(415 ILCS 150/85)
(Section scheduled to be repealed on January 1, 2020)
Electronics Recycling Fund.
The Electronics Recycling Fund is created as a special fund in the State treasury. The Agency shall deposit all registration fees received under this Act into the Fund. All amounts held in the Fund shall be invested at interest by the State Treasurer. All income earned from the investments shall be deposited into the Electronics Recycling Fund no less frequently than quarterly. Pursuant to appropriation, all moneys in the Electronics Recycling Fund may be used by the Agency for its administration of this Act and the Consumer Electronics Recycling Act. Any moneys appropriated from the Electronics Recycling Fund, but not obligated, shall revert to the Fund. On July 1, 2018, the Comptroller shall order transferred, and the Treasurer shall transfer, all unexpended moneys in the Electronics Recycling Fund into the Solid Waste Management Fund. On December 31, 2019, the Comptroller shall order transferred, and the Treasurer shall transfer, any remaining balance in the Electronics Recycling Fund into the Solid Waste Management Fund.
(Source: P.A. 100-433, eff. 8-25-17.)