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92_HB2829
LRB9202307JMpr
1 AN ACT in relation to State finance.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Finance Act is amended by changing
5 Section 5g as follows:
6 (30 ILCS 105/5g) (from Ch. 127, par. 141g)
7 Sec. 5g. (a) After July 1, 1991, the General Assembly
8 shall direct the transfer from the General Revenue Fund to
9 the Road Fund of the sum of $36,000,000, or so much thereof
10 as may be necessary, so that after the such transfer the
11 total expenditures for the fiscal year beginning July 1, 1990
12 for the Division of State Troopers from the Road Fund do not
13 exceed the amount appropriated in fiscal year 1990 for the
14 Division of State Troopers. Such transfers shall be
15 completed no later than June 30, 1992.
16 (b) If the General Assembly has not completed the
17 transfers required under subsection (a) of this Section on or
18 before June 30, 1992, and if the General Revenue Fund balance
19 is $250 million or greater on June 30, 1992 or June 30th of
20 any year thereafter, on July 1 of the fiscal year immediately
21 following the fiscal year which has a June 30th balance of
22 $250 million or greater, the Comptroller shall order the
23 transfer and the Treasurer shall transfer from the General
24 Revenue Fund to the Road Fund one-twelfth of the amount
25 remaining to be transferred on July 15, 1992, with such
26 transfers continuing on the first of each month thereafter
27 until the total transfers required to be made by this Section
28 have been completed.
29 (Source: P.A. 86-1159; 87-860.)