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Public Act 098-0909 | ||||
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AN ACT concerning finance.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The State Treasurer's Bank Services Trust Fund | ||||
Act is amended by changing Section 10 as follows:
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(30 ILCS 212/10)
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Sec. 10. Creation of Fund. There is hereby created in the | ||||
State
treasury a special fund to be known as the State | ||||
Treasurer's Bank Services
Trust Fund. Moneys deposited in the | ||||
Fund shall be used by the
State
Treasurer to pay the cost of | ||||
the following banking services: processing
of payments of | ||||
taxes, fees, and other moneys due the State; transactional , | ||||
technological, consultant, and legal service charges related | ||||
to the investment or safekeeping of funds under the Treasurer's
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control; and the cost of paying bondholders and legal services | ||||
under the State's general
obligation bond program.
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(Source: P.A. 89-153, eff. 7-14-95.)
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Section 99. Effective date. This Act takes effect upon | ||||
becoming law.
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