Rep. Brandon W. Phelps

Filed: 2/24/2011

 

 


 

 


 
09700HB1347ham001LRB097 05370 PJG 51416 a

1
AMENDMENT TO HOUSE BILL 1347

2    AMENDMENT NO. ______. Amend House Bill 1347 as follows:
 
3on page 5, immediately below line 6, by inserting the
4following:
 
5    "(p) This Section does not apply to the Downstate Transit
6Improvement Fund."; and
 
7on page 5, line 15, by replacing "Section 2-3" with "Sections
82-3 and 2-15"; and
 
9on page 9, immediately below line 16, by inserting the
10following:
 
11    "(30 ILCS 740/2-15)  (from Ch. 111 2/3, par. 675.1)
12    Sec. 2-15. Except as otherwise provided in this Section,
13all funds which remain in the Downstate Public Transportation

 

 

09700HB1347ham001- 2 -LRB097 05370 PJG 51416 a

1Fund or the Metro-East Public Transportation Fund after the
2payment of the fourth quarterly payment to participants other
3than Metro-East Transit District participants and the last
4monthly payment to Metro-East Transit participants in each
5fiscal year shall be transferred (i) to the General Revenue
6Fund through fiscal year 2008 and (ii) to the Downstate Transit
7Improvement Fund for fiscal year 2009 and each fiscal year
8thereafter. Transfers shall be made no later than 90 days
9following the end of such fiscal year. Beginning fiscal year
102010, all moneys each year in the Downstate Transit Improvement
11Fund, held solely for the benefit of the participants in the
12Downstate Public Transportation Fund and shall be appropriated
13to the Department to make competitive capital grants to the
14participants of the respective funds. However, such amount as
15the Department determines to be necessary for (1) allocation to
16participants for the purposes of Section 2-7 for the first
17quarter of the succeeding fiscal year and (2) an amount equal
18to 2% of the total allocations to participants in the fiscal
19year just ended to be used for the purpose of audit adjustments
20shall be retained in such Funds to be used by the Department
21for such purposes.
22    On and after the effective date of this amendatory Act of
23the 97th General Assembly, the Downstate Transit Improvement
24Fund is not subject to sweeps, administrative charge-backs,
25including but not limited to those authorized under Section 8h
26of the State Finance Act, or any other fiscal or budgetary

 

 

09700HB1347ham001- 3 -LRB097 05370 PJG 51416 a

1maneuver that would in any way transfer any amounts from the
2Downstate Transit Improvement Fund into any other fund of the
3State unless specifically authorized by law.
4(Source: P.A. 95-708, eff. 1-18-08.)".