Illinois General Assembly - Bill Status for HB3418
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 Bill Status of HB3418  94th General Assembly


Short Description:  GRF TRANSFERS

House Sponsors
Rep. Terry R. Parke

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/8h
30 ILCS 105/8j


Synopsis As Introduced
Amends the State Finance Act. Provides that the Governor may, through June 30, 2005 (now, June 30, 2007), 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. Provides that no transfers may be made in this manner after June 30, 2005. On January 1, 2006, or as soon as may be practical after than date, the State Treasurer and the Comptroller shall reverse all transfers previously made under this authority unless the General Assembly has specifically authorized the transfers prior to that date. Places the same restrictions and requires the same reverse transfers with respect to the allocation and transfer of amounts generated by certain new and increased fees. Effective immediately.

Actions 
DateChamber Action
  2/22/2005HouseFiled with the Clerk by Rep. Terry R. Parke
  2/22/2005HouseFirst Reading
  2/22/2005HouseReferred to Rules Committee
  2/24/2005HouseAssigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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