Illinois General Assembly - Illinois Compiled Statutes

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325 ILCS 20/20

(325 ILCS 20/20)

Sec. 20.

Early Intervention Services Revolving Fund.

There is created a
revolving fund to be known as the Early Intervention Services Revolving Fund,
to be held by the lead agency.

The Early Intervention Services Revolving Fund shall be used to the extent
determined necessary by the lead agency to pay for early intervention services.

Local Accounts for such purposes may be established by the lead agency.

Expenditures from the Early Intervention Services Revolving Fund shall be
made in accordance with applicable program provisions and shall be limited to
those purposes and amounts specified under applicable program guidelines.
Funding of the Fund shall be from family fees, insurance company payments,
federal financial participation received as reimbursement for expenditures from
the Fund, and appropriations made to the State agencies involved in the
payment for early intervention services under this Act.

Disbursements from the Early Intervention Services Revolving Fund shall be
made as determined by the lead agency or its designee.  Funds in the Early
Intervention Services Revolving Fund or the local accounts created under this
Section that are not immediately required for expenditure may be invested in
certificates of deposit or other interest bearing accounts.
Any interest earned shall be deposited in the Early
Intervention Services Revolving Fund.

(Source: P.A. 89-106, eff. 7-7-95; 89-499, eff. 6-28-96.)