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IL SB1905
Bill
Status
1/13/2015
Primary Sponsor
Pamela Althoff
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AI Summary
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Requires the Governor's Office of Management and Budget to establish a "Dedicated Fund Tracker" database on its website by July 1, 2014, accessible to the public.
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Database must display the current balance of each special fund in the State treasury and track all transfers from those funds via sweeps, administrative charge-backs, or other fiscal maneuvers, including transfer dates and destination funds.
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Requires the Office to post proposed budget maneuvers in the database that will result in transfers from special funds to other State funds.
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Database must be updated at least monthly and capable of generating reports showing fund transfers on a monthly, quarterly, and annual basis.
Legislative Description
DEDICATED FUND TRACKER
Last Action
Session Sine Die
1/13/2015