 | General
Revenue Fund.
| ||||||
11 | (t) In addition to any other transfers that may be provided | ||||||
12 | for by law, on
or after
July 1, 2003, the State Comptroller | ||||||
13 | shall direct and the State Treasurer shall
transfer the
sum of | ||||||
14 | $50,000,000 from the General Revenue Fund to the Budget | ||||||
15 | Stabilization
Fund.
| ||||||
16 | (u) On or after July 1, 2004 and until May 1, 2005, in | ||||||
17 | addition to any other transfers that may be provided for by | ||||||
18 | law, at the direction of and upon notification from the | ||||||
19 | Governor, the State Comptroller shall direct and the State | ||||||
20 | Treasurer shall transfer amounts not exceeding a total of | ||||||
21 | $80,000,000 from the General Revenue Fund to the Tobacco | ||||||
22 | Settlement Recovery Fund. Any amounts so transferred shall be | ||||||
23 | retransferred by the State Comptroller and the State Treasurer | ||||||
24 | from the Tobacco Settlement Recovery Fund to the General | ||||||
25 | Revenue Fund at the direction of and upon notification from the | ||||||
26 | Governor, but in any event on or before June 30, 2005.
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1 | (v) In addition to any other transfers that may be provided | ||||||
2 | for by law, on July 1, 2004, or as soon thereafter as may be | ||||||
3 | practical, the State Comptroller shall direct and the State | ||||||
4 | Treasurer shall transfer the sum of $1,200,000 from the General | ||||||
5 | Revenue Fund to the Violence Prevention Fund. | ||||||
6 | (w) In addition to any other transfers that may be provided | ||||||
7 | for by law, on July 1, 2004, or as soon thereafter as may be | ||||||
8 | practical, the State Comptroller shall direct and the State | ||||||
9 | Treasurer shall transfer the sum of $6,445,000 from the General | ||||||
10 | Revenue Fund to the Presidential Library and Museum Operating | ||||||
11 | Fund.
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12 | (x) In addition to any other transfers that may be provided | ||||||
13 | for by law, on January 15, 2005, or as soon thereafter as may | ||||||
14 | be practical, the State Comptroller shall direct and the State | ||||||
15 | Treasurer shall transfer to the General Revenue Fund the | ||||||
16 | following sums: | ||||||
17 | From the State Crime Laboratory Fund, $200,000; | ||||||
18 | From the State Police Wireless Service Emergency Fund, | ||||||
19 | $200,000; | ||||||
20 | From the State Offender DNA Identification System | ||||||
21 | Fund, $800,000; and | ||||||
22 | From the State Police Whistleblower Reward and | ||||||
23 | Protection Fund, $500,000.
| ||||||
24 | (y) Notwithstanding any other provision of law to the | ||||||
25 | contrary, in addition to any other transfers that may be | ||||||
26 | provided for by law on June 30, 2005, or as soon as may be |
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| |||||||
1 | practical thereafter, the State Comptroller shall direct and | ||||||
2 | the State Treasurer shall transfer the remaining balance from | ||||||
3 | the designated funds into the General Revenue Fund and any | ||||||
4 | future deposits that would otherwise be made into these funds | ||||||
5 | must instead be made into the General Revenue Fund:
| ||||||
6 | (1) the Keep Illinois Beautiful Fund;
| ||||||
7 | (2) the
Metropolitan Fair and Exposition Authority | ||||||
