Rep. Richard P. Myers

Filed: 4/12/2005

 

 


 

 


 
09400HB3335ham001 LRB094 07862 BDD 45075 a

1
AMENDMENT TO HOUSE BILL 3335

2     AMENDMENT NO. ______. Amend House Bill 3335 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The State Finance Act is amended by changing
5 Section 8h and by adding Sections 5.640 and 6z-68 as follows:
 
6     (30 ILCS 105/5.640 new)
7     Sec. 5.640. The Intercity Passenger Rail Fund.
 
8     (30 ILCS 105/6z-68 new)
9     Sec. 6z-68. The Intercity Passenger Rail Fund.
10     (a) The Intercity Passenger Rail Fund is created as a
11 special fund in the State treasury. Moneys in the Fund may be
12 used by the Department of Transportation, subject to
13 appropriation, for the operation of intercity passenger rail
14 services in the State.
15     Moneys received for the purposes of this Section,
16 including, without limitation, income tax checkoff receipts
17 and gifts, grants, and awards from any public or private
18 entity, must be deposited into the Fund. Any interest earned on
19 moneys in the Fund must be deposited into the Fund.
20     (b) At least one month before the beginning of each fiscal
21 year, the Director of Amtrak or its successor agency must
22 certify to the State Treasurer the number of Amtrak tickets
23 sold at the State rate during that current fiscal year.

 

 

09400HB3335ham001 - 2 - LRB094 07862 BDD 45075 a

1     On the first day of that next fiscal year, or as soon
2 thereafter as practical, the State Treasurer must transfer,
3 from the General Revenue Fund to the Intercity Passenger Rail
4 Fund, an amount equal to the tickets certified by the Director
5 of Amtrak multiplied by $50.
 
6     (30 ILCS 105/8h)
7     Sec. 8h. Transfers to General Revenue Fund.
8     (a) Except as provided in subsection (b), notwithstanding
9 any other State law to the contrary, the Governor may, through
10 June 30, 2007, from time to time direct the State Treasurer and
11 Comptroller to transfer a specified sum from any fund held by
12 the State Treasurer to the General Revenue Fund in order to
13 help defray the State's operating costs for the fiscal year.
14 The total transfer under this Section from any fund in any
15 fiscal year shall not exceed the lesser of (i) 8% of the
16 revenues to be deposited into the fund during that fiscal year
17 or (ii) an amount that leaves a remaining fund balance of 25%
18 of the July 1 fund balance of that fiscal year. In fiscal year
19 2005 only, prior to calculating the July 1, 2004 final
20 balances, the Governor may calculate and direct the State
21 Treasurer with the Comptroller to transfer additional amounts
22 determined by applying the formula authorized in Public Act
23 93-839 to the funds balances on July 1, 2003. No transfer may
24 be made from a fund under this Section that would have the
25 effect of reducing the available balance in the fund to an
26 amount less than the amount remaining unexpended and unreserved
27 from the total appropriation from that fund estimated to be
28 expended for that fiscal year. This Section does not apply to
29 any funds that are restricted by federal law to a specific use,
30 to any funds in the Motor Fuel Tax Fund, the Intercity
31 Passenger Rail Fund, the Hospital Provider Fund, the Medicaid
32 Provider Relief Fund, or the Reviewing Court Alternative
33 Dispute Resolution Fund, or to any funds to which subsection

 

 

09400HB3335ham001 - 3 - LRB094 07862 BDD 45075 a

1 (f) of Section 20-40 of the Nursing and Advanced Practice
2 Nursing Act applies. Notwithstanding any other provision of
3 this Section, for fiscal year 2004, the total transfer under
4 this Section from the Road Fund or the State Construction
5 Account Fund shall not exceed the lesser of (i) 5% of the
6 revenues to be deposited into the fund during that fiscal year
7 or (ii) 25% of the beginning balance in the fund. For fiscal
8 year 2005 through fiscal year 2007, no amounts may be
9 transferred under this Section from the Road Fund, the State
10 Construction Account Fund, the Criminal Justice Information
11 Systems Trust Fund, the Wireless Service Emergency Fund, or the
12 Mandatory Arbitration Fund.
13     In determining the available balance in a fund, the
14 Governor may include receipts, transfers into the fund, and
15 other resources anticipated to be available in the fund in that
16 fiscal year.
17     The State Treasurer and Comptroller shall transfer the
18 amounts designated under this Section as soon as may be
19 practicable after receiving the direction to transfer from the
20 Governor.
21     (b) This Section does not apply to any fund established
22 under the Community Senior Services and Resources Act.
23 (Source: P.A. 93-32, eff. 6-20-03; 93-659, eff. 2-3-04; 93-674,
24 eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04;
25 93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff.
26 1-15-05.)".
 
27     Section 99. Effective date. This Act takes effect upon
28 becoming law.".