FINANCE-TRANSFER BETWEEN FUNDS
Amends the State Finance Act. Provides that, on March 31, 2003 or as soon as practicable thereafter, the amount of $300,000 shall be transferred from the Statistical Services Revolving Fund to the Illinois Military Family Relief Fund. Provides that, beginning on July 1, 2004, on the last day of each month, an amount equal to 50% of that day's beginning balance in the Illinois Military Family Relief Fund shall be transferred from the Illinois Military Family Relief Fund to the Statistical Services Revolving Fund. Provides that these transfers shall continue until the cumulative total of transfers executed from the Illinois Military Family Relief Fund to the Statistical Services Revolving Fund equals $300,000. Effective immediately.
Signed into law Aug 11, 2003
1 co-sponsor