96TH GENERAL ASSEMBLY
State of Illinois
SB3921
Introduced 3/11/2010, by Sen. John M. Sullivan - Donne E. Trotter
SYNOPSIS AS INTRODUCED:
Makes appropriations for the ordinary and contingent expenses of the Office of the State Treasurer. Makes further appropriations relating to banking services, estate taxes, bond payments, capital litigation, an Inspector General, loan collateralization, and arbitrage rebate payments. Effective July 1, 2010.
LRB096 21343 RCE 37435 b
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AN ACT making appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
Section 5. The following named amounts, or so much of those amounts as may be necessary, respectively, for the objects and purposes named in this Section, are appropriated to the Office of the State Treasurer to meet the ordinary and contingent expenses of the Office of the State Treasurer:
For Personal Services:
From General Revenue Fund..................... $5,125,700
From State Pensions Fund....................... 2,647,430
For Employee Retirement Contribution (pickup):
From General Revenue Fund........................ 140,150
From State Pensions Fund.......................... 69,200
For State Contributions to State
Employees' Retirement System:
From State Pensions Fund....................... 800,900
For State Contribution to Social Security:
From General Revenue Fund........................ 399,200
From State Pensions Fund......................... 241,400
For Group Insurance:
From State Pensions Fund......................... 826,800
For Contractual Services:
From General Revenue Fund........................ 913,520
From State Pensions Fund....................... 2,556,000
For Travel:
From General Revenue Fund........................ 123,100
From State Pensions Fund.......................... 56,400
For Commodities:
From General Revenue Fund......................... 77,800
From State Pensions Fund.......................... 32,100
For Printing:
From General Revenue Fund......................... 28,500
From State Pensions Fund.......................... 15,000
For Equipment:
From General Revenue Fund......................... 14,100
From State Pensions Fund.......................... 30,600
For Electronic Data Processing:
From General Revenue Fund...................... 1,266,700
From State Pensions Fund....................... 1,211,700
For Telecommunications Services:
From General Revenue Fund........................ 140,300
From State Pensions Fund.......................... 50,700
For Operation of Automotive Equipment:
From General Revenue Fund.......................... 8,900
From State Pensions Fund........................... 5,700
Total, This Section $16,781,900
Section 10. The amount of $8,100,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Bank Services Trust Fund for the purpose of making payments to financial institutions for banking services pursuant to the State Treasurer's Bank Services Trust Fund Act.
Section 15. The amount of $42,794,400, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the General Revenue Fund for the purpose of making refunds of overpayments of estate tax and accrued interest on those overpayments, if any, and payment of certain statutory costs of assessment.
Section 20. The amount of $11,124,600, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the General Revenue Fund for the purpose of making refunds of accrued interest on protested tax cases.
Section 25. The amount of $27,000,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Transfer Tax Collection Distributive Fund for the purpose of making payments to counties pursuant to Section 13b of the Illinois Estate and Generation-Skipping Transfer Tax Act.
Section 30. The amount of $500,000, or so much of that amount as may be necessary, is appropriated to the State Treasurer from the Matured Bond and Coupon Fund for payment of matured bonds and interest coupons pursuant to Section 6u of the State Finance Act.
Section 35. The following named amounts, or so much of those amounts as may be necessary, respectively, for the objects and purposes named in this Section, are appropriated to the State Treasurer for the payment of interest on and retirement of State bonded indebtedness:
For payment of principal and interest on any and all bonds issued pursuant to the Anti-Pollution Bond Act, the Transportation Bond Act, the Capital Development Bond Act of 1972, the School Construction Bond Act, the Illinois Coal and Energy Development Bond Act, and the General Obligation Bond Act:
From the General Obligation Bond
Retirement and Interest Fund:
Principal................................. $616,820,030
Interest................................. 1,039,973,948
Total $1,656,793,978
Section 37. The amount of $500,000, or so much thereof as may be necessary, is appropriated to the State Treasurer from the General Obligation Bond Rebate Fund for the purpose of making arbitrage rebate payments to the U.S. government.
Section 40. The amount of $450,900, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the State Treasurer's costs to administer the Capital Litigation Trust Fund in accordance with the Capital Crimes Litigation Act.
Section 45. The amount of $2,941,200, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of expenses of the Cook County State's Attorney in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.
Section 50. The amount of $2,750,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of expenses of the Cook County Public Defender in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.
Section 55. The amount of $2,000,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for a block grant to the Cook County Treasurer for the separate account for payment of compensation and expenses of court appointed defense counsel, other than the Cook County Public Defender, in capital cases in Cook County in accordance with the Capital Crimes Litigation Act.
Section 60. The following named amount of $3,500,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the separate account held by the State Treasurer for payment of compensation and expenses of court appointed counsel other than Public Defenders incurred in the defense of capital cases in counties other than Cook County in accordance with the Capital Crimes Litigation Act.
Section 65. The following named amount of $500,000, or so much thereof as may be necessary, is appropriated from the Capital Litigation Trust Fund to the State Treasurer for the separate account held by the State Treasurer for payment of expenses of Public Defenders incurred in the defense of capital cases in counties other than Cook County in accordance with the Capital Crimes Litigation Act.
Section 70. The following named amount of $300,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the State Treasurer for expenses related to an Inspector General position.
Section 75. The following named amount of $5,000,000, or so much thereof as may be necessary, is appropriated from the Hospital Basic Services Preservation Fund to the State Treasurer to collateralize loans from financial institutions for capital projects as stated in the Hospital Basic Services Preservation Act.
Section 99. Effective date. This Act takes effect July 1, 2010.