Illinois General Assembly - Illinois Compiled Statutes

Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

30 ILCS 105/6z-39

(30 ILCS 105/6z-39)

Sec. 6z-39. Federal Financing Cost Reimbursement Fund.

The
Governor's Office of Management and Budget
						
						shall be the State coordinator and representative with the United
States
Department of the Treasury for purposes of implementing the federal Cash
Management Improvement Act of 1990.

The
Governor's Office of Management and Budget shall: negotiate Treasury-State agreements; develop
and file annual reports; establish the net State liability; determine State
agency shares of the net State liability; direct State agencies to pay or
transfer moneys into the Federal Financing Cost Reimbursement Fund; and
initiate payments of the net State liability to the U.S. Treasury out of the
Federal Financing Cost Reimbursement Fund.  Agencies shall make payments or
transfers to the Federal Financing Cost Reimbursement Fund as directed by the
Governor's Office of Management and Budget and shall otherwise cooperate with the
Governor's Office of Management and Budget to implement the federal Cash Management Improvement Act of 1990.

(Source: P.A. 94-793, eff. 5-19-06.)