Illinois General Assembly - Full Text of SB0448
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Full Text of SB0448  96th General Assembly

SB0448enr 96TH GENERAL ASSEMBLY



 


 
SB0448 Enrolled LRB096 06467 RCE 16551 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 changing
5 Section 8.47 as follows:
 
6     (30 ILCS 105/8.47)
7     Sec. 8.47. Reversal of transfers; limitation on transfers
8 from certain funds.
9     (a) (Blank). Notwithstanding any State law to the contrary,
10 on the effective date of this amendatory Act of the 96th
11 General Assembly, the State Comptroller and the State Treasurer
12 shall re-transfer from the FY09 Budget Relief Fund to each of
13 the following funds any amounts transferred from those funds to
14 the FY09 Budget Relief Fund under subsection (b) or (c) of
15 Section 8.46 prior to the effective date of this amendatory Act
16 of the 96th General Assembly:
17         (1) Fish and Wildlife Endowment Fund;
18         (2) Illinois Habitat Fund;
19         (3) State Migratory Waterfowl Stamp Fund;
20         (4) State Pheasant Fund;
21         (5) Wildlife and Fish Fund; and
22         (6) Illinois Habitat Endowment Trust Fund.
23     (b) The transfers directed under subsection (a) of this

 

 

SB0448 Enrolled - 2 - LRB096 06467 RCE 16551 b

1 Section were made under Public Act 95-1030, and it is not the
2 intent of the General Assembly to duplicate those transfers.
3     (c) No On and after the effective date of this amendatory
4 Act of the 96th General Assembly, no further transfers shall be
5 made from the funds listed in items (1) through (6) of
6 subsection (b) of this Section 8.48 of this Act to the FY09
7 Budget Relief Fund pursuant to subsection (b) or (c) of Section
8 8.46.
9 (Source: P.A. 96-160, eff. 8-10-09.)
 
10     Section 99. Effective date. This Act takes effect upon
11 becoming law.