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91_HB1506
LRB9104778KSmg
1 AN ACT to amend the State Finance Act by changing Section
2 5g.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The State Finance Act is amended by changing
6 Section 5g as follows:
7 (30 ILCS 105/5g) (from Ch. 127, par. 141g)
8 Sec. 5g. (a) After July 1, 1991, the General Assembly
9 shall direct the transfer from the General Revenue Fund to
10 the Road Fund of the sum of $36,000,000, or so much thereof
11 as may be necessary, so that after the such transfer the
12 total expenditures for the fiscal year beginning July 1, 1990
13 for the Division of State Troopers from the Road Fund do not
14 exceed the amount appropriated in fiscal year 1990 for the
15 Division of State Troopers. Such transfers shall be
16 completed no later than June 30, 1992.
17 (b) If the General Assembly has not completed the
18 transfers required under subsection (a) of this Section on or
19 before June 30, 1992, and if the General Revenue Fund balance
20 is $250 million or greater on June 30, 1992 or June 30th of
21 any year thereafter, on July 1 of the fiscal year immediately
22 following the fiscal year which has a June 30th balance of
23 $250 million or greater, the Comptroller shall order the
24 transfer and the Treasurer shall transfer from the General
25 Revenue Fund to the Road Fund one-twelfth of the amount
26 remaining to be transferred on July 15, 1992, with such
27 transfers continuing on the first of each month thereafter
28 until the total transfers required to be made by this Section
29 have been completed.
30 (Source: P.A. 86-1159; 87-860.)