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Public Act 094-0535 |
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois, | ||||
represented in the General Assembly:
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Section 5. The State Finance Act is amended by changing | ||||
Section 8h and by adding Sections 5.640 and 6z-68 as follows: | ||||
(30 ILCS 105/5.640 new)
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Sec. 5.640. The Intercity Passenger Rail Fund.
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(30 ILCS 105/6z-68 new) | ||||
Sec. 6z-68. The Intercity Passenger Rail Fund. | ||||
(a) The Intercity Passenger Rail Fund is created as a | ||||
special fund in the State treasury. Moneys in the Fund may be | ||||
used by the Department of Transportation, subject to | ||||
appropriation, for the operation of intercity passenger rail | ||||
services in the State through Amtrak or its successor. | ||||
Moneys received for the purposes of this Section, | ||||
including, without limitation, income tax checkoff receipts | ||||
and gifts, grants, and awards from any public or private | ||||
entity, must be deposited into the Fund. Any interest earned on | ||||
moneys in the Fund must be deposited into the Fund. | ||||
(b) At least one month before the beginning of each fiscal | ||||
year, the chief operating officer of Amtrak or its successor | ||||
must certify to the State Treasurer the number of Amtrak | ||||
tickets sold at the State rate during that current fiscal year. | ||||
On the first day of that next fiscal year, or as soon | ||||
thereafter as practical, the State Treasurer must transfer, | ||||
from the General Revenue Fund to the Intercity Passenger Rail | ||||
Fund, an amount equal to the tickets certified by the chief | ||||
operating officer of Amtrak multiplied by $50. | ||||
(30 ILCS 105/8h)
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Sec. 8h. Transfers to General Revenue Fund. |
(a) Except as provided in subsection (b), notwithstanding | ||
any other
State law to the contrary, the Governor
may, through | ||
June 30, 2007, from time to time direct the State Treasurer and | ||
Comptroller to transfer
a specified sum from any fund held by | ||
the State Treasurer to the General
Revenue Fund in order to | ||
help defray the State's operating costs for the
fiscal year. | ||
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 | ||
revenues to be deposited
into the fund during that fiscal year | ||
or (ii) an amount that leaves a remaining fund balance of 25% | ||
of the July 1 fund balance of that fiscal year. In fiscal year | ||
2005 only, prior to calculating the July 1, 2004 final | ||
balances, the Governor may calculate and direct the State | ||
Treasurer with the Comptroller to transfer additional amounts | ||
determined by applying the formula authorized in Public Act | ||
93-839 to the funds balances on July 1, 2003.
No transfer may | ||
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 | ||
amount less than
the amount remaining unexpended and unreserved | ||
from the total appropriation
from that fund estimated to be | ||
expended for that fiscal year. This Section does not apply to | ||
any
funds that are restricted by federal law to a specific use, | ||
to any funds in
the Motor Fuel Tax Fund, the Intercity | ||
Passenger Rail Fund, the Hospital Provider Fund, the Medicaid | ||
Provider Relief Fund, or the Reviewing Court Alternative | ||
Dispute Resolution Fund, or to any
funds to which subsection | ||
(f) of Section 20-40 of the Nursing and Advanced Practice | ||
Nursing Act applies. Notwithstanding any
other provision of | ||
this Section, for fiscal year 2004,
the total transfer under | ||
this Section from the Road Fund or the State
Construction | ||
Account Fund shall not exceed the lesser of (i) 5% of the | ||
revenues to be deposited
into the fund during that fiscal year | ||
or (ii) 25% of the beginning balance in the fund.
For fiscal | ||
year 2005 through fiscal year 2007, no amounts may be | ||
transferred under this Section from the Road Fund, the State | ||
Construction Account Fund, the Criminal Justice Information |
Systems Trust Fund, the Wireless Service Emergency Fund, or the | ||
Mandatory Arbitration Fund.
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In determining the available balance in a fund, the | ||
Governor
may include receipts, transfers into the fund, and | ||
other
resources anticipated to be available in the fund in that | ||
fiscal year.
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The State Treasurer and Comptroller shall transfer the | ||
amounts designated
under this Section as soon as may be | ||
practicable after receiving the direction
to transfer from the | ||
Governor.
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(b) This Section does not apply to any fund established | ||
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, | ||
eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04; | ||
93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff. | ||
1-15-05.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law. |