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(30 ILCS 105/8g) Sec. 8g. Fund transfers. (a) (Blank). (b) (Blank). (c) In addition to any other transfers that may be provided for by law,
on August 30 of each fiscal year's license period, the Illinois Liquor Control
Commission shall direct and the State Comptroller and State Treasurer shall
transfer from the General Revenue Fund to the Youth Alcoholism and Substance
Abuse Prevention Fund an amount equal to the number of retail liquor licenses
issued for that fiscal year multiplied by $50. (d) The payments to programs required under subsection (d) of Section 28.1
of the Illinois Horse Racing Act of 1975 shall be made, pursuant to appropriation, from
the special funds referred to in the statutes cited in that subsection, rather
than directly from the General Revenue Fund. Beginning January 1, 2000, on the first day of each month, or as soon
as may be practical thereafter, the State Comptroller shall direct and the
State Treasurer shall transfer from the General Revenue Fund to each of the
special funds from which payments are to be made under subsection (d) of Section 28.1 of the Illinois
Horse Racing Act of 1975 an amount equal to 1/12 of the annual amount required
for those payments from that special fund, which annual amount shall not exceed
the annual amount for those payments from that special fund for the calendar
year 1998. The special funds to which transfers shall be made under this
subsection (d) include, but are not necessarily limited to, the Agricultural
Premium Fund; the Metropolitan Exposition, Auditorium and Office Building Fund, but only through fiscal year 2021 and not thereafter;
the Fair and Exposition Fund; the Illinois Standardbred Breeders Fund; the Illinois Thoroughbred
Breeders Fund; and the Illinois Veterans' Rehabilitation Fund. Except for transfers attributable to prior fiscal years, during State fiscal year 2020 only, no transfers shall be made from the General Revenue Fund to the Agricultural Premium Fund, the Fair and Exposition Fund, the Illinois Standardbred Breeders Fund, or the Illinois Thoroughbred Breeders Fund. (Source: P.A. 101-10, eff. 6-5-19; 102-16, eff. 6-17-21; 102-558, eff. 8-20-21.) |
