Illinois General Assembly - Full Text of HB4713
Illinois General Assembly

Previous General Assemblies

Full Text of HB4713  98th General Assembly




HB4713 EnrolledLRB098 16988 HLH 52070 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 Treasurer's Bank Services Trust Fund
5Act is amended by changing Section 10 as follows:
6    (30 ILCS 212/10)
7    Sec. 10. Creation of Fund. There is hereby created in the
8State treasury a special fund to be known as the State
9Treasurer's Bank Services Trust Fund. Moneys deposited in the
10Fund shall be used by the State Treasurer to pay the cost of
11the following banking services: processing of payments of
12taxes, fees, and other moneys due the State; transactional,
13technological, consultant, and legal service charges related
14to the investment or safekeeping of funds under the Treasurer's
15control; and the cost of paying bondholders and legal services
16under the State's general obligation bond program.
17(Source: P.A. 89-153, eff. 7-14-95.)
18    Section 99. Effective date. This Act takes effect upon
19becoming law.