Public Act 097-0044

SB1633 EnrolledLRB097 07085 HLH 47178 b



 AN ACT concerning State government.


 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 changing 
Sections 6z-51 and 6z-81 as follows:

 (30 ILCS 105/6z-51)

 Sec. 6z-51. Budget Stabilization Fund.


 (a) The Budget Stabilization Fund, a special fund in the 
State Treasury,
shall consist of moneys appropriated or 
transferred to that Fund, as provided
in Section 6z-43 and as 
otherwise provided by law.
All earnings on Budget Stabilization 
Fund investments shall be deposited into
that Fund.


 (b) The State Comptroller may direct the State Treasurer to 
transfer moneys
from the Budget Stabilization Fund to the 
General Revenue Fund in order to meet
cash flow deficits 
resulting from timing variations between disbursements
and the 
receipt
of funds within a fiscal year. Any moneys so borrowed 
in any fiscal year other than Fiscal Year 2011 shall be repaid 
by June
30 of the fiscal year in which they were borrowed.
Any 
moneys so borrowed in Fiscal Year 2011 shall be repaid no later 
than July 15, 2011. 

(Source: P.A. 92-11, eff. 6-11-01; 92-651, eff. 7-11-02; 
93-660, eff. 7-1-04.)


 (30 ILCS 105/6z-81)
 Sec. 6z-81. Healthcare Provider Relief Fund.
 (a) There is created in the State treasury a special fund 
to be known as the Healthcare Provider Relief Fund.
 (b) The Fund is created for the purpose of receiving and 
disbursing moneys in accordance with this Section. 
Disbursements from the Fund shall be made only as follows:
  (1) Subject to appropriation, for payment by the 
 Department of Healthcare and
Family Services or by the 
 Department of Human Services of medical bills and related 
 expenses, including administrative expenses, for which the 
 State is responsible under Titles XIX and XXI of the Social 
 Security Act, the Illinois Public Aid Code, the Children's 
 Health Insurance Program Act, the Covering ALL KIDS Health 
 Insurance Act, and the Senior Citizens and Disabled Persons 
 Property Tax Relief and Pharmaceutical Assistance Act.
  (2) For repayment of funds borrowed from other State

 funds or from outside sources, including interest thereon.
 (c) The Fund shall consist of the following:
  (1) Moneys received by the State from short-term

 borrowing pursuant to the Short Term Borrowing Act on or 
 after the effective date of this amendatory Act of the 96th 
 General Assembly.
  (2) All federal matching funds received by the
Illinois 
 Department of Healthcare and Family Services as a result of 
 expenditures made by the Department that are attributable 
 to moneys deposited in the Fund.
  (3) All federal matching funds received by the
Illinois 
 Department of Healthcare and Family Services as a result of 
 federal approval of Title XIX State plan amendment 
 transmittal number 07-09.
  (4) All other moneys received for the Fund from any

 other source, including interest earned thereon.
 (d) In addition to any other transfers that may be provided 
for by law, on the effective date of this amendatory Act of the 
97th General Assembly, or as soon thereafter as practical, the 
State Comptroller shall direct and the State Treasurer shall 
transfer the sum of $365,000,000 from the General Revenue Fund 
into the Healthcare Provider Relief Fund. 

(Source: P.A. 96-820, eff. 11-18-09; 96-1100, eff. 1-1-11.)


 Section 99. Effective date. This Act takes effect upon 
becoming law.