SB1633 EnrolledLRB097 07085 HLH 47178 b


  
1    AN ACT concerning State government.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
4    Section 5. The State Finance Act is amended  by changing 
5Sections 6z-51 and 6z-81 as follows:
 
6    (30 ILCS 105/6z-51)

7    Sec. 6z-51. Budget Stabilization Fund.


8    (a) The Budget Stabilization Fund, a special fund in the 
9State Treasury,
shall consist of moneys appropriated or 
10transferred to that Fund, as provided
in Section 6z-43 and as 
11otherwise provided by law.
All earnings on Budget Stabilization 
12Fund investments shall be deposited into
that Fund.


13    (b) The State Comptroller may direct the State Treasurer to 
14transfer moneys
from the Budget Stabilization Fund to the 
15General Revenue Fund in order to meet
cash flow deficits 
16resulting from timing variations between disbursements
and the 
17receipt
of funds within a fiscal year.  Any moneys so borrowed 
18in any fiscal year other than Fiscal Year 2011 shall be repaid 
19by June
30 of the fiscal year in which they were borrowed.
Any 
20moneys so borrowed in Fiscal Year 2011 shall be repaid no later 
21than July 15, 2011. 

22(Source: P.A. 92-11, eff. 6-11-01; 92-651, eff. 7-11-02; 
2393-660, eff. 7-1-04.)

 
 
 
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1    (30 ILCS 105/6z-81)
2    Sec. 6z-81. Healthcare Provider Relief Fund.
3    (a)    There is created in the State treasury a special fund 
4to be known as the Healthcare Provider Relief Fund.
5    (b)  The Fund is created for the purpose of receiving and 
6disbursing moneys in accordance with this Section. 
7Disbursements from the Fund shall be made only as follows:
8        (1)   Subject to appropriation, for payment by the 
9    Department of Healthcare and


 Family Services or by the 
10    Department of Human Services of medical bills and related 
11    expenses, including administrative expenses, for which the 
12    State is responsible under Titles XIX and XXI of the Social 
13    Security Act, the Illinois Public Aid Code, the Children's 
14    Health Insurance Program Act, the Covering ALL KIDS Health 
15    Insurance Act, and the Senior Citizens and Disabled Persons 
16    Property Tax Relief and Pharmaceutical Assistance Act.
17        (2)    For repayment of funds borrowed from other State


 
18    funds or from outside sources, including interest thereon.
19    (c) The Fund shall consist of the following:
20        (1)    Moneys received by the State from short-term


 
21    borrowing pursuant to the Short Term Borrowing Act on or 
22    after the effective date of this amendatory Act of the 96th 
23    General Assembly.
24        (2)   All federal matching funds received by the


 Illinois 
25    Department of Healthcare and Family Services  as a result of 
 
 
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1    expenditures made by the Department that are attributable 
2    to moneys deposited in the Fund.
3        (3)   All federal matching funds received by the


 Illinois 
4    Department of Healthcare and Family Services as a result of 
5    federal approval of Title XIX State plan amendment 
6    transmittal number 07-09.
7        (4)   All other moneys received for the Fund from any


 
8    other source, including interest earned thereon.
9    (d) In addition to any other transfers that may be provided 
10for by law, on the effective date of this amendatory Act of the 
1197th General Assembly, or as soon thereafter as practical, the 
12State Comptroller shall direct and the State Treasurer shall 
13transfer the sum of $365,000,000 from the General Revenue Fund 
14into the Healthcare Provider Relief Fund. 

15(Source: P.A. 96-820, eff. 11-18-09; 96-1100, eff. 1-1-11.)
 

16    Section 99. Effective date. This Act takes effect upon 
17becoming law.