Full Text of SB0158 94th General Assembly
SB0158enr 94TH GENERAL ASSEMBLY
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SB0158 Enrolled |
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LRB094 06513 RAS 36601 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 3. The State Finance Act is amended by changing | 5 |
| Section 8h as follows: | 6 |
| (30 ILCS 105/8h)
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| Sec. 8h. Transfers to General Revenue Fund. | 8 |
| (a) Except as provided in subsection (b), notwithstanding | 9 |
| any other
State law to the contrary, the Governor
may, through | 10 |
| June 30, 2007, from time to time direct the State Treasurer and | 11 |
| Comptroller to transfer
a specified sum from any fund held by | 12 |
| the State Treasurer to the General
Revenue Fund in order to | 13 |
| help defray the State's operating costs for the
fiscal year. | 14 |
| The total transfer under this Section from any fund in any
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| fiscal year shall not exceed the lesser of (i) 8% of the | 16 |
| revenues to be deposited
into the fund during that fiscal year | 17 |
| or (ii) an amount that leaves a remaining fund balance of 25% | 18 |
| of the July 1 fund balance of that fiscal year. In fiscal year | 19 |
| 2005 only, prior to calculating the July 1, 2004 final | 20 |
| balances, the Governor may calculate and direct the State | 21 |
| Treasurer with the Comptroller to transfer additional amounts | 22 |
| determined by applying the formula authorized in Public Act | 23 |
| 93-839 to the funds balances on July 1, 2003.
No transfer may | 24 |
| be made from a fund under this Section that would have the
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| effect of reducing the available balance in the fund to an | 26 |
| amount less than
the amount remaining unexpended and unreserved | 27 |
| from the total appropriation
from that fund estimated to be | 28 |
| expended for that fiscal year. This Section does not apply to | 29 |
| any
funds that are restricted by federal law to a specific use, | 30 |
| to any funds in
the Motor Fuel Tax Fund, the Hospital Provider | 31 |
| Fund, the Medicaid Provider Relief Fund, or the Reviewing Court | 32 |
| Alternative Dispute Resolution Fund, or to any
funds to which |
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SB0158 Enrolled |
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LRB094 06513 RAS 36601 b |
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| subsection (f) of Section 20-40 of the Nursing and Advanced | 2 |
| Practice Nursing Act applies. Notwithstanding any
other | 3 |
| provision of this Section, for fiscal year 2004,
the total | 4 |
| transfer under this Section from the Road Fund or the State
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| Construction Account Fund shall not exceed the lesser of (i) 5% | 6 |
| of the revenues to be deposited
into the fund during that | 7 |
| fiscal year or (ii) 25% of the beginning balance in the fund.
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| For fiscal year 2005 through fiscal year 2007, no amounts may | 9 |
| be transferred under this Section from the Road Fund, the State | 10 |
| Construction Account Fund, the Criminal Justice Information | 11 |
| Systems Trust Fund, the Wireless Service Emergency Fund, or the | 12 |
| Mandatory Arbitration Fund.
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| In determining the available balance in a fund, the | 14 |
| Governor
may include receipts, transfers into the fund, and | 15 |
| other
resources anticipated to be available in the fund in that | 16 |
| fiscal year.
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| The State Treasurer and Comptroller shall transfer the | 18 |
| amounts designated
under this Section as soon as may be | 19 |
| practicable after receiving the direction
to transfer from the | 20 |
| Governor.
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| (b) This Section does not apply to any fund established | 22 |
| under the Community Senior Services and Resources Act.
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| (c) This Section does not apply to moneys set aside in the | 24 |
| Illinois State Podiatric Disciplinary Fund for podiatric | 25 |
| scholarships and residency programs under the Podiatric | 26 |
| Scholarship and Residency Act.
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| (Source: P.A. 93-32, eff. 6-20-03; 93-659, eff. 2-3-04; 93-674, | 28 |
| eff. 6-10-04; 93-714, eff. 7-12-04; 93-801, eff. 7-22-04; | 29 |
| 93-839, eff. 7-30-04; 93-1054, eff. 11-18-04; 93-1067, eff. | 30 |
| 1-15-05.)
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| Section 5. The Podiatric Medical Practice Act of 1987 is | 32 |
| amended by changing Section 19 as follows:
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| (225 ILCS 100/19) (from Ch. 111, par. 4819)
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| (Section scheduled to be repealed on January 1, 2008)
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| Sec. 19. Disciplinary Fund. All fees and fines received by | 2 |
| the Department
under this Act shall be deposited in the | 3 |
| Illinois State Podiatric
Disciplinary Fund, a special fund | 4 |
| created hereunder in the State Treasury. Of
the moneys | 5 |
| deposited into the Illinois State Podiatric Disciplinary Fund, | 6 |
| during each 2-year renewal period, $200,000
15%
of the money | 7 |
| received from the payment of renewal fees shall be used for
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| podiatric scholarships and residency programs under the | 9 |
| Podiatric Scholarship
and Residency Act and the remainder shall | 10 |
| be appropriated to the Department for
expenses of the | 11 |
| Department and of the Podiatric Medical Licensing Board and for
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| podiatric scholarships and residency programs under the | 13 |
| Podiatric Scholarship
and Residency Act.
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| Moneys in the Illinois State Podiatric Disciplinary Fund | 15 |
| may be
invested and reinvested in investments authorized for | 16 |
| the investment of funds
of the State Employees' Retirement | 17 |
| System of Illinois.
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| All earnings received from such investments shall be | 19 |
| deposited in the
Illinois State Podiatric Disciplinary Fund and | 20 |
| may be used for the
same purposes as fees deposited in such | 21 |
| fund.
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| Moneys in the Fund may be transferred to the Professions | 23 |
| Indirect Cost Fund
as authorized under Section 2105-300 of the | 24 |
| Department of
Professional Regulation Law (20 ILCS | 25 |
| 2105/2105-300).
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| Moneys set aside for podiatric scholarships and residency | 27 |
| programs under the Podiatric Scholarship and Residency Act, as | 28 |
| provided for in this Section, may not be transferred under | 29 |
| Section 8h of the State Finance Act.
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| Upon the completion of any audit of the Department as | 31 |
| prescribed by the
Illinois State Auditing Act which includes an | 32 |
| audit of the Illinois State
Podiatric Disciplinary Fund, the | 33 |
| Department shall make the audit
open to inspection by any | 34 |
| interested person.
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| (Source: P.A. 90-76, eff. 12-30-97; 90-372, eff.
7-1-98; | 36 |
| 91-239, eff. 1-1-00.)
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LRB094 06513 RAS 36601 b |
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| Section 99. Effective date. This Act takes effect upon | 2 |
| becoming law.
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