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IL HB5116

Bill

Official Source

Status

Failed

1/8/2013

Primary Sponsor

Wayne Rosenthal

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the State Finance Act to prohibit all special funds in the State Treasury from being subject to administrative charge-backs, effective immediately upon passage.

  • Applies the prohibition beginning on the effective date of this amendatory Act of the 97th General Assembly, notwithstanding any other existing law.

  • Preserves existing provisions regarding special fund discontinuation, inactive fund transfers to the General Revenue Fund after 18 months of inactivity, and Comptroller discretion over federal trust funds.

Legislative Description

FINANCE-ADMIN CHARGE-BACK

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Rules2/8/2012

Full Bill Text

No bill text available