Bill Text: IL SB0277 | 2013-2014 | 98th General Assembly | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the General Obligation Bond Act. Makes a technical change in a Section concerning the short title.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB0277 Detail]

Download: Illinois-2013-SB0277-Amended.html

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Sen. Dan Kotowski

Filed: 5/6/2014

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AMENDMENT TO SENATE BILL 277
AMENDMENT NO. ______. Amend Senate Bill 277 by replacing
everything after the enacting clause with the following:
"Section 5. The State Finance Act is amended by adding
Section 5k as follows:
(30 ILCS 105/5k new)
Sec. 5k. Transfers limited.
(a) The purpose of this Section is to evaluate spending
from the General Revenue Fund for Fiscal Year 2015 in order to
determine the impact that transfers to certain funds supported
by a set statutory formula have on the cash flow of the State
throughout the course of the State's fiscal year.
(b) Notwithstanding any provision of law to the contrary,
in Fiscal Year 2015 the Governor may not transfer moneys from
the General Revenue Fund to any of the following funds,
including, but not limited to, transfers expressly authorized

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under the statutory provisions cited in this subsection (b),
without additional express statutory authority granted on or
after the effective date of this amendatory Act of the 98th
General Assembly:
(1) The Agricultural Premium Fund, under subsection
(d) of Section 8g or subsection (a) of Section 8.25e of
State Finance Act.
(2) The Alzheimer's Disease Research Fund, under
Section 510 of the Illinois Income Tax Act, or Section 2 of
the Alzheimer's Disease Research Act.
(3) The Assistance to the Homeless Fund, under Section
510 or 516 of the Illinois Income Tax Act.
(4) The Audit Expense Fund, under Section 6z-27 of the
State Finance Act.
(5) The Child Abuse Prevention Fund, under Section 6b-4
of the State Finance Act, or under Section 508 or 510 of
the Illinois Income Tax Act.
(6) The Coal Technology Development Assistance Fund,
under Section 3 of the Illinois Coal Technology Development
Assistance Act.
(7) The Convention Center Support Fund, under
subsection (l-5) of Section 5 of the Metropolitan Pier and
Exposition Authority Act.
(8) The Diabetes Research Checkoff Fund, under
subsection (c) of Section 509 or 510 of the Illinois Income
Tax Act.

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(9) The Downstate Public Transportation Fund, under
Section 2-3 of the Downstate Public Transportation Act.
(10) The Fair and Exposition Fund, under subsection (d)
of Section 8g or subsection (a) of Section 8.25e of the
State Finance Act.
(11) The Illinois Military Family Relief Fund, under
Section 507Y or 510 of the Illinois Income Tax Act.
(12) The Illinois Standardbred Breeders Fund, under
subsection (d) of Section 8g or subsection (a) of Section
8.25e of the State Finance Act.
(13) The Illinois Thoroughbred Breeders Fund, under
subsection (d) of Section 8g or subsection (a) of Section
8.25e of the State Finance Act.
(14) The Illinois Veterans' Rehabilitation Fund, under
subsection (d) of Section 8g the State Finance Act, or
subsection (d) of Section 28.1 of the Illinois Horse Racing
Act of 1975.
(15) The Illinois Wildlife Preservation Fund, under
subsection (a) of Section 4 of the Illinois Non-Game
Wildlife Protection Act.
(16) The Intercity Passenger Rail Fund, under
subsection (b) of Section 6z-68 of the State Finance Act.
(17) The Intermodal Facilities Promotion Fund, under
Section 15 of the Intermodal Facilities Promotion Act.
(18) The Live and Learn Fund, under Section 6z-35 of
the State Finance Act.

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(19) The Local Government Distributive Fund, under
Section 1 of the State Revenue Sharing Act, or under
Section 901 of the Illinois Income Tax Act.
(20) The Metropolitan Pier and Exposition Authority
Incentive Fund, under subsection (l) of Section 5 of the
Metropolitan Pier and Exposition Authority Act.
(21) The Partners for Conservation Fund, under
subsection (b) of Section 6z-32 of the State Finance Act.
(22) The Penny Severns Breast and Cervical Cancer
Research Fund, under Section 507L or 510 of the Illinois
Income Tax Act.
(23) The Public Transportation Fund, under subsection
(a) of Section 4.09 of the Regional Transportation
Authority Act.
(24) The State Treasurer's Bank Services Trust Fund,
under Section 15 of the State Treasurer's Bank Services
Trust Fund Act.
(25) The Tourism Promotion Fund, under Section 4a of
the Illinois Promotion Act.
(26) University of Illinois Hospital Services Fund,
under paragraph (1.5) of subsection (a) of Section 6z-30 of
the State Finance Act.
(27) The Youth Alcoholism and Substance Abuse
Prevention Fund, under subsection (c) of Section 8g of the
State Finance Act.

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Section 99. Effective date. This Act takes effect upon
becoming law.".