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30 ILCS 105/8.25e
(30 ILCS 105/8.25e) (from Ch. 127, par. 144.25e)
Sec. 8.25e.
(a) The State Comptroller and the State Treasurer shall
automatically transfer on the first day of each month, beginning on
February 1, 1988, from the General Revenue Fund to each of the funds then
supplemented by the pari-mutuel tax pursuant to Section 28 of the Illinois
Horse Racing Act of 1975, an amount equal to (i) the amount of pari-mutuel
tax deposited into such fund during the month in fiscal
year 1986 which corresponds to the month preceding such transfer, minus
(ii) the amount of pari-mutuel tax (or the replacement transfer authorized
by subsection (d) of Section 8g of this Act and subsection (d) of Section 28.1 of the Illinois Horse Racing Act of
1975) deposited into such fund during the
month preceding such transfer; provided, however, that no transfer shall
be made to a fund if such amount for that fund is equal to or less than
zero and provided that no transfer shall be made to a fund in any fiscal
year after the amount deposited into such fund exceeds the amount of
pari-mutuel tax deposited into such fund during fiscal year 1986.
(b) The State Comptroller and the State Treasurer shall automatically
transfer on the last day of each month, beginning on October 1, 1989 and ending on June 30, 2017, from
the General Revenue Fund to the Metropolitan Exposition, Auditorium and
Office Building Fund, the amount of $2,750,000 plus any cumulative
deficiencies in such transfers for prior months, until the sum of
$16,500,000 has been transferred for the fiscal year beginning July 1, 1989
and until the sum of $22,000,000 has been transferred for each fiscal year
thereafter.
(b-5) The State Comptroller and the State Treasurer shall automatically transfer on the last day of each month, beginning on July 1, 2017, from the General Revenue Fund to the Metropolitan Exposition, Auditorium and Office Building Fund, the amount of $1,500,000 plus any cumulative deficiencies in such transfers for prior months, until the sum of $12,000,000 has been transferred for each fiscal year thereafter through fiscal year 2021, after which no such transfers shall be made. (c) After the transfer of funds from the Metropolitan Exposition,
Auditorium and Office Building Fund to the Bond Retirement Fund pursuant to subsection (b) of Section 15
of the Metropolitan Civic Center Support Act, the State
Comptroller and the State Treasurer shall automatically transfer on the
last day of each month, beginning on October 1, 1989 and ending on June 30, 2017, from the Metropolitan
Exposition, Auditorium and Office Building Fund
to the Park and Conservation Fund the amount of $1,250,000 plus any
cumulative deficiencies in such transfers for prior months, until the sum
of $7,500,000 has been transferred for the fiscal year beginning July 1,
1989 and until the sum of $10,000,000 has been transferred for each fiscal
year thereafter.
(Source: P.A. 102-16, eff. 6-17-21.)
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