98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB2956

 

Introduced , by Rep. Scott Drury

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/50 new

    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.


LRB098 09227 OMW 39366 b

 

 

A BILL FOR

 

HB2956LRB098 09227 OMW 39366 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 adding
5Section 50 as follows:
 
6    (30 ILCS 105/50 new)
7    Sec. 50. Fund sweeps. Notwithstanding any provision of law
8to the contrary, no fund listed in this Act shall be subject to
9sweeps, administrative charge-backs, or any other fiscal or
10budgetary maneuver that would in any way transfer any amount
11from that fund into the General Fund of the State or any other
12fund.