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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5289
Introduced 2/3/2010, by Rep. William Davis SYNOPSIS AS INTRODUCED:
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30 ILCS 105/5.756 new |
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30 ILCS 105/6z-82 new |
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Amends the State Finance Act. Creates the Public Library Support Fund. Provides that, within 30 days after the first day of each State fiscal year, the State Comptroller and State Treasurer shall transfer from the General Revenue Fund to the Public Library Support Fund an amount equal $20,000 multiplied by the number of residents of each public library district in the State in which at least 60% of the residents report a household income at or below the federal poverty level. Provides that the Secretary of State shall use moneys in the Public Library Support Fund to make grants to those public library districts. Provides that no public library district may receive more than $20,000 per resident of that public library district from the Fund in any State fiscal year. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB5289 |
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LRB096 16711 HLH 32001 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 State Finance Act is amended by adding |
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| Sections 5.756 and 6z-82 as follows:
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| (30 ILCS 105/5.756 new) |
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| Sec. 5.756. The Public Library Support Fund.
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| (30 ILCS 105/6z-82 new) |
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| Sec. 6z-82. Public Library Support Fund; creation. The |
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| Public Library Support Fund is created as a special fund in the |
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| State treasury. Within 30 days after the first day of each |
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| State fiscal year, the State Comptroller and State Treasurer |
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| shall transfer from the General Revenue Fund to the Public |
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| Library Support Fund an amount equal $20,000 multiplied by the |
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| number of residents of each public library district in the |
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| State in which at least 60% of the residents report a household |
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| income at or below the federal poverty level. Subject to |
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| appropriation, the Secretary of State shall use moneys in the |
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| Public Library Support Fund to make grants to those public |
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| library districts. No public library district may receive more |
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| than $20,000 per resident of that public library district from |
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| the Fund in any State fiscal year. Any interest earned on |