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1 | | Revenue Fund; Education Assistance Fund; Common School |
2 | | Fund; Fund for the Advancement of Education; Personal |
3 | | Property Tax Replacement Fund; Drivers Education Fund; |
4 | | School District Emergency Financial Assistance Fund; |
5 | | School Technology Revolving Loan Fund; SBE Federal |
6 | | Department of Education Fund; and School Infrastructure |
7 | | Fund. |
8 | | "Public education" means services provided for by a |
9 | | school under the jurisdiction of the State Board of |
10 | | Education or an institution of higher education under the |
11 | | jurisdiction of the Board of Higher Education. |
12 | | (15 ILCS 20/50-24 new) |
13 | | Sec. 50-24. Funding for human services. |
14 | | (a) To provide for public health and welfare it is the |
15 | | policy of the State that in payments from general revenue, |
16 | | stability of payments for human needs shall be a priority. |
17 | | (b) For purposes of this Section: |
18 | | "Human services" means all services provided for by the |
19 | | following Departments: the Department of Human Services, |
20 | | the Department on Aging, the Department of Healthcare and |
21 | | Family Services, the Department of Children and Family |
22 | | Services, and the Department of Public Health. |
23 | | "Funding for human services" means appropriations made |
24 | | available for human services from the General Revenue Fund; |
25 | | Commitment to Human Services Fund; Long Term Care Ombudsman |
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1 | | Fund; Tobacco Settlement Recovery Fund; and Department on |
2 | | Aging State Projects Fund. |
3 | | Section 10. The State Comptroller Act is amended by adding |
4 | | Section 9.5 as follows: |
5 | | (15 ILCS 405/9.5 new) |
6 | | Sec. 9.5. Prioritization of payments. |
7 | | (a) It is the policy of the State that in payments from the |
8 | | General Revenue Fund, payments for education and human needs |
9 | | should be prioritized in order to provide for the health, |
10 | | safety and well-being of the people of Illinois. The |
11 | | Comptroller is responsible for implementing this policy. |
12 | | (b) As used in this section: |
13 | | "Education" means services provided for by a school |
14 | | under the jurisdiction of the State Board of Education or |
15 | | an institution of higher education under the jurisdiction |
16 | | of the Board of Higher Education. |
17 | | "Human services" means all services provided for by the |
18 | | following Departments: the Department of Human Services, |
19 | | the Department on Aging, the Department of Healthcare and |
20 | | Family Services, the Department of Children and Family |
21 | | Services, and the Department of Public Health. |
22 | | "Payments for financial services" means payments to |
23 | | financial institutions for processes related to activities |
24 | | of State finance from the General Revenue Fund. "Payments |
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1 | | for financial services" shall not include payments to |
2 | | bondholders; however, it shall include, but not be limited |
3 | | to, payments for net payments on interest rate swap |
4 | | agreements, fees for credit enhancements and re-marketing, |
5 | | and other fees for financial services associated with |
6 | | bonds. |
7 | | (c) If any cash flow deficit resulting from timing |
8 | | variation between disbursement and receipt of funds in the |
9 | | General Revenue Fund is anticipated, the Comptroller's efforts |
10 | | to manage timing variations shall include issuing payments for |
11 | | education and human services before issuing payments for |
12 | | financial services. |
13 | | Section 15. The State Treasurer Act is amended by changing |
14 | | Section 11 as follows:
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15 | | (15 ILCS 505/11) (from Ch. 130, par. 11)
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16 | | Sec. 11.
When any warrant is presented to the State |
17 | | Treasurer to be
countersigned, he shall do so if the warrant is |
18 | | in proper form , and there
are sufficient moneys in the fund to |
19 | | pay the warrant , and the Comptroller certifies that the |
20 | | provisions of Section 9.5 of the State Comptroller Act have |
21 | | been followed . He shall also make a
record of the date and |
22 | | amount of each warrant.
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23 | | Upon request for a wire or electronic transfer of funds |
24 | | pursuant to a
warrant payable from the State treasury, the |