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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HB6286 Introduced 2/11/2016, by Rep. Elaine Nekritz SYNOPSIS AS INTRODUCED: |
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Amends the State Finance Act. Re-creates the Comprehensive Regional Planning Fund. Provides a continuing appropriation of $5,000,000 adjusted for inflation from the General Revenue Fund to the Fund. Directs the Department of Transportation to annually distribute moneys received in the Fund without appropriation according to a specified formula. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB6286 | | LRB099 19602 MRW 43997 b |
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1 | | AN ACT concerning finance.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The State Finance Act is amended by changing |
5 | | Section 6z-69 as follows: |
6 | | (30 ILCS 105/6z-69) |
7 | | Sec. 6z-69. Comprehensive Regional Planning Fund. |
8 | | (a) As soon as possible after July 1, 2016 2007 , and on |
9 | | each July 1 thereafter until July 1, 2010 , the State Treasurer |
10 | | shall transfer $5,000,000 from the General Revenue Fund to the |
11 | | Comprehensive Regional Planning Fund. Beginning in 2017, the |
12 | | amount of $5,000,000 shall annually be increased by the annual |
13 | | unadjusted percentage increase (but not less than zero) of the |
14 | | Consumer Price Index for All Urban Consumers published by the |
15 | | United States Department of Labor (United States city average, |
16 | | all items, 1982-84 = 100) as reported on January 1 of that |
17 | | year. If for any reason the aggregate appropriations made |
18 | | available are insufficient to meet the total amount of transfer |
19 | | required by this subsection, this subsection shall constitute a |
20 | | continuing appropriation of all amounts necessary for these |
21 | | purposes. The General Assembly may appropriate lesser amounts |
22 | | by law. |
23 | | (b) The Subject to appropriation, the Illinois Department |