102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1239

 

Introduced 2/17/2021, by Rep. Emanuel Chris Welch

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/5g  from Ch. 127, par. 141g

    Amends the State Finance Act. Makes a technical change in a Section concerning the transfer of Road Fund money.


LRB102 03254 RJF 13267 b

 

 

A BILL FOR

 

HB1239LRB102 03254 RJF 13267 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 5g as follows:
 
6    (30 ILCS 105/5g)  (from Ch. 127, par. 141g)
7    Sec. 5g. (a) After July 1, 1991, the the General Assembly
8shall direct the transfer from the General Revenue Fund to the
9Road Fund of the sum of $36,000,000, or so much thereof as may
10be necessary, so that after such transfer the total
11expenditures for the fiscal year beginning July 1, 1990 for
12the Division of State Troopers from the Road Fund do not exceed
13the amount appropriated in fiscal year 1990 for the Division
14of State Troopers. Such transfers shall be completed no later
15than June 30, 1992.
16    (b) If the General Assembly has not completed the
17transfers required under subsection (a) of this Section on or
18before June 30, 1992, and if the General Revenue Fund balance
19is $250 million or greater on June 30, 1992 or June 30th of any
20year thereafter, on July 1 of the fiscal year immediately
21following the fiscal year which has a June 30th balance of $250
22million or greater, the Comptroller shall order the transfer
23and the Treasurer shall transfer from the General Revenue Fund

 

 

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1to the Road Fund one-twelfth of the amount remaining to be
2transferred on July 15, 1992, with such transfers continuing
3on the first of each month thereafter until the total
4transfers required to be made by this Section have been
5completed.
6(Source: P.A. 86-1159; 87-860.)