Bill Text: IL HB0543 | 2009-2010 | 96th General Assembly | Engrossed
Bill Title: Amends the State Finance Act. In fiscal year 2016 and in each fiscal year thereafter, requires the transfer from the General Revenue Fund to the Agricultural Premium Fund and the Fair and Exposition Fund of amounts equal to 100% of the total statutory payments required from those special funds for that fiscal year to county fairs and fair and exposition authorities under the Agricultural Fair Act. In each of the fiscal years 2011 through 2015, requires transfer of an amount equal to a lower, specified percentage of those total statutory payments. Provides that the required transfer amounts are the maximum amounts to be transferred in each fiscal year, notwithstanding any other law to the contrary. Amends the Agricultural Fair Act. With respect to the distribution formula for premiums to county fairs, uses either of the 2 previous fiscal years (now, either fiscal year 1984 or 1985).
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Engrossed - Dead) 2010-06-27 - Rule 19(b) / Re-referred to Rules Committee [HB0543 Detail]
Download: Illinois-2009-HB0543-Engrossed.html
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| 1 | AN ACT concerning finance.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Agricultural Fair Act is amended by changing | ||||||
| 5 | Section 1 as follows:
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| 6 | (30 ILCS 120/1) (from Ch. 85, par. 651)
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| 7 | Sec. 1.
This Act may be cited as the
the
Agricultural Fair | ||||||
| 8 | Act. | ||||||
| 9 | (Source: P.A. 77-1208.)
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