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| [ Introduced ] | [ Senate Amendment 001 ] |
90_SB1347eng
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
SB1347 Engrossed 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 50 as follows:
6 (20 ILCS 3918/50 new)
7 Sec. 50. The Illinois Building Commission Revolving
8 Fund. The Illinois Building Commission Revolving Fund is
9 created in the State treasury. The Illinois Building
10 Commission may establish fees for services provided in
11 fulfilling its mandate under this Act. All fees collected by
12 the Commission shall be deposited into the Illinois Building
13 Commission Revolving Fund. The Commission may also accept
14 donations or monies from any other source for deposit into
15 this fund. All interest accrued on the fees, donations and
16 other deposits to the Illinois Building Commission Revolving
17 Fund shall be deposited into the fund. All monies in the
18 Illinois Building Commission Revolving Fund may be used,
19 subject to appropriation by the Illinois General Assembly, to
20 carry out the activities of the Act, including the expenses
21 of the Illinois Building Commission, a clearinghouse on State
22 building requirements, or other purposes consistent with the
23 Act.
24 Section 10. The State Finance Act is amended by adding
25 Section 5.480 as follows:
26 (30 ILCS 105/5.480 new)
27 Sec. 5.480. The Illinois Building Commission Revolving
28 Fund.
SB1347 Engrossed -2- LRB9010653KDks
1 Section 99. Effective date. This Act takes effect upon
2 becoming law.