8 | Reconstruction Fund; | ||||||
9 | (3) the
New Technology Recovery Fund; | ||||||
10 | (4) the Illinois Rural Bond Bank Trust Fund; | ||||||
11 | (5) the ISBE School Bus Driver Permit Fund; | ||||||
12 | (6) the
Solid Waste Management Revolving Loan Fund; | ||||||
13 | (7)
the State Postsecondary Review Program Fund; | ||||||
14 | (8) the
Tourism Attraction Development Matching Grant | ||||||
15 | Fund; | ||||||
16 | (9) the
Patent and Copyright Fund; | ||||||
17 | (10) the
Credit Enhancement Development Fund; | ||||||
18 | (11) the
Community Mental Health and Developmental | ||||||
19 | Disabilities Services Provider Participation Fee Trust | ||||||
20 | Fund; | ||||||
21 | (12) the
Nursing Home Grant Assistance Fund; | ||||||
22 | (13) the
By-product Material Safety Fund; | ||||||
23 | (14) the
Illinois Student Assistance Commission Higher | ||||||
24 | EdNet Fund; | ||||||
25 | (15) the
DORS State Project Fund; | ||||||
26 | (16) the School Technology Revolving Fund; |
| |||||||
| |||||||
1 | (17) the
Energy Assistance Contribution Fund; | ||||||
2 | (18) the
Illinois Building Commission Revolving Fund; | ||||||
3 | (19) the
Illinois Aquaculture Development Fund; | ||||||
4 | (20) the
Homelessness Prevention Fund; | ||||||
5 | (21) the
DCFS Refugee Assistance Fund; | ||||||
6 | (22) the
Illinois Century Network Special Purposes | ||||||
7 | Fund; and | ||||||
8 | (23) the
Build Illinois Purposes Fund.
| ||||||
9 | (z) In addition to any other transfers that may be provided | ||||||
10 | for by law, on July 1, 2005, or as soon as may be practical | ||||||
11 | thereafter, the State Comptroller shall direct and the State | ||||||
12 | Treasurer shall transfer the sum of $1,200,000 from the General | ||||||
13 | Revenue Fund to the Violence Prevention Fund.
| ||||||
14 | (aa) In addition to any other transfers that may be | ||||||
15 | provided for by law, on July 1, 2005, or as soon as may be | ||||||
16 | practical thereafter, the State Comptroller shall direct and | ||||||
17 | the State Treasurer shall transfer the sum of $9,000,000 from | ||||||
18 | the General Revenue Fund to the Presidential Library and Museum | ||||||
19 | Operating Fund.
| ||||||
20 | (bb) In addition to any other transfers that may be | ||||||
21 | provided for by law, on July 1, 2005, or as soon as may be | ||||||
22 | practical thereafter, the State Comptroller shall direct and | ||||||
23 | the State Treasurer shall transfer the sum of $6,803,600 from | ||||||
24 | the General Revenue Fund to the Securities Audit and | ||||||
25 | Enforcement Fund.
| ||||||
26 | (cc) In addition to any other transfers that may be |
| |||||||
| |||||||
1 | provided for by law, on or after July 1, 2005 and until May 1, | ||||||
2 | 2006, at the direction of and upon notification from the | ||||||
3 | Governor, the State Comptroller shall direct and the State | ||||||
4 | Treasurer shall transfer amounts not exceeding a total of | ||||||
5 | $80,000,000 from the General Revenue Fund to the Tobacco | ||||||
6 | Settlement Recovery Fund. Any amounts so transferred shall be | ||||||
7 | re-transferred by the State Comptroller and the State Treasurer | ||||||
8 | from the Tobacco Settlement Recovery Fund to the General | ||||||
9 | Revenue Fund at the direction of and upon notification from the | ||||||
10 | Governor, but in any event on or before June 30, 2006.
