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92_HB0721
LRB9204964MWdv
1 AN ACT concerning State funds.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Finance Act is amended by adding
5 Section 4.2 as follows:
6 (30 ILCS 105/4.2 new)
7 Sec. 4.2. New general funds defined. "New general funds"
8 means those funds available for spending from estimated
9 growth in revenues and funds available because of budgeted
10 program growth and decline in the fiscal year for which the
11 appropriation is being made, excluding annual State
12 contributions to the Teachers' Retirement System of the State
13 of Illinois, the Public School Teachers' Pension and
14 Retirement Fund of Chicago, and the State Universities
15 Retirement System.