|
Rep. Barbara Flynn Currie
Filed: 5/29/2011
| | 09700SB2194ham001 | | LRB097 10235 PJG 56534 a |
|
|
| 1 | | AMENDMENT TO SENATE BILL 2194
|
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 2194 by replacing |
| 3 | | everything after the enacting clause with the following:
|
| 4 | | "Section 5. The State Finance Act is amended by changing |
| 5 | | Section 6z-51 as follows:
|
| 6 | | (30 ILCS 105/6z-51)
|
| 7 | | Sec. 6z-51. Budget Stabilization Fund.
|
| 8 | | (a) The
The Budget Stabilization Fund, a special fund in |
| 9 | | the State Treasury,
shall consist of moneys appropriated or |
| 10 | | transferred to that Fund, as provided
in Section 6z-43 and as |
| 11 | | otherwise provided by law.
All earnings on Budget Stabilization |
| 12 | | Fund investments shall be deposited into
that Fund.
|
| 13 | | (b) The State Comptroller may direct the State Treasurer to |
| 14 | | transfer moneys
from the Budget Stabilization Fund to the |
| 15 | | General Revenue Fund in order to meet
cash flow deficits |
| 16 | | resulting from timing variations between disbursements
and the |