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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB2956 Introduced , by Rep. Scott Drury SYNOPSIS AS INTRODUCED:
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Amends the State Finance Act. Prohibits any fund listed in this Act from being subject to sweeps, administrative charge-backs, or any other fiscal or budgetary maneuver that would in any way transfer any amount from that fund into the General Fund of the State or any other fund.
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| | A BILL FOR |
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| | HB2956 | | LRB098 09227 OMW 39366 b |
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| 1 | | AN ACT concerning finance.
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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 State Finance Act is amended by adding |
| 5 | | Section 50 as follows:
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| 6 | | (30 ILCS 105/50 new) |
| 7 | | Sec. 50. Fund sweeps. Notwithstanding any provision of law |
| 8 | | to the contrary, no fund listed in this Act shall be subject to |
| 9 | | sweeps, administrative charge-backs, or any other fiscal or |
| 10 | | budgetary maneuver that would in any way transfer any amount |
| 11 | | from that fund into the General Fund of the State or any other |
| 12 | | fund.
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