| ||||||
11 | (dd) In addition to any other transfers that may be | ||||||
12 | provided for by law, on April 1, 2005, or as soon thereafter as | ||||||
13 | may be practical, at the direction of the Director of Public | ||||||
14 | Aid (now Director of Healthcare and Family Services), the State | ||||||
15 | Comptroller shall direct and the State Treasurer shall transfer | ||||||
16 | from the Public Aid Recoveries Trust Fund amounts not to exceed | ||||||
17 | $14,000,000 to the Community Mental Health Medicaid Trust Fund. | ||||||
18 | (ee) Notwithstanding any other provision of law, on July 1, | ||||||
19 | 2006, or as soon thereafter as practical, the State Comptroller | ||||||
20 | shall direct and the State Treasurer shall transfer the | ||||||
21 | remaining balance from the Illinois Civic Center Bond Fund to | ||||||
22 | the Illinois Civic Center Bond Retirement and Interest Fund. | ||||||
23 | (ff) In addition to any other transfers that may be | ||||||
24 | provided for by law, on and after July 1, 2006 and until June | ||||||
25 | 30, 2007, at the direction of and upon notification from the | ||||||
26 | Director of the Governor's Office of Management and Budget, the |
| |||||||
| |||||||
1 | State Comptroller shall direct and the State Treasurer shall | ||||||
2 | transfer amounts not exceeding a total of $1,900,000 from the | ||||||
3 | General Revenue Fund to the Illinois Capital Revolving Loan | ||||||
4 | Fund. | ||||||
5 | (gg) In addition to any other transfers that may be | ||||||
6 | provided for by law, on and after July 1, 2006 and until May 1, | ||||||
7 | 2007, at the direction of and upon notification from the | ||||||
8 | Governor, the State Comptroller shall direct and the State | ||||||
9 | Treasurer shall transfer amounts not exceeding a total of | ||||||
10 | $80,000,000 from the General Revenue Fund to the Tobacco | ||||||
11 | Settlement Recovery Fund. Any amounts so transferred shall be | ||||||
12 | retransferred by the State Comptroller and the State Treasurer | ||||||
13 | from the Tobacco Settlement Recovery Fund to the General | ||||||
14 | Revenue Fund at the direction of and upon notification from the | ||||||
15 | Governor, but in any event on or before June 30, 2007. | ||||||
16 | (hh) In addition to any other transfers that may be | ||||||
17 | provided for by law, on and after July 1, 2006 and until June | ||||||
18 | 30, 2007, at the direction of and upon notification from the | ||||||
19 | Governor, the State Comptroller shall direct and the State | ||||||
20 | Treasurer shall transfer amounts from the Illinois Affordable | ||||||
21 | Housing Trust Fund to the designated funds not exceeding the | ||||||
22 | following amounts: | ||||||
23 | DCFS Children's Services Fund .................$2,200,000
| ||||||
24 | Department of Corrections Reimbursement | ||||||
25 | and Education Fund ........................$1,500,000
| ||||||
26 | Supplemental Low-Income Energy |
| |||||||
| |||||||
1 | Assistance Fund ..............................$75,000
| ||||||
2 | (ii) In addition to any other transfers that may be | ||||||
3 | provided for by law, on or before August 31, 2006, the Governor | ||||||
4 | and the State Comptroller may agree to transfer the surplus | ||||||
5 | cash balance from the General Revenue Fund to the Budget | ||||||
6 | Stabilization Fund and the Pension Stabilization Fund in equal | ||||||
7 | proportions. The determination of the amount of the surplus | ||||||
8 | cash balance shall be made by the Governor, with the | ||||||
9 | concurrence of the State Comptroller, after taking into account | ||||||
10 | the June 30, 2006 balances in the general funds and the actual | ||||||
11 | or estimated spending from the general funds during the lapse | ||||||
12 | period. Notwithstanding the foregoing, the maximum amount that | ||||||
13 | may be transferred under this subsection (ii) is $50,000,000. | ||||||
14 | (jj) In addition to any other transfers that may be | ||||||
15 | provided for by law, on July 1, 2006, or as soon thereafter as | ||||||
16 | practical, the State Comptroller shall direct and the State | ||||||
17 | Treasurer shall transfer the sum of $8,250,000 from the General | ||||||
18 | Revenue Fund to the Presidential Library and Museum Operating | ||||||
19 | Fund. | ||||||
20 | (kk) In addition to any other transfers that may be | ||||||
21 | provided for by law, on July 1, 2006, or as soon thereafter as | ||||||
22 | practical, the State Comptroller shall direct and the State | ||||||
23 | Treasurer shall transfer the sum of $1,400,000 from the General | ||||||
24 | Revenue Fund to the Violence Prevention Fund.
