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| Public Act 095-0522 |
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AN ACT concerning the Adeline Jay Geo-Karis Illinois Beach | ||||
Marina.
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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 Department of Natural Resources Act is | ||||
amended by adding Section 1-40 as follows: | ||||
(20 ILCS 801/1-40 new)
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Sec. 1-40. Adeline Jay Geo-Karis Illinois Beach Marina; | ||||
maintenance. The Department shall formulate and implement a | ||||
10-year program for the maintenance and reconstruction of the | ||||
Adeline Jay Geo-Karis Illinois Beach Marina. The program shall | ||||
be in place no later than January 1, 2008, and shall be known | ||||
as the Adeline Jay Geo-Karis Illinois Beach Marina Program.
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Section 10. The State Finance Act is amended by changing | ||||
Section 8.25c as follows:
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(30 ILCS 105/8.25c) (from Ch. 127, par. 144.25c)
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Sec. 8.25c. (a) Beginning in fiscal year 1991 and | ||||
continuing through the
third quarter of fiscal year 1993, the | ||||
State Comptroller shall order
transferred and the State | ||||
Treasurer shall transfer from the Illinois Beach
Marina Fund | ||||
(now known as the Adeline Jay Geo-Karis Illinois Beach Marina | ||||
Fund) to the General Revenue Fund 50% of the revenue deposited | ||
into the
Illinois Beach Marina Fund. Beginning in the fourth | ||
quarter of fiscal year
1993 and thereafter until the
sum of | ||
$31,200,000 is paid to the General Revenue Fund, the State
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Comptroller shall order transferred and the State Treasurer | ||
shall transfer
from the Adeline Jay Geo-Karis Illinois Beach | ||
Marina Fund (formerly known as the Illinois Beach Marina Fund)
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to the General Revenue Fund 35%
25% of the
first $2,000,000 of | ||
revenue deposited into the Adeline Jay Geo-Karis Illinois Beach | ||
Marina Fund (formerly known as the Illinois Beach Marina Fund)
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in
any fiscal year, and 75% of the revenue deposited into the | ||
Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly | ||
known as the Illinois Beach
Marina Fund) in excess of | ||
$2,000,000 in any fiscal year; however, such
transfers shall | ||
not exceed
$2,000,000 in any fiscal year. In addition,
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beginning in fiscal year 1991 and thereafter until the sum of | ||
$8,000,000
is paid to the State Boating Act Fund the State | ||
Comptroller shall order
transferred and the State Treasurer | ||
shall transfer from the Adeline Jay Geo-Karis Illinois Beach | ||
Marina Fund (formerly known as the Illinois Beach
Marina Fund)
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to the State Boating Act Fund 15% of the revenue deposited into
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the Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly | ||
known as the Illinois Beach Marina Fund). Beginning in fiscal | ||
year 1992, the
transfers from the Adeline Jay Geo-Karis | ||
Illinois Beach Marina Fund (formerly known as the Illinois | ||
Beach Marina Fund) to the State Boating Act Fund
shall be made | ||
only at the direction of and in the amount authorized by the
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Department of Natural Resources. Moneys transferred under
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authorization of this
Section to the State Boating Act Fund in | ||
fiscal year 1992 before the
effective date of this amendatory | ||
Act of 1991 may be transferred to the
Illinois Beach Marina | ||
Fund (now known as the Adeline Jay Geo-Karis Illinois Beach | ||
Marina Fund) at the direction of the Department of Natural
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Resources. The transfers required under this Section
shall be | ||
made within 30 days after the end of each quarter based on the
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State Comptroller's record of receipts for the quarter. The | ||
initial
transfers shall be made within 30 days after June 30, | ||
1990 based on
revenues received in the preceding quarter. | ||
Additional transfers in
excess of the limits established under | ||
this Section may be authorized by
the Department of Natural | ||
Resources for accelerated
payback of the amount due.
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(b) The Department may, subject to appropriations by the | ||
General Assembly,
use monies in the Adeline Jay Geo-Karis | ||
Illinois Beach Marina Fund (formerly known as the Illinois | ||
Beach Marina Fund) to pay for operation,
maintenance, repairs, | ||
or improvements to the marina project; provided,
however, that | ||
payment of the amounts due under the terms of subsection (a)
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shall have priority on all monies deposited in this Fund.
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(c) Monies on deposit in excess of that needed for payments | ||
to the
General Revenue Fund and the State Boating Fund and in | ||
excess of those
monies needed for the operation, maintenance, | ||
repairs, or improvements to
the Adeline Jay Geo-Karis Illinois | ||
Beach Marina as determined by the Department of Natural
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Resources may be transferred at the discretion of the
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Department to the State Parks Fund.
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(Source: P.A. 94-1042, eff. 7-24-06.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law. | ||