093_HB3228
LRB093 10157 SJM 10410 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 5. The State Treasurer's Bank Services Trust
5 Fund Act is amended by changing Section 10 as follows:
6 (30 ILCS 212/10)
7 Sec. 10. Creation of Fund. There is hereby created in
8 the State treasury a special fund to be known as the State
9 Treasurer's Bank Services Trust Fund. Moneys deposited into
10 in the Fund shall be used by the State Treasurer to pay the
11 cost of the following banking services: processing of
12 payments of taxes, fees, and other moneys due the State;
13 transactional charges related to the investment or
14 safekeeping of funds under the Treasurer's control; and the
15 cost of paying bondholders under the State's general
16 obligation bond program.
17 (Source: P.A. 89-153, eff. 7-14-95.)