Illinois General Assembly - Full Text of Public Act 096-0954
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Public Act 096-0954


 

Public Act 0954 96TH GENERAL ASSEMBLY



 


 
Public Act 096-0954
 
SB2101 Enrolled LRB096 11443 MJR 21918 b

    AN ACT concerning State government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The State Finance Act is amended by adding
Section 6z-11.5 as follows:
 
    (30 ILCS 105/6z-11.5 new)
    Sec. 6z-11.5. Transfers to Illinois Department of
Financial and Professional Regulation funds. On and after July
1, 2010 and through June 30, 2011, the Illinois Department of
Financial and Professional Regulation may transfer moneys on
deposit in the Illinois Bank Examiners' Education Fund to funds
subject to the authority of the Illinois Department of
Financial and Professional Regulation. The aggregate amount of
funds transferred from the Fund shall not exceed $4,200,000,
which is the projected fiscal year 2011 deficiency of funds
required to satisfy expenditures properly supported by
appropriations from the Savings and Residential Finance
Regulatory Fund.
 
    Section 99. Effective date. This Act takes effect July 1,
2010.

Effective Date: 07/01/2010