State of Illinois
2017 and 2018


Introduced , by Rep. Michael J. Madigan


30 ILCS 105/5e  from Ch. 127, par. 141e

    Amends the State Finance Act. Makes a technical change in a Section concerning the Road Fund.

LRB100 02260 MLM 12265 b





HB1092LRB100 02260 MLM 12265 b

1    AN ACT concerning finance.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The State Finance Act is amended by changing
5Section 5e as follows:
6    (30 ILCS 105/5e)  (from Ch. 127, par. 141e)
7    Sec. 5e. The The Governor, in his discretion, when he deems
8it necessary for payments of the State's obligations, may
9authorize transfers from the Road Fund to the State
10Construction Account Fund. Any amount so transferred shall be
11retransferred from the State Construction Account Fund to the
12Road Fund by the end of the fiscal year in which the transfer
13was made. The transfers out of the Road Fund shall not exceed
14$35,000,000 in any fiscal year. No transfers from the Road Fund
15which impair the obligations of the State shall be authorized.
16The Comptroller and the Treasurer, upon receipt of
17authorization from the Governor, shall make transfers in
18accordance with this Section. In the event the Governor fails
19to authorize the retransfer into the Road Fund as required by
20this Section, the Comptroller and the Treasurer shall make such
22(Source: P.A. 84-431.)