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Public Act 094-0535
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| SB0635 Enrolled |
LRB094 04359 RCE 34388 b |
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois, |
represented in the General Assembly:
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Section 5. The State Finance Act is amended by changing |
Section 8h and by adding Sections 5.640 and 6z-68 as follows:
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(30 ILCS 105/5.640 new)
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Sec. 5.640. The Intercity Passenger Rail Fund.
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(30 ILCS 105/6z-68 new) |
Sec. 6z-68. The Intercity Passenger Rail Fund. |
(a) The Intercity Passenger Rail Fund is created as a |
special fund in the State treasury. Moneys in the Fund may be |
used by the Department of Transportation, subject to |
appropriation, for the operation of intercity passenger rail |
services in the State through Amtrak or its successor. |
Moneys received for the purposes of this Section, |
including, without limitation, income tax checkoff receipts |
and gifts, grants, and awards from any public or private |
entity, must be deposited into the Fund. Any interest earned on |
moneys in the Fund must be deposited into the Fund. |
(b) At least one month before the beginning of each fiscal |
year, the chief operating officer of Amtrak or its successor |
must certify to the State Treasurer the number of Amtrak |
tickets sold at the State rate during that current fiscal year. |
On the first day of that next fiscal year, or as soon |
thereafter as practical, the State Treasurer must transfer, |
from the General Revenue Fund to the Intercity Passenger Rail |
Fund, an amount equal to the tickets certified by the chief |
operating officer of Amtrak multiplied by $50.
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(30 ILCS 105/8h)
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Sec. 8h. Transfers to General Revenue Fund. |
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(a) Except as provided in subsection (b), 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
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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
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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, or the Reviewing Court Alternative |
Dispute Resolution Fund, or to any
funds to which subsection |
(f) of Section 20-40 of the Nursing and Advanced Practice |
Nursing Act applies. 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 |
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Systems Trust Fund, the Wireless Service Emergency Fund, or the |
Mandatory Arbitration Fund.
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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.
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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.
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(b) This Section does not apply to any fund established |
under the Community Senior Services and Resources Act.
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(Source: P.A. 93-32, eff. 6-20-03; 93-659, eff. 2-3-04; 93-674, |
eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04; |
93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff. |
1-15-05.)
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Section 99. Effective date. This Act takes effect upon |
becoming law. |