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

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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

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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
SB0362 LRB097 04083 PJG 44122 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Accountability for the Investment of Public
Funds Act is amended by changing Section 5 as follows:
(30 ILCS 237/5)
Sec. 5. Definitions. As used in this Act:
"Public funds" means current operating funds, special
funds, interest and and sinking funds, and funds of any kind or
character belonging to or in the custody of any State agency.
"State agency" means those entities included in the
definition of "State agencies" in the Illinois State Auditing
Act.
(Source: P.A. 93-499, eff. 1-1-04.)