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Public Act 096-0511 |
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AN ACT concerning finance.
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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 State Finance Act is amended by changing | ||||
Section 8h as follows: | ||||
(30 ILCS 105/8h)
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Sec. 8h. Transfers to General Revenue Fund. | ||||
(a) Except as otherwise provided in this Section and | ||||
Section 8n of this Act, and
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
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
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
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the Motor Fuel Tax Fund, the Intercity Passenger Rail Fund, the | ||
Hospital Provider Fund, the Medicaid Provider Relief Fund, the | ||
Teacher Health Insurance Security Fund, the Reviewing Court | ||
Alternative Dispute Resolution Fund, the Voters' Guide Fund, | ||
the Foreign Language Interpreter Fund, the Lawyers' Assistance | ||
Program Fund, the Supreme Court Federal Projects Fund, the | ||
Supreme Court Special State Projects Fund, the Supplemental | ||
Low-Income Energy Assistance Fund, the Good Samaritan Energy | ||
Trust Fund, the Low-Level Radioactive Waste Facility | ||
Development and Operation Fund, the Horse Racing Equity Trust | ||
Fund, the Metabolic Screening and Treatment Fund, or the | ||
Hospital Basic Services Preservation Fund, or to any
funds to | ||
which Section 70-50 of the Nurse Practice Act applies. No | ||
transfers may be made under this Section from the Pet | ||
Population Control Fund. 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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(a-5) Transfers directed to be made under this Section on | ||
or before February 28, 2006 that are still pending on May 19, | ||
2006 (the effective date of Public Act 94-774) shall be | ||
redirected as provided in Section 8n of this Act.
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(b) This Section does not apply to: (i) the Ticket For The | ||
Cure Fund; (ii) any fund established under the Community Senior | ||
Services and Resources Act; or (iii) on or after January 1, | ||
2006 (the effective date of Public Act 94-511), the Child Labor | ||
and Day and Temporary Labor Enforcement Fund. | ||
(c) This Section does not apply to the Demutualization | ||
Trust Fund established under the Uniform Disposition of | ||
Unclaimed Property Act.
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(d) This Section does not apply to moneys set aside in the | ||
Illinois State Podiatric Disciplinary Fund for podiatric | ||
scholarships and residency programs under the Podiatric | ||
Scholarship and Residency Act. | ||
(e) Subsection (a) does not apply to, and no transfer may | ||
be made under this Section from, the Pension Stabilization | ||
Fund.
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(f) Subsection (a) does not apply to, and no transfer may | ||
be made under this Section from, the Illinois Power Agency | ||
Operations Fund, the Illinois Power Agency Facilities Fund, the | ||
Illinois Power Agency Debt Service Fund, and the Illinois Power | ||
Agency Trust Fund.
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(g)
This Section does not apply to the Veterans Service | ||
Organization Reimbursement Fund.
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(h)
This Section does not apply to the Supreme Court | ||
Historic Preservation Fund.
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(i) This Section does not apply to, and no transfer may be | ||
made under this Section from, the Money Follows the Person | ||
Budget Transfer Fund. | ||
(j) This Section does not apply to the Illinois Historic | ||
Sites Fund and the Presidential Library and Museum Operating | ||
Fund. | ||
(Source: P.A. 94-91, eff. 7-1-05; 94-120, eff. 7-6-05; 94-511, | ||
eff. 1-1-06; 94-535, eff. 8-10-05; 94-639, eff. 8-22-05; | ||
94-645, eff. 8-22-05; 94-648, eff. 1-1-06; 94-686, eff. | ||
11-2-05; 94-691, eff. 11-2-05; 94-726, eff. 1-20-06; 94-773, |
eff. 5-18-06; 94-774, eff. 5-19-06; 94-804, eff. 5-26-06; | ||
94-839, eff. 6-6-06; 95-331, eff. 8-21-07; 95-410, eff. | ||
8-24-07; 95-481, eff. 8-28-07; 95-629, eff. 9-25-07; 95-639, | ||
eff. 10-5-07; 95-695, eff. 11-5-07; 95-744, eff. 7-18-08; | ||
95-876, eff. 8-21-08.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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