Rep. Frank J. Mautino

Filed: 5/26/2010

 

 


 

 


 
09600SB2101ham003 LRB096 11443 RCE 41764 a

1
AMENDMENT TO SENATE BILL 2101

2     AMENDMENT NO. ______. Amend Senate Bill 2101, AS AMENDED,
3 by replacing everything after the enacting clause with the
4 following:
 
5     "Section 5. The State Finance Act is amended by adding
6 Section 6z-11.5 as follows:
 
7     (30 ILCS 105/6z-11.5 new)
8     Sec. 6z-11.5. Transfers to Illinois Department of
9 Financial and Professional Regulation funds. On and after July
10 1, 2010 and through June 30, 2011, the Illinois Department of
11 Financial and Professional Regulation may transfer moneys on
12 deposit in the Illinois Bank Examiners' Education Fund to funds
13 subject to the authority of the Illinois Department of
14 Financial and Professional Regulation. The aggregate amount of
15 funds transferred from the Fund shall not exceed $4,200,000,
16 which is the projected fiscal year 2011 deficiency of funds

 

 

09600SB2101ham003 - 2 - LRB096 11443 RCE 41764 a

1 required to satisfy expenditures properly supported by
2 appropriations from the Savings and Residential Finance
3 Regulatory Fund.
 
4     Section 99. Effective date. This Act takes effect July 1,
5 2010.".