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25 | (ll) In addition to any other transfers that may be | ||||||
26 | provided for by law, on the first day of each calendar quarter |
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1 | of the fiscal year beginning July 1, 2006, or as soon | ||||||
2 | thereafter as practical, the State Comptroller shall direct and | ||||||
3 | the State Treasurer shall transfer from the General Revenue | ||||||
4 | Fund amounts equal to one-fourth of $20,000,000 to the | ||||||
5 | Renewable Energy Resources Trust Fund. | ||||||
6 | (mm) In addition to any other transfers that may be | ||||||
7 | provided for by law, on July 1, 2006, or as soon thereafter as | ||||||
8 | practical, the State Comptroller shall direct and the State | ||||||
9 | Treasurer shall transfer the sum of $1,320,000 from the General | ||||||
10 | Revenue Fund to the I-FLY Fund. | ||||||
11 | (nn) In addition to any other transfers that may be | ||||||
12 | provided for by law, on July 1, 2006, or as soon thereafter as | ||||||
13 | practical, the State Comptroller shall direct and the State | ||||||
14 | Treasurer shall transfer the sum of $3,000,000 from the General | ||||||
15 | Revenue Fund to the African-American HIV/AIDS Response Fund. | ||||||
16 | (oo) In addition to any other transfers that may be | ||||||
17 | provided for by law, on and after July 1, 2006 and until June | ||||||
18 | 30, 2007, at the direction of and upon notification from the | ||||||
19 | Governor, the State Comptroller shall direct and the State | ||||||
20 | Treasurer shall transfer amounts identified as net receipts | ||||||
21 | from the sale of all or part of the Illinois Student Assistance | ||||||
22 | Commission loan portfolio from the Student Loan Operating Fund | ||||||
23 | to the General Revenue Fund. The maximum amount that may be | ||||||
24 | transferred pursuant to this Section is $38,800,000. In | ||||||
25 | addition, no transfer may be made pursuant to this Section that | ||||||
26 | would have the effect of reducing the available balance in the |
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1 | Student Loan Operating Fund to an amount less than the amount | ||||||
2 | remaining unexpended and unreserved from the total | ||||||
3 | appropriations from the Fund estimated to be expended for the | ||||||
4 | fiscal year. The State Treasurer and Comptroller shall transfer | ||||||
5 | the amounts designated under this Section as soon as may be | ||||||
6 | practical after receiving the direction to transfer from the | ||||||
7 | Governor.
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8 | (pp)
(ee) In addition to any other transfers that may be | ||||||
9 | provided for by law, on July 1, 2006, or as soon thereafter as | ||||||
10 | practical, the State Comptroller shall direct and the State | ||||||
11 | Treasurer shall transfer the sum of $2,000,000 from the General | ||||||
12 | Revenue Fund to the Illinois Veterans Assistance Fund. | ||||||
13 | (qq) In addition to any other transfers that may be | ||||||
14 | provided for by law, as
soon as may be practical after the | ||||||
15 | effective date of this amendatory Act of
the 95th General | ||||||
16 | Assembly, the State Comptroller shall direct and the State
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17 | Treasurer shall transfer the sum of $1,200,000,000 from the | ||||||
18 | General Revenue Fund
to the Hospital Provider Fund.
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19 | (Source: P.A. 93-32, eff. 6-20-03; 93-648, eff. 1-8-04; 93-839, | ||||||
20 | eff. 7-30-04; 93-1067, eff. 1-15-05; 94-58, eff. 6-17-05; | ||||||
21 | 94-91, eff. 7-1-05; 94-816, eff. 5-30-06; 94-839, eff. 6-6-06; | ||||||
22 | revised 8-3-06.)
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23 | Section 99. Effective date. This Act takes effect upon | ||||||
24 | becoming law.
|