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Public Act 093-1054 |
HB7029 Enrolled |
LRB093 19876 AMC 45619 b |
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AN ACT concerning nursing.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The State Finance Act is amended by changing |
Section 8h as follows: |
(30 ILCS 105/8h)
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Sec. 8h. Transfers to General Revenue Fund. |
Notwithstanding any other
State law to the contrary, the |
Director of the
Governor's Office of Management and Budget
may |
from time to time direct the State Treasurer and Comptroller to |
transfer
a specified sum from any fund held by the State |
Treasurer to the General
Revenue Fund in order to help defray |
the State's operating costs for the
fiscal year. The total |
transfer under this Section from any fund in any
fiscal year |
shall not exceed the lesser of 8% of the revenues to be |
deposited
into the fund during that year or 25% of the |
beginning balance in the fund.
No transfer may be made from a |
fund under this Section that would have the
effect of reducing |
the available balance in the fund to an amount less than
the |
amount remaining unexpended and unreserved from the total |
appropriation
from that fund for that fiscal year. This Section |
does not apply to any
funds that are restricted by federal law |
to a specific use ,
or to any funds in
the Motor Fuel Tax Fund or |
the Hospital Provider Fund , or to any
funds to which subsection |
(f) of Section 20-40 of the Nursing and Advanced Practice |
Nursing Act applies . Notwithstanding any
other provision of |
this Section,
the total transfer under this Section from the |
Road Fund or the State
Construction Account Fund shall not |
exceed 5% of the revenues to be deposited
into the fund during |
that year.
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In determining the available balance in a fund, the |
Director of the
Governor's Office of Management and Budget
may |