IL SB3589

Appropriates $7,601,800 from the General Revenue Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2019.

Appropriates $1,000,000 from the General Revenue Fund to the State Treasurer for refunds of accrued interest on protested tax cases.

Appropriates $13,132,960 from the State Pensions Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2019.

Appropriates $8,100,000 from the Bank Services Trust Fund to the State Treasurer for operational expenses authorized under the State Treasurer's Bank Services Trust Fund Act.

Appropriates $4,126,477,964 from the General Obligation Bond Retirement and Interest Fund ($2,546,512,317 for principal and $1,579,965,647 for interest) for payment of state bonded indebtedness issued under various bond acts.

Appropriates $1,000,000 from the General Obligation Bond Rebate Fund for arbitrage rebate payments to the United States government.

Appropriates $2,000,000 from the Charitable Trust Stabilization Fund for the State Treasurer's operational costs and grants to public and private entities under the Charitable Trust Stabilization Act.

Effective July 1, 2018.