Public Act 096-0450
Public Act 0450 96TH GENERAL ASSEMBLY
|
Public Act 096-0450 |
HB0808 Enrolled |
LRB096 06032 RCE 16114 b |
|
| AN ACT concerning finance.
| Be it enacted by the People of the State of Illinois,
| represented in the General Assembly:
| Section 5. The State Finance Act is amended by changing | Section 8h as follows: | (30 ILCS 105/8h)
| Sec. 8h. Transfers to General Revenue Fund. | (a) Except as otherwise provided in this Section and | Section 8n of this Act, and
notwithstanding any other
State law | to the contrary, the Governor
may, through June 30, 2007, from | time to time direct the State Treasurer and Comptroller to | transfer
a specified sum from any fund held by the State | Treasurer to the General
Revenue Fund in order to help defray | the State's operating costs for the
fiscal year. The total | transfer under this Section from any fund in any
fiscal year | shall not exceed the lesser of (i) 8% of the revenues to be | deposited
into the fund during that fiscal year or (ii) an | amount that leaves a remaining fund balance of 25% of the July | 1 fund balance of that fiscal year. In fiscal year 2005 only, | prior to calculating the July 1, 2004 final balances, the | Governor may calculate and direct the State Treasurer with the | Comptroller to transfer additional amounts determined by | applying the formula authorized in Public Act 93-839 to the |
| funds balances on July 1, 2003.
No transfer may be made from a | fund under this Section that would have the
effect of reducing | the available balance in the fund to an amount less than
the | amount remaining unexpended and unreserved from the total | appropriation
from that fund estimated to be expended for that | fiscal year. This Section does not apply to any
funds that are | restricted by federal law to a specific use, to any funds in
| the Motor Fuel Tax Fund, the Intercity Passenger Rail Fund, the | Hospital Provider Fund, the Medicaid Provider Relief Fund, the | Teacher Health Insurance Security Fund, the Reviewing Court | Alternative Dispute Resolution Fund, the Voters' Guide Fund, | the Foreign Language Interpreter Fund, the Lawyers' Assistance | Program Fund, the Supreme Court Federal Projects Fund, the | Supreme Court Special State Projects Fund, the Supplemental | Low-Income Energy Assistance Fund, the Good Samaritan Energy | Trust Fund, the Low-Level Radioactive Waste Facility | Development and Operation Fund, the Horse Racing Equity Trust | Fund, the Metabolic Screening and Treatment Fund, or the | Hospital Basic Services Preservation Fund, or to any
funds to | which Section 70-50 of the Nurse Practice Act applies. No | transfers may be made under this Section from the Pet | Population Control Fund. Notwithstanding any
other provision | of this Section, for fiscal year 2004,
the total transfer under | this Section from the Road Fund or the State
Construction | Account Fund shall not exceed the lesser of (i) 5% of the | revenues to be deposited
into the fund during that fiscal year |
| or (ii) 25% of the beginning balance in the fund.
For fiscal | year 2005 through fiscal year 2007, no amounts may be | transferred under this Section from the Road Fund, the State | Construction Account Fund, the Criminal Justice Information | Systems Trust Fund, the Wireless Service Emergency Fund, or the | Mandatory Arbitration Fund.
| In determining the available balance in a fund, the | Governor
may include receipts, transfers into the fund, and | other
resources anticipated to be available in the fund in that | fiscal year.
| The State Treasurer and Comptroller shall transfer the | amounts designated
under this Section as soon as may be | practicable after receiving the direction
to transfer from the | Governor.
| (a-5) Transfers directed to be made under this Section on | or before February 28, 2006 that are still pending on May 19, | 2006 (the effective date of Public Act 94-774) shall be | redirected as provided in Section 8n of this Act.
| (b) This Section does not apply to: (i) the Ticket For The | Cure Fund; (ii) any fund established under the Community Senior | Services and Resources Act; or (iii) on or after January 1, | 2006 (the effective date of Public Act 94-511), the Child Labor | and Day and Temporary Labor Enforcement Fund. | (c) This Section does not apply to the Demutualization | Trust Fund established under the Uniform Disposition of | Unclaimed Property Act.
|
| (d) This Section does not apply to moneys set aside in the | Illinois State Podiatric Disciplinary Fund for podiatric | scholarships and residency programs under the Podiatric | Scholarship and Residency Act. | (e) Subsection (a) does not apply to, and no transfer may | be made under this Section from, the Pension Stabilization | Fund.
| (f) Subsection (a) does not apply to, and no transfer may | be made under this Section from, the Illinois Power Agency | Operations Fund, the Illinois Power Agency Facilities Fund, the | Illinois Power Agency Debt Service Fund, and the Illinois Power | Agency Trust Fund.
| (g)
This Section does not apply to the Veterans Service | Organization Reimbursement Fund.
| (h)
This Section does not apply to the Supreme Court | Historic Preservation Fund.
| (i) This Section does not apply to, and no transfer may be | made under this Section from, the Money Follows the Person | Budget Transfer Fund. | (j) This Section does not apply to the Domestic Violence | Shelter and Service Fund.
| (Source: P.A. 94-91, eff. 7-1-05; 94-120, eff. 7-6-05; 94-511, | eff. 1-1-06; 94-535, eff. 8-10-05; 94-639, eff. 8-22-05; | 94-645, eff. 8-22-05; 94-648, eff. 1-1-06; 94-686, eff. | 11-2-05; 94-691, eff. 11-2-05; 94-726, eff. 1-20-06; 94-773, | eff. 5-18-06; 94-774, eff. 5-19-06; 94-804, eff. 5-26-06; |
| 94-839, eff. 6-6-06; 95-331, eff. 8-21-07; 95-410, eff. | 8-24-07; 95-481, eff. 8-28-07; 95-629, eff. 9-25-07; 95-639, | eff. 10-5-07; 95-695, eff. 11-5-07; 95-744, eff. 7-18-08; | 95-876, eff. 8-21-08.)
| Section 99. Effective date. This Act takes effect upon | becoming law.
|
Effective Date: 8/14/2009
|