HB4960 97TH GENERAL ASSEMBLY

LRB097 20007 HLH 65311 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB4960

Introduced 2/3/2012, by Rep. Frank J. Mautino

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.811 new
30 ILCS 105/5.812 new
30 ILCS 105/6z-93 new
30 ILCS 105/6z-94 new

Amends the State Finance Act. Creates the 21st Century Schools Fund as a special fund in the State treasury. Provides that moneys in the Fund shall be appropriated for the purposes of bringing Illinois schools into the 21st century. Creates the Drinking and Wastewater Fund as a special fund in the State treasury. Provides that moneys in the Fund shall be appropriated for the purposes of clean and safe drinking water and wastewater projects. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

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 adding Sections 5.811, 5.812, 6z-93, and 6z-94 as follows:

(30 ILCS 105/5.811 new)

Sec. 5.811. 21st Century Schools Fund.

(30 ILCS 105/5.812 new)

Sec. 5.812. Drinking and Wastewater Fund.

(30 ILCS 105/6z-93 new)

Sec. 6z-93. 21st Century Schools Fund; creation. The 21st Century Schools Fund is created as a special fund in the State treasury. Moneys in the Fund shall be appropriated for the purpose of bringing Illinois schools into the 21st century.

(30 ILCS 105/6z-94 new)

Sec. 6z-94. Drinking and Wastewater Fund; creation. The Drinking and Wastewater Fund is created as a special fund in the State treasury. Moneys in the Fund shall be appropriated for the purpose of clean and safe drinking water and wastewater projects.

Section 99. Effective date. This Act takes effect upon becoming law.