HB3830 Engrossed

LRB093 12599 SJM 18364 b






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    AN ACT concerning State finance. 

 
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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  5. The State Finance Act is amended by changing

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Sections 8h, as added by Public Act 93-32, and 8j as follows:


 
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    (30 ILCS 105/8h)

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    Sec. 8h. Transfers to General Revenue Fund.  
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Notwithstanding any other
State law to the contrary, the 
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Director of the
Governor's Office of Management and Budget

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Bureau of the Budget
may from time to time direct the State 
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Treasurer and Comptroller to transfer
a specified sum from any 
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fund held by the State Treasurer to the General
Revenue Fund in 
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order to help defray the State's operating costs for the
fiscal 
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year.  The total transfer under this Section from any fund in 
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any
fiscal year shall not exceed the lesser of 8% of the 
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revenues to be deposited
into the fund during that year or 25% 
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of the beginning balance in the fund.
No transfer may be made 
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from a fund under this Section that would have the
effect of 
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reducing the available balance in the fund to an amount less 
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than
the amount remaining unexpended and unreserved from the 
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total appropriation
from that fund for that fiscal year.  This 
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Section does not apply to any
funds that are restricted by 
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federal law to a specific use or to any funds in
the Motor Fuel 
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Tax Fund.  Notwithstanding any other provision of this Section,

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the total transfer under this Section from the Road Fund or the 
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State
Construction Account Fund shall not exceed 5% of the 
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revenues to be deposited
into the fund during that year.


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    In determining the available balance in a fund, the 
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Director of the
Governor's Office of Management and Budget

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Bureau of the Budget
may include receipts, transfers into the 
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fund, and other
resources anticipated to be available in the 
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fund in that fiscal year.


 


 






HB3830 Engrossed
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LRB093 12599 SJM 18364 b




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    The State Treasurer and Comptroller shall transfer the 
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amounts designated
under this Section as soon as may be 
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practicable after receiving the direction
to transfer from the 
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Director of the Governor's Office of Management and
Budget

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Bureau of the Budget.


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    If the Director of the Governor's Office of Management and 
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Budget directs
the
State Treasurer and the Comptroller to 
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transfer moneys into the General Revenue
Fund
under this 
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Section, he or she shall notify
the Illinois
Economic and 
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Fiscal Commission of the direction to transfer the moneys and 
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the
amount
directed to be transferred.


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(Source: P.A. 93-32, eff. 6-20-03; revised 8-21-03.)

 
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    (30 ILCS 105/8j)

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    Sec. 8j. Allocation and transfer of fee receipts to General 
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Revenue Fund.
If and only if any one or more of Senate Bills 
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774, 841, 842, and 1903 of
the 93rd General Assembly become 
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law, Notwithstanding any other law to the
contrary, additional 
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amounts generated by the new and increased fees created
or 
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authorized by Public Acts 93-22, 93-23, 93-24, and 93-32
these 
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amendatory Acts of the 93rd General Assemblythis amendatory Act 
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of the 93rd General Assembly and by Senate Bill 774,
Senate 
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Bill 841, and Senate Bill 842 of the 93rd General Assembly, if 
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those
bills become law, shall be allocated between the fund 
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otherwise entitled to
receive the fee and the General Revenue 
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Fund by the Governor's Office of
Management and Budget
Bureau 
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of the Budget.  In determining the amount of
the allocation to 
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the General Revenue Fund, the Director of the Governor's
Office 
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of Management and Budget
Bureau of the Budget shall calculate

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whether the available resources in the fund are sufficient to 
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satisfy the
unexpended and unreserved appropriations from the 
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fund for the fiscal year.
    In calculating the available 
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resources in a fund, the Director of the
Governor's Office of 
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Management and Budget
Bureau of the Budget may
include 
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receipts, transfers into the fund, and other resources 
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anticipated to
be available in the fund in that fiscal year.


 


 






HB3830 Engrossed
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LRB093 12599 SJM 18364 b




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    Upon determining the amount of an allocation to the General 
2
Revenue Fund
under this Section, the Director of the Governor's 
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Office of Management
and Budget
Bureau of the Budget may direct 
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the State Treasurer and
Comptroller to transfer the amount of 
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that allocation from the fund in which
the fee amounts have 
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been deposited to the General Revenue Fund; provided,
however, 
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that the Director shall not direct the transfer of any amount 
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that
would have the effect of reducing the available resources 
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in the fund to an
amount less than the amount remaining 
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unexpended and unreserved from the total
appropriation from 
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that fund for that fiscal year.


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    The State Treasurer and Comptroller shall transfer the 
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amounts designated
under this Section as soon as may be 
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practicable after receiving the direction
to transfer from the 
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Director of the Governor's Office of Management and
Budget

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Bureau of the Budget.


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    If the Director of the Governor's Office of Management and 
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Budget directs
the
State Treasurer and the Comptroller to 
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transfer moneys into the General Revenue
Fund
under this 
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Section, he or she shall notify
the Illinois
Economic and 
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Fiscal Commission of the direction to transfer the moneys and 
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the
amount
directed to be transferred.


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(Source: P.A. 93-25, eff. 6-20-03;  93-32, eff. 6-20-03; revised 
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8-21-03.)


 
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    Section 99. Effective date.   This Act takes effect upon 
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becoming law.