101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB1549

 

Introduced 2/15/2019, by Sen. Donald P. DeWitte

 

SYNOPSIS AS INTRODUCED:
 
New Act
30 ILCS 105/5.891 new

    Creates the Bill Backlog Payment Act. Provides that the proceeds from any tax or fee that (i) is enacted on or after the effective date of the Act and (ii) did not exist in this State prior to the effective date of the Act shall be deposited into the Bill Backlog Payment Fund. Provides that moneys in the Fund shall be used to pay pending vouchers approved for payment by the Office of the Comptroller that are more than 90-days past due as of the last day of each fiscal year. Provides for transfers of excess funds from the Bill Backlog Payment Fund to the General Revenue Fund. Amends the State Finance Act to create the Fund.


LRB101 09898 HLH 55000 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB1549LRB101 09898 HLH 55000 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the Bill
5Backlog Payment Act.
 
6    Section 5. New tax or fee.
7    Notwithstanding any other provision of law, the proceeds
8from any tax or fee that (i) is enacted on or after the
9effective date of this Act and (ii) did not exist in this State
10prior to the effective date of this Act shall be deposited into
11the Bill Backlog Payment Fund, a special fund created in the
12State treasury. Moneys in the Bill Backlog Payment Fund shall
13be used to pay pending vouchers approved for payment by the
14Office of the Comptroller that are more than 90-days past due
15as of the last day of each fiscal year. If, at the end of the
16lapse period for each fiscal year, the balance remaining in the
17Bill Backlog Payment Fund exceeds the amount required for
18payment of those past-due vouchers, the excess balance shall be
19transferred from the Bill Backlog Payment Fund to the General
20Revenue Fund.
 
21    Section 900. The State Finance Act is amended by adding
22Section 5.891 as follows:
 

 

 

SB1549- 2 -LRB101 09898 HLH 55000 b

1    (30 ILCS 105/5.891 new)
2    Sec. 5.891. The Bill Backlog Payment Fund.