Bill Text: IL HB5289 | 2009-2010 | 96th General Assembly | Engrossed

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Bill Title: Amends the State Finance Act. Creates the Public Library Support Fund. Provides that, within 30 days after the first day of each State fiscal year, the State Comptroller and State Treasurer shall transfer from the General Revenue Fund to the Public Library Support Fund an amount equal $20,000 multiplied by the number of residents of each public library district in the State in which at least 60% of the residents report a household income at or below the federal poverty level. Provides that the Secretary of State shall use moneys in the Public Library Support Fund to make grants to those public library districts. Provides that no public library district may receive more than $20,000 per resident of that public library district from the Fund in any State fiscal year. Effective immediately.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Engrossed - Dead) 2010-04-20 - Added as Alternate Chief Co-Sponsor Sen. Jeffrey M. Schoenberg [HB5289 Detail]

Download: Illinois-2009-HB5289-Engrossed.html

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HB5289 Engrossed LRB096 16711 HLH 32001 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The State Finance Act is amended by adding
Sections 5.756 and 6z-82 as follows:
(30 ILCS 105/5.756 new)
Sec. 5.756. The Public Library Support Fund.
(30 ILCS 105/6z-82 new)
Sec. 6z-82. Public Library Support Fund; creation. The
Public Library Support Fund is created as a special fund in the
State treasury. Within 30 days after the first day of each
State fiscal year, the Secretary of State shall calculate an
amount equal to $20 multiplied by the number of residents of
each public library district in the State in which at least 30%
of the residents report a household income at or below the
federal poverty level. The Secretary of State shall certify the
calculated amount to the State Comptroller and direct the State
Comptroller to transfer the amount from the General Revenue
Fund to the Public Library Support Fund. Subject to
appropriation, the Secretary of State shall use moneys in the
Public Library Support Fund to make grants to those public
library districts. No public library district may receive more

HB5289 Engrossed - 2 - LRB096 16711 HLH 32001 b
than $20 per resident of that public library district from the
Fund in any State fiscal year. Any interest earned on moneys in
the Public Library Support Fund shall be deposited into the
Fund.
Section 99. Effective date. This Act takes effect upon
becoming law.