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[ Engrossed ] | [ Senate Amendment 001 ] |
90_SB1347 20 ILCS 3918/18 new 30 ILCS 105/5.480 new Amends the Illinois Building Commission Act and the State Finance Act to create the Illinois Building Commission Revolving Fund. Provides that the Commission may accept fees, donations, and any other sources of income for deposit into the Fund. Provides that moneys in the Fund may be used, subject to appropriation, for the operations of the Commission. Effective immediately. LRB9010653KDks LRB9010653KDks 1 AN ACT concerning the Illinois Building Commission. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Building Commission Act is 5 amended by adding Section 18 as follows: 6 (20 ILCS 3918/18 new) 7 Sec. 18. The Illinois Building Commission Revolving 8 Fund. The Illinois Building Commission Revolving Fund is 9 created as a special fund in the State treasury. The 10 Commission may accept fees, donations, and any other sources 11 of income for deposit into this Fund. Moneys in the Fund may 12 be used, subject to appropriation, for the operations of the 13 Commission. 14 Section 10. The State Finance Act is amended by adding 15 Section 5.480 as follows: 16 (30 ILCS 105/5.480 new) 17 Sec. 5.480. The Illinois Building Commission Revolving 18 Fund. 19 Section 99. Effective date. This Act takes effect upon 20 becoming law.