Sen. Dan Kotowski

Filed: 4/20/2015

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 274

2    AMENDMENT NO. ______. Amend Senate Bill 274 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The State Finance Act is amended by adding
5Section 8.57 as follows:
 
6    (30 ILCS 105/8.57 new)
7    Sec. 8.57. Special fund transfers. Actions authorized
8under this Act are intended to support fiscal year 2015
9programs so as to avoid any hardship imposed upon providers as
10a result of grant suspensions.
11    (a) In order to maintain the integrity of special funds and
12improve the stability in the General Revenue Fund, up to an
13additional $26 million from other funds authorized in Public
14Act 99-02 are allowed to be transferred from the other funds to
15the General Revenue Fund, except the Road Fund, Motor Fuel Tax
16Fund, and State Construction Account Fund.

 

 

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1    (b) On and after the effective date of this amendatory Act
2of the 99th General Assembly through the end of State fiscal
3year 2015, when any of the funds listed in subsection (a) have
4insufficient cash from which the State Comptroller may make
5expenditures properly supported by appropriations from the
6fund, then, at the direction of the Director of the Governor's
7Office of Management and Budget, the State Treasurer and State
8Comptroller shall transfer from the General Revenue Fund to the
9fund only such amount as is immediately necessary to satisfy
10outstanding expenditure obligations on a timely basis, subject
11to the provisions of the State Prompt Payment Act. All or a
12portion of the amounts transferred from the General Revenue
13Fund to a fund pursuant to this subsection (b) from time to
14time may be re-transferred by the State Comptroller and the
15State Treasurer from the receiving fund into the General
16Revenue Fund as soon as and to the extent that deposits are
17made into or receipts are collected by the receiving fund.
18    (c) The State Treasurer and State Comptroller shall
19transfer the amounts designated under subsections (a) of this
20Section as soon as may be practicable after receiving the
21direction to transfer from the Director of the Governor's
22Office of Management and Budget. If the Director of the
23Governor's Office of Management and Budget determines that any
24transfer authorized by this Section from a special fund under
25subsection (a) either (i) jeopardizes federal funding based on
26a written communication from a federal official or (ii)

 

 

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1violates an order of a court of competent jurisdiction, then
2the Director may order the State Treasurer and State
3Comptroller, in writing, to (i) transfer from the General
4Revenue Fund to that listed special fund all or part of the
5amounts transferred from that special fund under subsection
6(a).
7    (d) For the fourth quarter of State fiscal year 2015, the
8report filed under Section 7.2 of the Governor's Office of
9Management and Budget Act shall contain, in addition to the
10information otherwise required, information on all transfers
11made pursuant to this Section, including all of the following:
12        (1) The date each transfer was made.
13        (2) The amount of each transfer.
14        (3) In the case of a transfer from the General Revenue
15    Fund to a fund of origin pursuant to subsection (c) or (d)
16    of this Section, the amount of such transfer and the date
17    such transfer was made.
18        (4) The end of day balance of both the fund of origin
19    and the General Revenue Fund on the date the transfer was
20    made.
21    (e) Notwithstanding any provision of law to the contrary,
22the transfers in this Section shall be made through the end of
23State fiscal year 2015.".
 
24    Section 99. Effective date. This Act takes effect upon
25becoming law.".