Full Text of SB2350 93rd General Assembly
SB2350sam001 93RD GENERAL ASSEMBLY
|
|
|
|
09300SB2350sam001 |
|
LRB093 18487 BDD 47208 a |
|
| | 1 |
| AMENDMENT TO SENATE BILL 2350
| | 2 |
| AMENDMENT NO. ______. Amend Senate Bill 2350 on page 3, by replacing | | 3 |
| lines 4 through 5 with the following: | | 4 |
| "shall be deposited into the Clean Water Trust"; and
| | 5 |
| on page 5, line 6, by changing "2 and 6" to "2, 6, and 12"; and
| | 6 |
| on page 6, immediately below line 26, by inserting the following:
| | 7 |
| "(30 ILCS 330/12) (from Ch. 127, par. 662)
| | 8 |
| Sec. 12. Allocation of Proceeds from Sale of Bonds.
| | 9 |
| (a) Proceeds from the sale of Bonds, authorized by Section 3 of this Act,
| | 10 |
| shall be deposited in the separate fund known as the Capital Development Fund.
| | 11 |
| (b) Proceeds from the sale of Bonds, authorized by paragraph (a) of Section
4 | | 12 |
| of this Act, shall be deposited in the separate fund known as the
Transportation | | 13 |
| Bond, Series A Fund.
| | 14 |
| (c) Proceeds from the sale of Bonds, authorized by paragraphs (b) and (c)
of | | 15 |
| Section 4 of this Act, shall be deposited in the separate fund known
as the | | 16 |
| Transportation Bond, Series B Fund.
| | 17 |
| (d) Proceeds from the sale of Bonds, authorized by Section 5 of this
Act, | | 18 |
| shall be deposited in the separate fund known as the School Construction
Fund.
| | 19 |
| (e) Proceeds from the sale of Bonds, authorized by subsections (a) and (b) of | | 20 |
| Section 6 of this Act,
shall be deposited in the separate fund known as the | | 21 |
| Anti-Pollution Fund.
| | 22 |
| (e-5) Proceeds from the sale of Bonds, authorized by subsection (c) of Section | | 23 |
| 6 of this Act, shall be deposited in the separate fund known as the Clean Water |
|
|
|
09300SB2350sam001 |
- 2 - |
LRB093 18487 BDD 47208 a |
|
| | 1 |
| Trust Fund.
| | 2 |
| (f) Proceeds from the sale of Bonds, authorized by Section 7 of this Act,
shall | | 3 |
| be deposited in the separate fund known as the Coal Development Fund.
| | 4 |
| (f-2) Proceeds from the sale of Bonds, authorized by Section 7.2 of this
Act, | | 5 |
| shall be deposited as set forth in Section 7.2.
| | 6 |
| (f-5) Proceeds from the sale of Bonds, authorized by Section 7.5 of this
Act, | | 7 |
| shall be deposited as set forth in Section 7.5.
| | 8 |
| (g) Proceeds from the sale of Bonds, authorized by Section 8 of this Act,
| | 9 |
| shall be deposited in
the Capital Development Fund.
| | 10 |
| (h) Subsequent to the issuance of any Bonds for the purposes described
in | | 11 |
| Sections 2 through 8 of this Act, the Governor and the Director of the
Governor's | | 12 |
| Office of Management and Budget
Bureau of the Budget may provide for the | | 13 |
| reallocation of unspent proceeds
of such Bonds to any other purposes authorized | | 14 |
| under said Sections of this
Act, subject to the limitations on aggregate principal | | 15 |
| amounts contained
therein. Upon any such reallocation, such unspent proceeds shall | | 16 |
| be
transferred to the appropriate funds as determined by reference to
paragraphs (a) | | 17 |
| through (g) of this Section.
| | 18 |
| (Source: P.A. 92-596, eff. 6-28-02; 93-2, eff. 4-7-03; revised 8-23-03.)".
|
|
Translate
