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IL SB3045

Bill

Status

Passed

7/20/2010

Primary Sponsor

Edward Maloney

Click for details

Origin

Senate

96th General Assembly

AI Summary

  • 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.

  • 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.

  • 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.

  • 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.

  • Takes effect upon becoming law.

Legislative Description

IMSA-COMPTROLLER-TRANSFERS

Last Action

Public Act . . . . . . . . . 96-1118

7/20/2010

Committee Referrals

Higher Education2/16/2010
Assignments2/8/2010

Full Bill Text

No bill text available