Illinois Compiled Statutes
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30 ILCS 330/13
(30 ILCS 330/13)
(from Ch. 127, par. 663)
Appropriation of proceeds from sale of Bonds.
(a) At all times, the proceeds from the sale of Bonds issued pursuant
to this Act are subject to appropriation by the General Assembly and,
except as provided in Sections 7.2, 7.6, and 7.7, may be obligated or expended only
with the written approval of the Governor, in such amounts, at such times,
and for such purposes as the respective
State agencies, as defined in Section 1-7 of the Illinois State Auditing
Act, as amended, deem necessary or desirable for the specific purposes
contemplated in Sections 2 through 8 of this Act. Notwithstanding any other provision of this Act, proceeds from the sale of Bonds issued pursuant to this Act appropriated by the General Assembly to the Architect of the Capitol may be obligated or expended by the Architect of the Capitol without the written approval of the Governor.
(b) Proceeds from the sale of Bonds for the purpose of development of
coal and alternative forms of energy shall be expended in such amounts and
at such times as the Department of Commerce and Economic Opportunity, with the
advice and recommendation of the Illinois Coal Development Board for coal
development projects, may deem necessary and desirable for the specific
purpose contemplated by Section 7 of this Act. In considering the approval
of projects to be funded, the Department of Commerce and
Economic Opportunity shall give
consideration to projects designed to remove sulfur and other pollutants in
the preparation and utilization of coal, and in the use and operation of
electric utility generating plants and industrial facilities which utilize
Illinois coal as their primary source of fuel.
(c) Except as directed in subsection (c-1) or (c-2), any monies received by any officer or employee of the state
representing a reimbursement of expenditures previously paid from general
obligation bond proceeds shall be deposited into the General Obligation
Bond Retirement and Interest Fund authorized in Section 14 of this Act.
(c-1) Any money received by the Department of Transportation as reimbursement for expenditures for high speed rail purposes pursuant to appropriations from the Transportation Bond, Series B Fund for (i) CREATE (Chicago Region Environmental and Transportation Efficiency), (ii) High Speed Rail, or (iii) AMTRAK projects authorized by the federal government under the provisions of the American Recovery and Reinvestment Act of 2009 or the Safe Accountable Flexible Efficient Transportation Equity Act-A Legacy for Users (SAFETEA-LU), or any successor federal transportation authorization Act, shall be deposited into the Federal High Speed Rail Trust Fund.
(c-2) Any money received by the Department of Transportation as reimbursement for expenditures for transit capital purposes pursuant to appropriations from the Transportation Bond, Series B Fund for projects authorized by the federal government under the provisions of the American Recovery and Reinvestment Act of 2009 or the Safe Accountable Flexible Efficient Transportation Equity Act-A Legacy for Users (SAFETEA-LU), or any successor federal transportation authorization Act, shall be deposited into the Federal Mass Transit Trust Fund.
(Source: P.A. 100-23, eff. 7-6-17; 100-587, eff. 6-4-18.)