FUND TRANSFER-NOTIFY EC & FISC

Amends the State Finance Act. In provisions authorizing the Director of the Governor's Office of Management and Budget to (i) transfer to the General Revenue Fund from any fund held by the State Treasurer certain amounts of money to help defray the State's operating costs for the fiscal year and (ii) allocate the additional amounts generated by new and increased fees created or authorized by the General Assembly between the fund otherwise entitled to receive the fee and the General Revenue Fund according to certain parameters, provides that, if the Director of the Governor's Office of Management and Budget directs the State Treasurer and the Comptroller to transfer moneys into the General Revenue Fund under these provisions, he or she shall notify the Illinois Economic and Fiscal Commission of the direction to transfer the moneys and the amount directed to be transferred. Effective immediately.