093_SB1404eng
SB1404 Engrossed LRB093 07764 JAM 07953 b
1 AN ACT concerning the State Comptroller.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Comptroller Act is amended by
5 changing Section 9.01 as follows:
6 (15 ILCS 405/9.01) (from Ch. 15, par. 209.01)
7 Sec. 9.01. Transfer of money. The Comptroller, with
8 the approval of the State Treasurer, may provide by rule and
9 regulation for the transfer of moneys held by the State
10 Treasurer, whether in or outside the public treasury. Such
11 transfer may be within the same fund or between funds and may
12 be made without the use of the voucher-warrant system.
13 However, documentation of approval of the transfer by the
14 Comptroller, and the Treasurer shall be retained by the
15 Comptroller. The Comptroller, under this Section, shall make
16 a transfer only where the transaction is otherwise pursuant
17 to law and authorized. As used in this Section, a "transfer"
18 is limited to a transaction involving only a State agency or
19 between State agencies exclusively.
20 (Source: P.A. 81-737.)