94TH GENERAL ASSEMBLY

 

State of Illinois

 

2005 and 2006

SB3171

 

Introduced 2/24/2006, by Sen. Christine Radogno

 

SYNOPSIS AS INTRODUCED:

 

Makes appropriations for the ordinary and contingent expenses of the Office of the State Treasurer. Makes further appropriations relating to banking services, estate taxes, bond payments, capital litigation, an Inspector General, and loan collateralization. Effective July 1, 2006.

 

 

LRB094 19766 BDD 56441 b

 

 

 

 

 

$TREAS-OCE

 

 

 


    AN ACT making appropriations.

 

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

 

 

  Section 1.  The following named amounts, or so much of those amounts as may be necessary, respectively, for the objects and purposes named in this Section, are appropriated to the Office of the State Treasurer to meet the ordinary and contingent expenses of the Office of the State Treasurer:

For Personal Services:

  From General Revenue Fund..................... $4,750,300

  From State Pensions Fund....................... 2,565,300

For Employee Retirement Contribution (pickup):

  From General Revenue Fund........................ 190,000

  From State Pensions Fund......................... 102,700

For State Contributions to State

  Employees' Retirement System:

    From General Revenue Fund...................... 547,500

    From State Pensions Fund....................... 295,700

For State Contribution to Social Security:

  From General Revenue Fund........................ 353,400

  From State Pensions Fund......................... 194,100

For Group Insurance:

  From State Pensions Fund......................... 855,500

For Contractual Services:

  From General Revenue Fund...................... 1,016,300

  From State Pensions Fund....................... 3,035,600

For Travel:

  From General Revenue Fund........................ 121,100

  From State Pensions Fund......................... 110,000

For Commodities:

  From General Revenue Fund......................... 47,600

  From State Pensions Fund.......................... 35,400

For Printing:

  From General Revenue Fund......................... 25,900

  From State Pensions Fund.......................... 18,900

For Equipment:

  From General Revenue Fund......................... 56,200

  From State Pensions Fund.......................... 18,900

For Electronic Data Processing:

  From General Revenue Fund........................ 948,000

  From State Pensions Fund....................... 1,019,100

For Telecommunications Services:

  From General Revenue Fund........................ 160,100

  From State Pensions Fund.......................... 63,100

For Operation of Automotive Equipment:

  From General Revenue Fund.......................... 7,600

  From State Pensions Fund........................... 2,700

  Total, This Section                           $16,541,000

 

    Section 2.  The amount of $8,100,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Bank Services Trust Fund for the purpose of making payments to financial institutions for banking services pursuant to the State Treasurer's Bank Services Trust Fund Act.

 

    Section 3.  The amount of $9,000,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the General Revenue Fund for the purpose of making refunds of overpayments of estate tax and accrued interest on those overpayments, if any, and payment of certain statutory costs of assessment.

 

    Section 4.  The amount of $6,000,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the General Revenue Fund for the purpose of making refunds of accrued interest on protested tax cases.

 

    Section 5.  The amount of $27,000,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Transfer Tax Collection Distributive Fund for the purpose of making payments to counties pursuant to Section 13b of the Illinois Estate and Generation-Skipping Transfer Tax Act.

 

    Section 6.  The amount of $500,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Matured Bond and Coupon Fund for payment of matured bonds and interest coupons pursuant to Section 6u of the State Finance Act.

 

    Section 7.  The following named amounts, or so much of those amounts as may be necessary, respectively, for the objects and purposes named in this Section, are appropriated to the State Treasurer for the payment of interest on and retirement of State bonded indebtedness:

  For payment of principal and interest on any and all bonds issued pursuant to the Anti-Pollution Bond Act, the Transportation Bond Act, the Capital Development Bond Act of 1972, the School Construction Bond Act, the Illinois Coal and Energy Development Bond Act, and the General Obligation Bond Act:

From the General Obligation Bond

  Retirement and Interest Fund:

    Principal................................. $568,797,700

    Interest................................. 1,124,301,900

  Total                                      $1,693,099,600

 

    Section 8.  The amount of $450,900, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the State Treasurer's costs to administer the Capital Litigation Trust Fund in accordance with the Capital Crimes Litigation Act.

 

    Section 9. The amount of $2,691,200, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of expenses of the Cook County State's Attorney in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.

 

    Section 10. The amount of $1,625,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of expenses of the Cook County Public Defender in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.

 

    Section 11. The amount of $1,200,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of compensation and expenses of court appointed defense counsel, other than the Cook County Public Defender, in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.

 

    Section 12.  The following named amount of $3,000,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the separate account held by the State Treasurer for payment of compensation  and expenses of court appointed counsel other than Public Defenders incurred in the defense of capital cases in counties other than Cook County in accordance with the Capital Crimes Litigation Act.

 

    Section 13.  The following named amount of $500,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the separate account held by the State Treasurer for payment of expenses of Public Defenders incurred in the defense of capital cases in counties other than Cook County in accordance with the Capital Crimes Litigation Act.

 

    Section 14.  The following named amount of $300,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the State Treasurer for expenses related to an Inspector General position.

 

    Section 15.  The following named amount of $5,000,000, or so much thereof as may be necessary, is appropriated from the Hospital Basic Services Preservation Fund to the State Treasurer to collateralize loans from financial institutions for capital projects as stated in the Hospital Basic Services Preservation Act.

 

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