IL HB4124 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Finance Act. Provides that, continuing through the fourth quarter of fiscal year 2012 (rather than, until the sum of $31,200,000 is paid to the General Revenue Fund), the State Comptroller shall order transferred and the State Treasurer shall transfer from the Adeline Jay Geo-Karis Illinois Beach Marina Fund to the General Revenue Fund 35% of revenue deposited into the Adeline Geo-Karis Illinois Beach Marina Fund in any fiscal year. Provides that, continuing through the fourth quarter of fiscal year 2012 (rather than, until the sum of $8,000,000 is paid to the State Boating Act Fund), the State Comptroller shall order transferred and the State Treasurer shall transfer from the Adeline Jay Geo-Karis Illinois Beach Marina Fund to the State Boating Act Fund 15% of the revenue deposited into the Adeline Jay Geo-Karis Illinois Beach Marina Fund. Effective immediately.

Tracking Information

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Title

FINANCE-MARINA FUND TRANSFERS

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2012-01-25HouseReferred to Rules Committee
2012-01-25HouseFirst Reading
2012-01-25HouseFiled with the Clerk by Rep. JoAnn D. Osmond

Code Citations

ChapterArticleSectionCitation TypeStatute Text
301058.25cAmended CodeCitation Text

Illinois State Sources


Bill Comments

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