IL SB2244

Reinstates annual transfers from the Tax Compliance and Administration Fund to the General Revenue Fund, removing the previous July 1, 2016 expiration date.

Requires the Director of the Department of Revenue to certify the balance in the Tax Compliance and Administration Fund as of July 1 each year, less any obligated amounts.

Mandates transfer of any certified balance exceeding $2,500,000 from the Tax Compliance and Administration Fund to the General Revenue Fund.

Requires the 2017 certification and transfer to occur as soon as possible after the bill's effective date, rather than waiting until July 1, 2018.

Takes effect immediately upon becoming law.