HB2720 EngrossedLRB101 06617 RJF 51644 b

1    AN ACT concerning finance.
 
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
5Section 13.5 as follows:
 
6    (30 ILCS 105/13.5)
7    Sec. 13.5. Appropriations for education.
8    (a) Except for the State fiscal year beginning on July 1,
92009, State appropriations to the State Board of Education, the
10Board of Trustees of Southern Illinois University, the Board of
11Trustees of the University of Illinois, the Board of Trustees
12of Chicago State University, the Board of Trustees of Eastern
13Illinois University, the Board of Trustees of Illinois State
14University, the Board of Trustees of Governors State
15University, the Board of Trustees of Northeastern Illinois
16University, the Board of Trustees of Northern Illinois
17University, and the Board of Trustees of Western Illinois
18University for operations shall identify the amounts
19appropriated for personal services, State contributions to
20social security for Medicare, contractual services, travel,
21commodities, equipment, operation of automotive equipment,
22telecommunications, awards and grants, and permanent
23improvements.

 

 

HB2720 Engrossed- 2 -LRB101 06617 RJF 51644 b

1    (b) Within 150 120 days after the conclusion of each fiscal
2year, each State-supported institution of higher learning must
3provide, through the Illinois Board of Higher Education, a
4financial report to the Governor and General Assembly
5documenting the institution's revenues and expenditures of
6funds for that fiscal year ending June 30 for all funds.
7(Source: P.A. 96-45, eff. 7-15-09.)