Illinois Compiled Statutes 30 ILCS 105 State Finance Act. Section 8.51

    (30 ILCS 105/8.51)

    Sec. 8.51. Transfers to the FY12 Hospital Relief Fund.

    (a) The FY12 Hospital Relief Fund is created as a special fund in the State treasury. Amounts may be expended from the Fund only pursuant to specific authorization by appropriation.

    (b) Notwithstanding any other State law to the contrary, the State Comptroller shall order transferred and the State Treasurer shall transfer $140,000,000 to the FY12 Hospital Relief Fund from the General Revenue Fund in equal quarterly installments with the first transfer to be made on the effective date of this amendatory Act of the 97th General Assembly, or as soon thereafter as practical, and with each of the remaining transfers to be made on February 1, 2012, April 1, 2012, and June 1, 2012, or as soon thereafter as practical.

(Source: P.A. 97-641, eff. 12-19-11.)

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Last modified: February 18, 2015