(30 ILCS 105/8d) (from Ch. 127, par. 144d)
Sec. 8d.
Transfers between the Solid Waste Management Fund and the
General Revenue Fund. As soon as may be practicable after August 1, 1986,
the State Comptroller shall order transferred and the Treasurer shall
transfer from the General Revenue Fund to the Solid Waste Management Fund
the amount of $1,250,000. On April 15, 1987 and on the 15th day of each
month thereafter, the Comptroller shall order transferred and the Treasurer
shall transfer from the Solid Waste Management Fund to the General Revenue
Fund the lesser of $500,000 or an amount equal to 50% of the money
deposited into the Solid Waste Management Fund during the previous month.
Once the cumulative amount transferred from the Solid Waste Management Fund
to the General Revenue Fund reaches $1,250,000 such transfers shall cease.
In addition to any other permitted use of moneys in the Fund, and
notwithstanding any restriction on the use of the Fund, moneys in the
Solid Waste Management Fund may be transferred to the General Revenue Fund
as authorized by Public Act 87-14. The General Assembly finds that an
excess of moneys existed in the Fund on July 30, 1991, and the Governor's
order of July 30, 1991, requesting the Comptroller and Treasurer to
transfer an amount from the Fund to the General Revenue Fund is hereby
validated.
(Source: P.A. 90-372, eff. 7-1-98.)
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