|
Public Act 098-0909
|
| HB4713 Enrolled | LRB098 16988 HLH 52070 b |
|
|
AN ACT concerning finance.
|
Be it enacted by the People of the State of Illinois,
|
represented in the General Assembly:
|
Section 5. The State Treasurer's Bank Services Trust Fund |
Act is amended by changing Section 10 as follows:
|
(30 ILCS 212/10)
|
Sec. 10. Creation of Fund. There is hereby created in the |
State
treasury a special fund to be known as the State |
Treasurer's Bank Services
Trust Fund. Moneys deposited in the |
Fund shall be used by the
State
Treasurer to pay the cost of |
the following banking services: processing
of payments of |
taxes, fees, and other moneys due the State; transactional, |
technological, consultant, and legal service charges related |
to the investment or safekeeping of funds under the Treasurer's
|
control; and the cost of paying bondholders and legal services |
under the State's general
obligation bond program.
|
(Source: P.A. 89-153, eff. 7-14-95.)
|
Section 99. Effective date. This Act takes effect upon |
becoming law.
|