093_SB1069enr

 
SB1069 Enrolled                      LRB093 10917 BDD 11447 b

 1        AN ACT concerning finance.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 3.  The Military Code of Illinois is  amended  by
 5    changing Section 22-9 as follows:

 6        (20 ILCS 1805/22-9)
 7        Sec.  22-9.  Power  to  make  grants  from  the  Illinois
 8    Military  Family  Relief  Fund. Subject to appropriation, the
 9    Department of Military Affairs shall have the power  to  make
10    grants  from  the  Illinois  Military  Family  Relief Fund, a
11    special fund created in the State treasury,  to  families  of
12    persons  who  are  members  of the Illinois National Guard or
13    Illinois residents who are members of  the  reserves  of  the
14    armed forces of the United States and who have been called to
15    active  duty  as a result of the September 11, 2001 terrorist
16    attacks. The Department of Military Affairs  shall  establish
17    eligibility criteria for the grants by rule.
18        In  addition  to  amounts transferred into the Fund under
19    Section 510  of  the  Illinois  Income  Tax  Act,  the  State
20    Treasurer  shall  accept and deposit into the Fund all gifts,
21    grants, transfers, appropriations, and other amounts from any
22    legal source, public or  private,  that  are  designated  for
23    deposit into the Fund.
24    (Source: P.A. 92-886, eff. 2-7-03.)

25        Section  5.  the  State  Finance Act is amended by adding
26    Section 8h as follows:

27        (30 ILCS 105/8h new)
28        Sec. 8h.  Transfers between the Communications  Revolving
29    Fund  and the Illinois Military Family Relief Fund. The State
 
SB1069 Enrolled            -2-       LRB093 10917 BDD 11447 b
 1    Comptroller shall order transferred and the  Treasurer  shall
 2    transfer,  on  March  31,  2003  or  as  soon  as practicable
 3    thereafter, the amount of $300,000  from  the  Communications
 4    Revolving  Fund  to the Illinois Military Family Relief Fund.
 5    Beginning on July 1, 2004, the State Comptroller shall  order
 6    transferred and the Treasurer shall transfer, on the last day
 7    of each month, an amount equal to 50% of that day's beginning
 8    balance  in the Illinois Military Family Relief Fund from the
 9    Illinois Military Family Relief Fund  to  the  Communications
10    Revolving  Fund.  These  transfers  shall  continue until the
11    cumulative total of  transfers  executed  from  the  Illinois
12    Military  Family  Relief Fund to the Communications Revolving
13    Fund equals $300,000.

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