95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB1247


 
Introduced 2/9/2007, by Sen. Terry Link
 
SYNOPSIS AS INTRODUCED:
 		













30 ILCS 237/5









    Amends the Accountability for the Investment of Public Funds Act.  Makes a
technical change in a Section concerning definitions.
















LRB095 05230 RCE 25305 b

















 


 


A BILL FOR









 











SB1247

LRB095 05230 RCE 25305 b






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    AN ACT concerning 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 Accountability for the Investment of Public 
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Funds Act is amended by changing Section 5 as follows:
 



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    (30 ILCS 237/5)



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    Sec. 5. Definitions. As used in this Act:

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    "Public funds" means current operating funds, special 
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funds, interest and
and
sinking
funds, and funds of any kind or 
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character belonging to or in the custody of any
State
agency.
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    "State agency" means those entities included in the 
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definition of "State
agencies"
in the Illinois State Auditing 
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Act.

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(Source: P.A. 93-499, eff. 1-1-04.)