SB0182 Engrossed LRB095 05337 RCE 25420 b

1     AN ACT concerning finance.
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4     Section 5. The State Finance Act is amended by adding
5 Sections 6z-69 and 5.675 as follows:
6     (30 ILCS 105/5.675 new)
7     Sec. 5.675. The Minority Film Support Fund.
8     (30 ILCS 105/6z-69 new)
9     Sec. 6z-69. Minority Film Support Fund. There is created in
10 the State treasury the Minority Film Support Fund. The Minority
11 Film Support Fund shall be a non-appropriated fund that is held
12 by the State Treasurer separate and apart from other State
13 funds. The Fund shall be administered by the State Treasurer to
14 help collateralize loans from financial institutions to
15 minority film makers producing films or building or maintaining
16 minority film and television studios in the State of Illinois
17 when those films or studios would not otherwise meet the
18 institutions' credit standards. The Fund shall consist of all
19 public and private moneys donated or transferred to the Fund
20 consistent with the Fund's purpose. Any moneys received by the
21 State Treasurer for the Fund shall be deposited into the Fund
22 by the State Treasurer.