102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1260

 

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

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 237/5

    Amends the Accountability for the Investment of Public Funds Act. Makes a technical change in a Section concerning definitions.


LRB102 03275 RJF 13288 b

 

 

A BILL FOR

 

HB1260LRB102 03275 RJF 13288 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 Accountability for the Investment of Public
5Funds Act is amended by changing Section 5 as follows:
 
6    (30 ILCS 237/5)
7    Sec. 5. Definitions. As used in this Act:
8    "Public funds" means current operating funds, special
9funds, interest and and sinking funds, and funds of any kind or
10character belonging to or in the custody of any State agency.
11    "State agency" means those entities included in the
12definition of "State agencies" in the Illinois State Auditing
13Act.
14(Source: P.A. 93-499, eff. 1-1-04.)