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| | SB3621 Engrossed | | LRB097 19710 RLC 64967 b |
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| 1 | | AN ACT concerning State government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Department of State Police Law of the
Civil |
| 5 | | Administrative Code of Illinois is amended by changing Section |
| 6 | | 2605-407 as follows: |
| 7 | | (20 ILCS 2605/2605-407) |
| 8 | | Sec. 2605-407. Illinois State Police Federal Projects |
| 9 | | Trust Fund. The Illinois State Police Federal Projects Trust |
| 10 | | Fund is established created as a federal trust fund in the |
| 11 | | State treasury. This federal Trust Fund is established to |
| 12 | | receive funds awarded to the Department of State Police from |
| 13 | | the following: (i) all federal departments and agencies for the |
| 14 | | specific purposes established by the terms and conditions of |
| 15 | | the federal awards and (ii) federal pass-through grants from |
| 16 | | State departments and agencies for the specific purposes |
| 17 | | established by the terms and conditions of the grant |
| 18 | | agreements. Any interest earnings that are attributable to |
| 19 | | moneys in the federal trust fund must be deposited into the |
| 20 | | Fund All interest earned by the investment or deposit of moneys |
| 21 | | accumulated in the Trust Fund shall be deposited into the Trust |
| 22 | | Fund.
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| 23 | | (Source: P.A. 97-116, eff. 1-1-12.) |