Section 1060.10  Purpose

The State Finance Act requires that transfers among appropriations made to the University of Illinois, Southern Illinois University, Chicago State University, Eastern Illinois University, Governors State University, Illinois State University, Northeastern Illinois University, Northern Illinois University, Western Illinois University, the Illinois Mathematics and Science Academy and the Board of Higher Education require the approval of the Board of Higher Education and the Governor [30 ILCS 105/13.2(d)].  This Part implements the Board's responsibility to approve such transfers.

(Source:  Amended at 31 Ill. Reg. 12580, effective August 16, 2007)