Full Text of SB2125 94th General Assembly
SB2125 94TH GENERAL ASSEMBLY
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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 SB2125
Introduced 10/19/2005, by Sen. Martin A. Sandoval SYNOPSIS AS INTRODUCED: |
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Amends the State Finance Act. Exempts the Illinois Veterans' Rehabilitation Fund from the Act's administrative charge-back provisions. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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SB2125 |
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LRB094 12914 BDD 47762 b |
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| AN ACT concerning finance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The State Finance Act is amended by changing | 5 |
| Section 8h as follows: | 6 |
| (30 ILCS 105/8h)
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| Sec. 8h. Transfers to General Revenue Fund. | 8 |
| (a) Except as provided in subsection (b), notwithstanding | 9 |
| any other
State law to the contrary, the Governor
may, through | 10 |
| June 30, 2007, from time to time direct the State Treasurer and | 11 |
| Comptroller to transfer
a specified sum from any fund held by | 12 |
| the State Treasurer to the General
Revenue Fund in order to | 13 |
| help defray the State's operating costs for the
fiscal year. | 14 |
| The total transfer under this Section from any fund in any
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| fiscal year shall not exceed the lesser of (i) 8% of the | 16 |
| revenues to be deposited
into the fund during that fiscal year | 17 |
| or (ii) an amount that leaves a remaining fund balance of 25% | 18 |
| of the July 1 fund balance of that fiscal year. In fiscal year | 19 |
| 2005 only, prior to calculating the July 1, 2004 final | 20 |
| balances, the Governor may calculate and direct the State | 21 |
| Treasurer with the Comptroller to transfer additional amounts | 22 |
| determined by applying the formula authorized in Public Act | 23 |
| 93-839 to the funds balances on July 1, 2003.
No transfer may | 24 |
| be made from a fund under this Section that would have the
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| effect of reducing the available balance in the fund to an | 26 |
| amount less than
the amount remaining unexpended and unreserved | 27 |
| from the total appropriation
from that fund estimated to be | 28 |
| expended for that fiscal year. This Section does not apply to | 29 |
| any
funds that are restricted by federal law to a specific use, | 30 |
| to any funds in
the Motor Fuel Tax Fund, the Hospital Provider | 31 |
| Fund, the Medicaid Provider Relief Fund, the Illinois Veterans' | 32 |
| Rehabilitation Fund, or the Reviewing Court Alternative |
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SB2125 |
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LRB094 12914 BDD 47762 b |
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| Dispute Resolution Fund, or to any
funds to which subsection | 2 |
| (f) of Section 20-40 of the Nursing and Advanced Practice | 3 |
| Nursing Act applies. Notwithstanding any
other provision of | 4 |
| this Section, for fiscal year 2004,
the total transfer under | 5 |
| this Section from the Road Fund or the State
Construction | 6 |
| Account Fund shall not exceed the lesser of (i) 5% of the | 7 |
| revenues to be deposited
into the fund during that fiscal year | 8 |
| or (ii) 25% of the beginning balance in the fund.
For fiscal | 9 |
| year 2005 through fiscal year 2007, no amounts may be | 10 |
| transferred under this Section from the Road Fund, the State | 11 |
| Construction Account Fund, the Criminal Justice Information | 12 |
| Systems Trust Fund, the Wireless Service Emergency Fund, or the | 13 |
| Mandatory Arbitration Fund.
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| In determining the available balance in a fund, the | 15 |
| Governor
may include receipts, transfers into the fund, and | 16 |
| other
resources anticipated to be available in the fund in that | 17 |
| fiscal year.
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| The State Treasurer and Comptroller shall transfer the | 19 |
| amounts designated
under this Section as soon as may be | 20 |
| practicable after receiving the direction
to transfer from the | 21 |
| Governor.
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| (b) This Section does not apply to any fund established | 23 |
| under the Community Senior Services and Resources Act.
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| (Source: P.A. 93-32, eff. 6-20-03; 93-659, eff. 2-3-04; 93-674, | 25 |
| eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04; | 26 |
| 93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff. | 27 |
| 1-15-05.)
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| Section 99. Effective date. This Act takes effect upon | 29 |
| becoming law.
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