Illinois Compiled Statutes 30 ILCS 105 State Finance Act. Section 8.55

    (30 ILCS 105/8.55)

    Sec. 8.55. Interfund transfers. On or after July 1, 2004 and until June 30, 2005, in addition to any other transfers that may be provided for by law, at the direction of and upon notification from the Director of Healthcare and Family Services (formerly Director of Public Aid), the State Comptroller shall direct and the State Treasurer shall transfer amounts into the General Revenue Fund from the designated funds not exceeding the following totals:

    Hospital Provider Fund.........................$36,000,000

    Health and Human Services Medicaid Trust Fund.$124,000,000.

    Transfers of moneys under this Section may not exceed a total of $80,000,000 in any State fiscal year.

(Source: P.A. 93-841, eff. 7-30-04; 94-839, eff. 6-6-06.)

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Last modified: February 18, 2015