Full Text of HB3830 93rd General Assembly
HB3830eng 93RD GENERAL ASSEMBLY
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HB3830 Engrossed |
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LRB093 12599 SJM 18364 b |
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| AN ACT concerning State finance.
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| Be it enacted by the People of the State of Illinois, | 3 |
| represented in the General Assembly:
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| Section 5. The State Finance Act is amended by changing
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| Sections 8h, as added by Public Act 93-32, and 8j as follows:
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| (30 ILCS 105/8h)
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| Sec. 8h. Transfers to General Revenue Fund. | 8 |
| Notwithstanding any other
State law to the contrary, the | 9 |
| Director of the
Governor's Office of Management and Budget
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| Bureau of the Budget
may from time to time direct the State | 11 |
| Treasurer and Comptroller to transfer
a specified sum from any | 12 |
| fund held by the State Treasurer to the General
Revenue Fund in | 13 |
| order to help defray the State's operating costs for the
fiscal | 14 |
| year. The total transfer under this Section from any fund in | 15 |
| any
fiscal year shall not exceed the lesser of 8% of the | 16 |
| revenues to be deposited
into the fund during that year or 25% | 17 |
| of the beginning balance in the fund.
No transfer may be made | 18 |
| from a fund under this Section that would have the
effect of | 19 |
| reducing the available balance in the fund to an amount less | 20 |
| than
the amount remaining unexpended and unreserved from the | 21 |
| total appropriation
from that fund for that fiscal year. This | 22 |
| Section does not apply to any
funds that are restricted by | 23 |
| federal law to a specific use or to any funds in
the Motor Fuel | 24 |
| Tax Fund. Notwithstanding any other provision of this Section,
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| the total transfer under this Section from the Road Fund or the | 26 |
| State
Construction Account Fund shall not exceed 5% of the | 27 |
| revenues to be deposited
into the fund during that year.
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| In determining the available balance in a fund, the | 29 |
| Director of the
Governor's Office of Management and Budget
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| Bureau of the Budget
may include receipts, transfers into the | 31 |
| fund, and other
resources anticipated to be available in the | 32 |
| fund in that fiscal year.
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HB3830 Engrossed |
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LRB093 12599 SJM 18364 b |
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| The State Treasurer and Comptroller shall transfer the | 2 |
| amounts designated
under this Section as soon as may be | 3 |
| practicable after receiving the direction
to transfer from the | 4 |
| Director of the Governor's Office of Management and
Budget
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| Bureau of the Budget .
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| If the Director of the Governor's Office of Management and | 7 |
| Budget directs
the
State Treasurer and the Comptroller to | 8 |
| transfer moneys into the General Revenue
Fund
under this | 9 |
| Section, he or she shall notify
the Illinois
Economic and | 10 |
| Fiscal Commission of the direction to transfer the moneys and | 11 |
| the
amount
directed to be transferred.
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| (Source: P.A. 93-32, eff. 6-20-03; revised 8-21-03.)
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| (30 ILCS 105/8j)
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| Sec. 8j. Allocation and transfer of fee receipts to General | 15 |
| Revenue Fund.
If and only if any one or more of Senate Bills | 16 |
| 774, 841, 842, and 1903 of
the 93rd General Assembly become | 17 |
| law, Notwithstanding any other law to the
contrary, additional | 18 |
| amounts generated by the new and increased fees created
or | 19 |
| authorized by Public Acts 93-22, 93-23, 93-24, and 93-32
these | 20 |
| amendatory Acts of the 93rd General Assembly this amendatory Act | 21 |
| of the 93rd General Assembly and by Senate Bill 774,
Senate | 22 |
| Bill 841, and Senate Bill 842 of the 93rd General Assembly, if | 23 |
| those
bills become law, shall be allocated between the fund | 24 |
| otherwise entitled to
receive the fee and the General Revenue | 25 |
| Fund by the Governor's Office of
Management and Budget
Bureau | 26 |
| of the Budget . In determining the amount of
the allocation to | 27 |
| the General Revenue Fund, the Director of the Governor's
Office | 28 |
| of Management and Budget
Bureau of the Budget shall calculate
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| whether the available resources in the fund are sufficient to | 30 |
| satisfy the
unexpended and unreserved appropriations from the | 31 |
| fund for the fiscal year.
In calculating the available | 32 |
| resources in a fund, the Director of the
Governor's Office of | 33 |
| Management and Budget
Bureau of the Budget may
include | 34 |
| receipts, transfers into the fund, and other resources | 35 |
| anticipated to
be available in the fund in that fiscal year.
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HB3830 Engrossed |
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LRB093 12599 SJM 18364 b |
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| Upon determining the amount of an allocation to the General | 2 |
| Revenue Fund
under this Section, the Director of the Governor's | 3 |
| Office of Management
and Budget
Bureau of the Budget may direct | 4 |
| the State Treasurer and
Comptroller to transfer the amount of | 5 |
| that allocation from the fund in which
the fee amounts have | 6 |
| been deposited to the General Revenue Fund; provided,
however, | 7 |
| that the Director shall not direct the transfer of any amount | 8 |
| that
would have the effect of reducing the available resources | 9 |
| in the fund to an
amount less than the amount remaining | 10 |
| unexpended and unreserved from the total
appropriation from | 11 |
| that fund for that fiscal year.
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| The State Treasurer and Comptroller shall transfer the | 13 |
| amounts designated
under this Section as soon as may be | 14 |
| practicable after receiving the direction
to transfer from the | 15 |
| Director of the Governor's Office of Management and
Budget
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| Bureau of the Budget .
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| If the Director of the Governor's Office of Management and | 18 |
| Budget directs
the
State Treasurer and the Comptroller to | 19 |
| transfer moneys into the General Revenue
Fund
under this | 20 |
| Section, he or she shall notify
the Illinois
Economic and | 21 |
| Fiscal Commission of the direction to transfer the moneys and | 22 |
| the
amount
directed to be transferred.
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| (Source: P.A. 93-25, eff. 6-20-03; 93-32, eff. 6-20-03; revised | 24 |
| 8-21-03.)
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| Section 99. Effective date. This Act takes effect upon | 26 |
| becoming law.
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