94TH GENERAL ASSEMBLY

State of Illinois

2005 and 2006

HB5694

Introduced 2/17/2006, by Rep. Michael J. Madigan - Gary Hannig - Monique D. Davis

SYNOPSIS AS INTRODUCED:

Makes appropriations to the State Universities Retirement System for the fiscal year beginning July 1, 2006, as follows:

General Revenue Fund             $ 68,772,123

Other State Funds                $186,998,705

Total                            $255,770,828

OMB094 00195 KEM 30195 b

$07 SURS OCE

    AN ACT concerning appropriations.

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

ARTICLE 1

    Section 5.  The sum of $3,706,728, or so much thereof as may be necessary, is appropriated to the Community College Health Insurance Security Fund for the State's contribution, as required by law.

    Section 10.  The sum of $186,998,705, minus the amount transferred to the State Universities Retirement System pursuant to continuing appropriation authorized by the State Pensions Fund Continuing Appropriation Act, is appropriated from the State Pensions Fund to the Board of Trustees of the State Universities Retirement System of Illinois pursuant to the provisions of Section 8.12 of "AN ACT in relation to State finance", approved June 10, 1919, as amended.

    Section 15.  The following amounts, or so much thereof as may be necessary, respectively, are appropriated to the Board of Trustees of the State Universities Retirement System for the State's contribution, as provided by law:

Payable from the Education Assistance Fund...... 65,065,395

Section 99. Effective date. This Act takes effect July 1, 2006.