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Public Act 094-0726 |
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 3. The State Finance Act is amended by changing | ||||
Section 8h as follows: | ||||
(30 ILCS 105/8h)
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Sec. 8h. Transfers to General Revenue Fund. | ||||
(a) Except as provided in subsection (b), notwithstanding | ||||
any other
State law to the contrary, the Governor
may, through | ||||
June 30, 2007, from time to time direct the State Treasurer and | ||||
Comptroller to transfer
a specified sum from any fund held by | ||||
the State Treasurer to the General
Revenue Fund in order to | ||||
help defray the State's operating costs for the
fiscal year. | ||||
The total transfer under this Section from any fund in any
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fiscal year shall not exceed the lesser of (i) 8% of the | ||||
revenues to be deposited
into the fund during that fiscal year | ||||
or (ii) an amount that leaves a remaining fund balance of 25% | ||||
of the July 1 fund balance of that fiscal year. In fiscal year | ||||
2005 only, prior to calculating the July 1, 2004 final | ||||
balances, the Governor may calculate and direct the State | ||||
Treasurer with the Comptroller to transfer additional amounts | ||||
determined by applying the formula authorized in Public Act | ||||
93-839 to the funds balances on July 1, 2003.
No transfer may | ||||
be made from a fund under this Section that would have the
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effect of reducing the available balance in the fund to an | ||||
amount less than
the amount remaining unexpended and unreserved | ||||
from the total appropriation
from that fund estimated to be | ||||
expended for that fiscal year. This Section does not apply to | ||||
any
funds that are restricted by federal law to a specific use, | ||||
to any funds in
the Motor Fuel Tax Fund, the Hospital Provider | ||||
Fund, the Medicaid Provider Relief Fund, or the Reviewing Court | ||||
Alternative Dispute Resolution Fund, or to any
funds to which |
subsection (f) of Section 20-40 of the Nursing and Advanced | ||
Practice Nursing Act applies. Notwithstanding any
other | ||
provision of this Section, for fiscal year 2004,
the total | ||
transfer under this Section from the Road Fund or the State
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Construction Account Fund shall not exceed the lesser of (i) 5% | ||
of the revenues to be deposited
into the fund during that | ||
fiscal year or (ii) 25% of the beginning balance in the fund.
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For fiscal year 2005 through fiscal year 2007, no amounts may | ||
be transferred under this Section from the Road Fund, the State | ||
Construction Account Fund, the Criminal Justice Information | ||
Systems Trust Fund, the Wireless Service Emergency Fund, or the | ||
Mandatory Arbitration Fund.
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In determining the available balance in a fund, the | ||
Governor
may include receipts, transfers into the fund, and | ||
other
resources anticipated to be available in the fund in that | ||
fiscal year.
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The State Treasurer and Comptroller shall transfer the | ||
amounts designated
under this Section as soon as may be | ||
practicable after receiving the direction
to transfer from the | ||
Governor.
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(b) This Section does not apply to any fund established | ||
under the Community Senior Services and Resources Act.
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(c) This Section does not apply to moneys set aside in the | ||
Illinois State Podiatric Disciplinary Fund for podiatric | ||
scholarships and residency programs under the Podiatric | ||
Scholarship and Residency Act.
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(Source: P.A. 93-32, eff. 6-20-03; 93-659, eff. 2-3-04; 93-674, | ||
eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04; | ||
93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff. | ||
1-15-05.)
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Section 5. The Podiatric Medical Practice Act of 1987 is | ||
amended by changing Section 19 as follows:
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(225 ILCS 100/19) (from Ch. 111, par. 4819)
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(Section scheduled to be repealed on January 1, 2008)
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Sec. 19. Disciplinary Fund. All fees and fines received by | ||
the Department
under this Act shall be deposited in the | ||
Illinois State Podiatric
Disciplinary Fund, a special fund | ||
created hereunder in the State Treasury. Of
the moneys | ||
deposited into the Illinois State Podiatric Disciplinary Fund, | ||
during each 2-year renewal period, $200,000
15%
of the money | ||
received from the payment of renewal fees shall be used for
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podiatric scholarships and residency programs under the | ||
Podiatric Scholarship
and Residency Act and the remainder shall | ||
be appropriated to the Department for
expenses of the | ||
Department and of the Podiatric Medical Licensing Board and for
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podiatric scholarships and residency programs under the | ||
Podiatric Scholarship
and Residency Act.
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Moneys in the Illinois State Podiatric Disciplinary Fund | ||
may be
invested and reinvested in investments authorized for | ||
the investment of funds
of the State Employees' Retirement | ||
System of Illinois.
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All earnings received from such investments shall be | ||
deposited in the
Illinois State Podiatric Disciplinary Fund and | ||
may be used for the
same purposes as fees deposited in such | ||
fund.
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Moneys in the Fund may be transferred to the Professions | ||
Indirect Cost Fund
as authorized under Section 2105-300 of the | ||
Department of
Professional Regulation Law (20 ILCS | ||
2105/2105-300).
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Moneys set aside for podiatric scholarships and residency | ||
programs under the Podiatric Scholarship and Residency Act, as | ||
provided for in this Section, may not be transferred under | ||
Section 8h of the State Finance Act.
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Upon the completion of any audit of the Department as | ||
prescribed by the
Illinois State Auditing Act which includes an | ||
audit of the Illinois State
Podiatric Disciplinary Fund, the | ||
Department shall make the audit
open to inspection by any | ||
interested person.
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(Source: P.A. 90-76, eff. 12-30-97; 90-372, eff.
7-1-98; | ||
91-239, eff. 1-1-00.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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