Bill Text: IL SB0362 | 2011-2012 | 97th General Assembly | Introduced


Bill Title: Amends the Accountability for the Investment of Public Funds Act. Makes a technical change in a Section concerning definitions.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB0362 Detail]

Download: Illinois-2011-SB0362-Introduced.html


97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB0362

Introduced 2/8/2011, by Sen. John J. Cullerton

SYNOPSIS AS INTRODUCED:
30 ILCS 237/5

Amends the Accountability for the Investment of Public Funds Act. Makes a technical change in a Section concerning definitions.
LRB097 04083 PJG 44122 b

A BILL FOR

SB0362LRB097 04083 PJG 44122 b
1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Accountability for the Investment of Public
5Funds Act is amended by changing Section 5 as follows:
6 (30 ILCS 237/5)
7 Sec. 5. Definitions. As used in this Act:
8 "Public funds" means current operating funds, special
9funds, interest and and sinking funds, and funds of any kind or
10character belonging to or in the custody of any State agency.
11 "State agency" means those entities included in the
12definition of "State agencies" in the Illinois State Auditing
13Act.
14(Source: P.A. 93-499, eff. 1-1-04.)
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