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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 SB2599 Introduced 10/9/2013, by Sen. Jason A. Barickman SYNOPSIS AS INTRODUCED: |
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Amends the State Finance Act. Prohibits the Wireless Carrier Reimbursement Fund from being subject to sweeps, administrative charge-backs, or any other fiscal or budgetary maneuver that would in any way transfer any amount from that Fund into any other fund of the State. Effective immediately.
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| | A BILL FOR |
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| | SB2599 | | LRB098 13497 OMW 48020 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,
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3 | | represented in the General Assembly:
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4 | | Section 5. The State Finance Act is amended by adding |
5 | | Section 50 as follows: |
6 | | (30 ILCS 105/50 new) |
7 | | Sec. 50. Fund sweeps. Notwithstanding any provision of law |
8 | | to the contrary, the Wireless Carrier Reimbursement Fund, |
9 | | listed under Section 5.531 of this Act, shall not be subject to |
10 | | sweeps, administrative charge-backs, or any other fiscal or |
11 | | budgetary maneuver that would in any way transfer any amount |
12 | | from that Fund into any other fund of the State.
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13 | | Section 99. Effective date. This Act takes effect upon |
14 | | becoming law.
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