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IL SB3045
Bill
Status
7/20/2010
Primary Sponsor
Edward Maloney
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AI Summary
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Amends the State Comptroller Act to increase the imprest account transfer limit for the Illinois Mathematics and Science Academy from $15,000 to $100,000.
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Authorizes the Comptroller to provide periodic transfers to various state institutions and departments under an imprest system with State Treasurer approval, subject to specified limits and controls.
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Establishes transfer limits including $200,000 per campus for public universities, $200,000 per department per overseas office for Agriculture and Commerce departments, and $250,000 annually for Department of Natural Resources World Shooting and Recreational Complex operations.
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Requires the Comptroller to promulgate rules and regulations for implementing imprest account transfers, with any rules requiring State Treasurer approval needing Treasurer consent for modification or repeal.
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Takes effect upon becoming law.
Legislative Description
IMSA-COMPTROLLER-TRANSFERS
Last Action
Public Act . . . . . . . . . 96-1118
7/20/2010