95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB0792

 

Introduced 2/8/2007, by Sen. Ira I. Silverstein - Emil Jones, Jr.

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/6c   from Ch. 127, par. 142c

    Amends the State Finance Act. Makes a technical change in a Section concerning the deposit of money received by the Division of Highways of the Department of Transportation into the road fund.


LRB095 05451 RCE 25541 b

 

 

A BILL FOR

 

SB0792 LRB095 05451 RCE 25541 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The State Finance Act is amended by changing
5 Section 6c as follows:
 
6     (30 ILCS 105/6c)  (from Ch. 127, par. 142c)
7     Sec. 6c. All fees and and other money received by the
8 Division of Highways of the Department of Transportation shall,
9 upon being paid into the State treasury, be placed in the road
10 fund. After the effective date of this amendatory Act of 1980,
11 investment income which is attributable to the investment of
12 moneys of the road fund shall be retained in the road fund.
13 (Source: P.A. 81-1550.)