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1 | AMENDMENT TO HOUSE BILL 5289
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2 | AMENDMENT NO. ______. Amend House Bill 5289, AS AMENDED, by | ||||||
3 | replacing everything after the enacting clause with the | ||||||
4 | following:
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5 | "Section 5. The State Finance Act is amended by adding | ||||||
6 | Sections 5.756 and 6z-82 as follows: | ||||||
7 | (30 ILCS 105/5.756 new) | ||||||
8 | Sec. 5.756. The Public Library Support Fund. | ||||||
9 | (30 ILCS 105/6z-82 new) | ||||||
10 | Sec. 6z-82. Public Library Support Fund; creation. The | ||||||
11 | Public Library Support Fund is created as a special fund in the | ||||||
12 | State treasury. Within 30 days after the first day of each | ||||||
13 | State fiscal year, the Secretary of State shall calculate an | ||||||
14 | amount equal to $20 multiplied by the number of residents of | ||||||
15 | each public library district in the State in which at least 30% |
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1 | of the residents report a household income at or below the | ||||||
2 | federal poverty level. The Secretary of State shall certify the | ||||||
3 | calculated amount to the State Comptroller and direct the State | ||||||
4 | Comptroller to transfer the amount from the General Revenue | ||||||
5 | Fund to the Public Library Support Fund. Subject to | ||||||
6 | appropriation, the Secretary of State shall use moneys in the | ||||||
7 | Public Library Support Fund to make grants to those public | ||||||
8 | library districts. No public library district may receive more | ||||||
9 | than $20 per resident of that public library district from the | ||||||
10 | Fund in any State fiscal year. Any interest earned on moneys in | ||||||
11 | the Public Library Support Fund shall be deposited into the | ||||||
12 | Fund.
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13 | Section 99. Effective date. This Act takes effect upon | ||||||
14 | becoming law.".
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