95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB2027

 

Introduced 2/7/2008, 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 14892 RCE 40835 b

 

 

A BILL FOR

 

SB2027 LRB095 14892 RCE 40835 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Accountability for the Investment of Public
5 Funds Act is amended by changing Section 5 as follows:
 
6     (30 ILCS 237/5)
7     Sec. 5. Definitions. As used in this Act:
8     "Public funds" means current operating funds, special
9 funds, interest and and sinking funds, and funds of any kind or
10 character belonging to or in the custody of any State agency.
11     "State agency" means those entities included in the
12 definition of "State agencies" in the Illinois State Auditing
13 Act.
14 (Source: P.A. 93-499, eff. 1-1-04.)