Bill Text: IL SB1311 | 2011-2012 | 97th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the State Finance Act. Removes the requirement that the Comptroller and the Treasurer shall transfer a monthly amount from the General Revenue Fund into the Live and Learn Fund. Amends the Illinois Vehicle Code. Provides that proceeds from certain vehicle title and transfer of registration fees shall be deposited into the Live and Learn Fund. Provides that the deposits shall be made beginning 60 days after the effective date or July 1, 2011, whichever is later. Effective immediately.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2011-12-19 - Public Act . . . . . . . . . 97-0641 [SB1311 Detail]
Download: Illinois-2011-SB1311-Amended.html
Bill Title: Amends the State Finance Act. Removes the requirement that the Comptroller and the Treasurer shall transfer a monthly amount from the General Revenue Fund into the Live and Learn Fund. Amends the Illinois Vehicle Code. Provides that proceeds from certain vehicle title and transfer of registration fees shall be deposited into the Live and Learn Fund. Provides that the deposits shall be made beginning 60 days after the effective date or July 1, 2011, whichever is later. Effective immediately.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2011-12-19 - Public Act . . . . . . . . . 97-0641 [SB1311 Detail]
Download: Illinois-2011-SB1311-Amended.html
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1 | AMENDMENT TO SENATE BILL 1311
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2 | AMENDMENT NO. ______. Amend Senate Bill 1311 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The State Finance Act is amended by changing | ||||||
5 | Section 6z-35 as follows:
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6 | (30 ILCS 105/6z-35)
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7 | Sec. 6z-35.
There is hereby created in the the State | ||||||
8 | Treasury a special fund
to be known as the Live and Learn Fund. | ||||||
9 | The Comptroller and the Treasurer
shall transfer $1,742,000 | ||||||
10 | from the General Revenue Fund into the Live and Learn
Fund each | ||||||
11 | month. The first transfer shall be made 60 days after the | ||||||
12 | effective
date of this amendatory Act of 1993, with subsequent | ||||||
13 | transfers occurring on the
first of each month. Moneys | ||||||
14 | deposited into the Fund may, subject to
appropriation, be used | ||||||
15 | by the Secretary of State for any or all of the
following | ||||||
16 | purposes:
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1 | (a) An organ donation awareness or education program.
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2 | (b) To provide additional funds for all types of | ||||||
3 | library grants as
authorized and administered by the | ||||||
4 | Secretary of State as State Librarian.
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5 | (Source: P.A. 88-78.)".
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