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90_SB0961
30 ILCS 105/6z-42 new
Amends the State Finance Act. Creates the Excess Federal
Grant Distributive Fund as a special fund outside of the
State Treasury. Provides that the Treasurer shall, ex
officio, be custodian of the Fund. Provides that all excess
federal grant moneys shall be deposited into the Fund.
Defines "excess federal grant moneys" as those funds received
by the State from a federal agency for grant or loan programs
administered by any State department or agency and by units
of local government where (1) the funds have not been
appropriated and (2) there is a law, regulation, or
intergovernmental agreement specifying how the funds shall be
allocated to the units of local government that administer
the program at the local level. Provides that the State
Department or agency shall certify to the Treasurer the
disbursement of the stated sums of money to the named unit of
local government each month. Provides that the State agency
or department shall, within 10 days of certification, issue
to the unit of local government a statement indicating the
additional amounts that will be available as a result of the
certification. Effective immediately.
LRB9003077KDksA
LRB9003077KDksA
1 AN ACT to amend the State Finance Act by adding Section
2 6z-42.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The State Finance Act is amended by adding
6 Section 6z-42 as follows:
7 (30 ILCS 105/6z-42 new)
8 Sec. 6z-42. The Excess Federal Grant Distributive Fund.
9 (a) The Excess Federal Grant Distributive Fund is
10 created as a special trust fund outside of the State
11 Treasury. The State Treasurer shall, ex officio, be
12 custodian of the Fund. Notwithstanding any other provision
13 of law to the contrary, all excess federal grant moneys
14 received in any fiscal year shall be deposited into the Fund
15 and distributed as provided in this Section. As used in this
16 Section, "excess federal grant moneys" means funds received
17 by the State from any federal agency for grant or loan
18 programs administered by any State department or agency at
19 the State level, and by units of local government on the
20 local level, where; (1) the funds have not yet been
21 appropriated by the General Assembly; and (2) there is in
22 effect a law, regulation, or intergovernmental agreement
23 specifying the manner in which the funds shall be allocated
24 to the units of local government that administer the grant or
25 loan program at the local level.
26 (b) On or before the 25th day of each calendar month,
27 the appropriate department or agency shall prepare and
28 certify to the Treasurer the authorization for disbursement
29 of stated sums of money to named units of local government.
30 The amount to be paid to each unit of local government shall
31 be the amount of excess federal grant moneys received during
-2- LRB9003077KDksA
1 the preceding calendar month to which the unit of local
2 government is entitled under the law, regulation, or
3 intergovernmental agreement specifying the manner in which
4 the funds shall be allocated to the units of local
5 government.
6 When certifying the amount of monthly disbursement to a
7 unit of local government under this Section, the appropriate
8 department or agency shall increase or decrease that amount
9 by an amount necessary to offset any misallocation of
10 previous disbursements. The State Treasurer is hereby
11 authorized to make distributions as provided in this Section.
12 (c) Whenever amounts are certified under this Section,
13 the appropriate State department or agency shall, within 10
14 days after the certification is made, issue to the unit of
15 local government a statement indicating the additional
16 amounts that will be made available to the unit of local
17 government as the result of the certification. The State
18 department or agency and the unit of local government shall,
19 without unnecessary delay, amend any applicable grant
20 agreement or other agreement to reflect the additional funds
21 that are authorized for disbursement.
22 Section 99. Effective date. This Act takes effect upon
23 becoming law.