State of Illinois
90th General Assembly
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90_SB1013

      15 ILCS 405/9.01          from Ch. 15, par. 209.01
          Amends the State Comptroller Act.  Adds a Section caption
      to the Section concerning the transfer of moneys.
                                                     LRB9001322KRcd
                                               LRB9001322KRcd
 1        AN ACT to amend the State  Comptroller  Act  by  changing
 2    Section 9.01.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section  5.  The State  Comptroller  Act  is  amended  by
 6    changing Section 9.01 as follows:
 7        (15 ILCS 405/9.01) (from Ch. 15, par. 209.01)
 8        Sec.  9.01.   Transfer  of moneys.  The Comptroller, with
 9    the approval of the State Treasurer, may provide by rule  and
10    regulation  for  the  transfer  of  moneys  held by the State
11    Treasurer, whether in or outside the public  treasury.   Such
12    transfer may be within the same fund or between funds and may
13    be  made  without  the  use  of  the  voucher-warrant system.
14    However, documentation of approval of  the  transfer  by  the
15    Comptroller,  and  the  Treasurer  shall  be  retained by the
16    Comptroller.  The Comptroller, under this Section, shall make
17    a transfer only where the transaction is  otherwise  pursuant
18    to law and authorized.  As used in this Section, a "transfer"
19    is  limited to a transaction involving only a State agency or
20    between State agencies exclusively.
21    (Source: P.A. 81-737.)

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