(30 ILCS 105/6z-9) (from Ch. 127, par. 142z-9)
Sec. 6z-9. (a) The Build Illinois Fund is created in the State Treasury. All tax revenues and other moneys from whatever source which by law are
required to be deposited in the Build Illinois Fund shall be paid into the
Build Illinois Fund upon their collection, payment or other receipt as
provided by law, including the pledge set forth in Section 12 of the Build
Illinois Bond Act. All tax revenues and other moneys paid into the Build
Illinois Fund shall be promptly invested by the State Treasurer in
accordance with law, and all interest or other earnings accruing or
received thereon shall be credited to and paid into the Build Illinois
Fund. No tax revenues or other moneys, interest or earnings paid into the
Build Illinois Fund shall be transferred or allocated by the Comptroller or
Treasurer to any other fund, nor shall the Governor authorize any such
transfer or allocation, nor shall any tax revenues or other moneys,
interest or earnings paid into the Build Illinois Fund be used, temporarily
or otherwise, for interfund borrowing, or be otherwise used or appropriated,
except as expressly authorized and provided in Section 8.25 of this Act
for the sole purposes and subject to the priorities, limitations and conditions
prescribed therein.
(b) The tax revenues and other moneys shall be paid into the Build Illinois
Fund pursuant to Section 6z-17 of this Act, Section 28 of the Illinois
Horse Racing Act of 1975, Section 9 of the Use Tax Act, Section 9 of the
Service Use Tax Act, Section 9 of the Service Occupation Tax
Act, Section 3 of the Retailers' Occupation Tax Act, Section 4.05 of the Chicago World's Fair - 1992
Authority Act, and Sections 3 and 6 of the Hotel Operators'
Occupation Tax Act.
(Source: P.A. 100-201, eff. 8-18-17.)
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