Illinois Compiled Statutes 30 ILCS 105 State Finance Act. Section 8.48

    (30 ILCS 105/8.48)

    Sec. 8.48. Reversal of transfers; limitation on transfers from certain funds.

    (a) Notwithstanding any State law to the contrary, on the effective date of this amendatory Act of the 96th General Assembly, the State Comptroller and the State Treasurer shall transfer to each of the following funds any amounts transferred from those funds to the FY09 Budget Relief Fund under subsection (b) or (c) of Section 8.46 prior to the effective date of this amendatory Act of the 96th General Assembly, as well as any interest accrued thereon since the date of the transfers:

        (1) the Abandoned Mined Lands Reclamation Set

    Aside Fund; and

        (2) the Land Reclamation Fund.

    On and after the effective date of this amendatory Act of the 96th General Assembly, no further transfers shall be made from the funds listed in items (1) and (2) of this subsection to the FY09 Budget Relief Fund pursuant to subsection (b) or (c) of Section 8.46.

    (b) Notwithstanding any State law to the contrary, on the effective date of this amendatory Act of the 96th General Assembly, the State Comptroller and the State Treasurer shall transfer to each of the following funds any interest accrued on amounts transferred from those funds to the FY09 Budget Relief Fund under subsection (b) or (c) of Section 8.46 since the date of the transfers and prior to the effective date of this amendatory Act of the 96th General Assembly:

        (1) the Wildlife and Fish Fund;

        (2) the Fish and Wildlife Endowment Fund;

        (3) the State Pheasant Fund;

        (4) the Illinois Habitat Endowment Trust Fund;

        (5) the Illinois Habitat Fund; and

        (6) the State Migratory Waterfowl Stamp Fund.

    On and after the effective date of this amendatory Act of the 96th General Assembly, no further transfers shall be made from the funds listed in items (1) through (6) of this subsection to the FY09 Budget Relief Fund pursuant to subsection (b) or (c) of Section 8.46.

(Source: P.A. 96-45, eff. 7-15-09.)

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Last modified: February 18, 2015