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HB0032 Enrolled |
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LRB095 03685 HLH 23712 b |
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| AN ACT concerning the Adeline Jay Geo-Karis Illinois Beach |
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| Marina.
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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 Department of Natural Resources Act is |
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| amended by adding Section 1-40 as follows:
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| (20 ILCS 801/1-40 new)
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| Sec. 1-40. Adeline Jay Geo-Karis Illinois Beach Marina; |
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| maintenance. The Department shall formulate and implement a |
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| 10-year program for the maintenance and reconstruction of the |
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| Adeline Jay Geo-Karis Illinois Beach Marina. The program shall |
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| be in place no later than January 1, 2008, and shall be known |
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| as the Adeline Jay Geo-Karis Illinois Beach Marina Program.
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| Section 10. The State Finance Act is amended by changing |
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| Section 8.25c as follows:
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| (30 ILCS 105/8.25c) (from Ch. 127, par. 144.25c)
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| Sec. 8.25c. (a) Beginning in fiscal year 1991 and |
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| continuing through the
third quarter of fiscal year 1993, the |
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| State Comptroller shall order
transferred and the State |
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| Treasurer shall transfer from the Illinois Beach
Marina Fund |
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| (now known as the Adeline Jay Geo-Karis Illinois Beach Marina |
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HB0032 Enrolled |
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LRB095 03685 HLH 23712 b |
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| Fund) to the General Revenue Fund 50% of the revenue deposited |
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| into the
Illinois Beach Marina Fund. Beginning in the fourth |
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| quarter of fiscal year
1993 and thereafter until the
sum of |
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| $31,200,000 is paid to the General Revenue Fund, the State
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| Comptroller shall order transferred and the State Treasurer |
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| shall transfer
from the Adeline Jay Geo-Karis Illinois Beach |
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| Marina Fund (formerly known as the Illinois Beach Marina Fund)
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| to the General Revenue Fund 35%
25% of the
first $2,000,000 of |
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| revenue deposited into the Adeline Jay Geo-Karis Illinois Beach |
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| Marina Fund (formerly known as the Illinois Beach Marina Fund)
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| in
any fiscal year, and 75% of the revenue deposited into the |
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| Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly |
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| known as the Illinois Beach
Marina Fund) in excess of |
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| $2,000,000 in any fiscal year; however, such
transfers shall |
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| not exceed
$2,000,000 in any fiscal year. In addition,
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| beginning in fiscal year 1991 and thereafter until the sum of |
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| $8,000,000
is paid to the State Boating Act Fund the State |
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| Comptroller shall order
transferred and the State Treasurer |
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| shall transfer from the Adeline Jay Geo-Karis Illinois Beach |
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| Marina Fund (formerly known as the Illinois Beach
Marina Fund)
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| to the State Boating Act Fund 15% of the revenue deposited into
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| the Adeline Jay Geo-Karis Illinois Beach Marina Fund (formerly |
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| known as the Illinois Beach Marina Fund). Beginning in fiscal |
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| year 1992, the
transfers from the Adeline Jay Geo-Karis |
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| Illinois Beach Marina Fund (formerly known as the Illinois |
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| Beach Marina Fund) to the State Boating Act Fund
shall be made |
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HB0032 Enrolled |
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LRB095 03685 HLH 23712 b |
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| only at the direction of and in the amount authorized by the
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| Department of Natural Resources. Moneys transferred under
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| authorization of this
Section to the State Boating Act Fund in |
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| fiscal year 1992 before the
effective date of this amendatory |
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| Act of 1991 may be transferred to the
Illinois Beach Marina |
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| Fund (now known as the Adeline Jay Geo-Karis Illinois Beach |
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| Marina Fund) at the direction of the Department of Natural
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| Resources. The transfers required under this Section
shall be |
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| made within 30 days after the end of each quarter based on the
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| State Comptroller's record of receipts for the quarter. The |
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| initial
transfers shall be made within 30 days after June 30, |
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| 1990 based on
revenues received in the preceding quarter. |
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| Additional transfers in
excess of the limits established under |
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| this Section may be authorized by
the Department of Natural |
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| Resources for accelerated
payback of the amount due.
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| (b) The Department may, subject to appropriations by the |
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| General Assembly,
use monies in the Adeline Jay Geo-Karis |
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| Illinois Beach Marina Fund (formerly known as the Illinois |
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| Beach Marina Fund) to pay for operation,
maintenance, repairs, |
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| or improvements to the marina project; provided,
however, that |
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| payment of the amounts due under the terms of subsection (a)
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| shall have priority on all monies deposited in this Fund.
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| (c) Monies on deposit in excess of that needed for payments |
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| to the
General Revenue Fund and the State Boating Fund and in |
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| excess of those
monies needed for the operation, maintenance, |
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| repairs, or improvements to
the Adeline Jay Geo-Karis Illinois |