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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0464 Introduced 01/31/11, by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
| | 30 ILCS 105/6c | from Ch. 127, par. 142c |
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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.
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| | A BILL FOR |
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| | HB0464 | | LRB097 03291 PJG 43328 b |
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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, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The State Finance Act is amended by changing |
| 5 | | Section 6c as follows:
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| 6 | | (30 ILCS 105/6c) (from Ch. 127, par. 142c)
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| 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.)
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