Bill Text: IL SB0265 | 2009-2010 | 96th General Assembly | Enrolled

---

Bill Title: Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2009-08-07 - Public Act . . . . . . . . . 96-0150 [SB0265 Detail]

Download: Illinois-2009-SB0265-Enrolled.html

---

SB0265 Enrolled LRB096 01715 RCE 11723 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. If and only if Senate Bill 1433 of the 96th
General Assembly becomes law, then the State Finance Act is
amended by changing Section 8.49 as follows:
(30 ILCS 105/8.49)
Sec. 8.49. Special fund transfers.
(a) In order to maintain the integrity of special funds and
improve stability in the General Revenue Fund, the following
transfers are authorized from the designated funds into the
General Revenue Fund:
Food and Drug Safety Fund..........................$6,800
Penny Severns Breast, Cervical, and
Ovarian Cancer Research Fund..................$33,300
Transportation Regulatory Fund.................$2,122,000
General Professions Dedicated Fund.............$3,511,900
Economic Research and Information Fund.............$1,120
Illinois Department of Agriculture
Laboratory Services Revolving Fund............$12,825
Drivers Education Fund.........................$2,244,000
Aeronautics Fund..................................$25,360
Fire Prevention Fund..........................$10,400,000

SB0265 Enrolled - 2 - LRB096 01715 RCE 11723 b
Rural/Downstate Health Access Fund.................$1,700
Mental Health Fund............................$24,560,000
Illinois State Pharmacy Disciplinary Fund......$2,054,100
Public Utility Fund..............................$960,175
Alzheimer's Disease Research Fund................$112,500
Radiation Protection Fund.........................$92,250
Natural Heritage Endowment Trust Fund............$250,000
Firearm Owner's Notification Fund................$256,400
EPA Special State Projects Trust Fund..........$3,760,000
Solid Waste Management Fund....................$1,200,000
Illinois Gaming Law Enforcement Fund.............$141,000
Subtitle D Management Fund.......................$375,000
Illinois State Medical Disciplinary Fund......$11,277,200
Cemetery Consumer Protection Fund................$658,000
Assistance to the Homeless Fund...................$13,800
Accessible Electronic Information
Service Fund..................................$10,000
CDLIS/AAMVAnet Trust Fund........................$110,000
Comptroller's Audit Expense Revolving Fund........$31,200
Community Health Center Care Fund................$450,000
Safe Bottled Water Fund...........................$15,000
Facility Licensing Fund..........................$363,600
Hansen-Therkelsen Memorial Deaf
Student College Fund.........................$503,700
Illinois Underground Utility Facilities
Damage Prevention Fund........................$29,600

SB0265 Enrolled - 3 - LRB096 01715 RCE 11723 b
School District Emergency Financial
Assistance Fund............................$2,059,200
Mental Health Transportation Fund....................$859
Registered Certified Public Accountants'
Administration and Disciplinary Fund..........$34,600
State Crime Laboratory Fund......................$142,880
Agrichemical Incident Response Trust Fund.........$80,000
General Assembly Computer Equipment
Revolving Fund...............................$101,600
Weights and Measures Fund........................$625,000
Illinois School Asbestos Abatement Fund..........$299,600
Injured Workers' Benefit Fund..................$3,290,560
Violence Prevention Fund..........................$79,500
Professional Regulation Evidence Fund..............$5,000
IPTIP Administrative Trust Fund..................$500,000
Diabetes Research Checkoff Fund....................$8,800
Ticket For The Cure Fund.......................$1,200,000
Capital Development Board Revolving Fund.........$346,000
Professions Indirect Cost Fund.................$2,144,500
State Police DUI Fund............................$166,880
Medicaid Fraud and Abuse Prevention Fund..........$20,000
Illinois Health Facilities Planning Fund.......$1,392,400
Emergency Public Health Fund.....................$875,000
TOMA Consumer Protection Fund.....................$50,000
ISAC Accounts Receivable Fund.....................$24,240
Fair and Exposition Fund.......................$1,257,920

SB0265 Enrolled - 4 - LRB096 01715 RCE 11723 b
Department of Labor Special State Trust Fund.....$409,000
Public Health Water Permit Fund...................$24,500
Nursing Dedicated and Professional Fund........$9,988,400
Optometric Licensing and Disciplinary
Board Fund...................................$995,800
Water Revolving Fund...............................$4,960
Methamphetamine Law Enforcement Fund..............$50,000
Long Term Care Monitor/Receiver Fund...........$1,700,000
Home Care Services Agency Licensure Fund..........$48,000
Community Water Supply Laboratory Fund...........$600,000
Motor Fuel and Petroleum Standards Fund...........$41,416
Fertilizer Control Fund..........................$162,520
Regulatory Fund..................................$307,824
Used Tire Management Fund......................$8,853,552
Natural Areas Acquisition Fund.................$1,000,000
Working Capital Revolving Fund.................$6,450,000
Tax Recovery Fund.................................$29,680
Professional Services Fund.....................$3,500,000
Treasurer's Rental Fee Fund......................$155,000
Public Health Laboratory Services
Revolving Fund...............................$450,000
Provider Inquiry Trust Fund......................$200,000
Audit Expense Fund.............................$5,972,190
Law Enforcement Camera Grant Fund..............$2,631,840
Child Labor and Day and Temporary Labor
Services Enforcement Fund....................$490,000

SB0265 Enrolled - 5 - LRB096 01715 RCE 11723 b
Lead Poisoning Screening, Prevention,
and Abatement Fund...........................$100,000
Health and Human Services Medicaid
Trust Fund.................................$6,920,000
Prisoner Review Board Vehicle and
Equipment Fund...............................$147,900
Drug Treatment Fund............................$4,400,000
Feed Control Fund................................$625,000
Tanning Facility Permit Fund......................$20,000
Innovations in Long-Term Care Quality
Demonstration Grants Fund....................$300,000
Plumbing Licensure and Program Fund............$1,585,600
State Treasurer's Bank Services Trust Fund.....$6,800,000
State Police Motor Vehicle Theft
Prevention Trust Fund.........................$46,500
Insurance Premium Tax Refund Fund.................$58,700
Appraisal Administration Fund....................$378,400
Small Business Environmental Assistance Fund......$24,080
Regulatory Evaluation and Basic
Enforcement Fund.............................$125,000
Gaining Early Awareness and Readiness
for Undergraduate Programs Fund...............$15,000
Trauma Center Fund.............................$4,000,000
EMS Assistance Fund..............................$110,000
State College and University Trust Fund...........$20,204
University Grant Fund..............................$5,608

SB0265 Enrolled - 6 - LRB096 01715 RCE 11723 b
DCEO Projects Fund.............................$1,000,000
Alternate Fuels Fund...........................$2,000,000
Multiple Sclerosis Research Fund..................$27,200
Livestock Management Facilities Fund..............$81,920
Second Injury Fund...............................$615,680
Agricultural Master Fund.........................$136,984
High Speed Internet Services and
Information Technology Fund................$3,300,000
Illinois Tourism Tax Fund........................$250,000
Human Services Priority Capital Program Fund...$7,378,400
Warrant Escheat Fund...........................$1,394,161
State Asset Forfeiture Fund......................$321,600
Police Training Board Services Fund................$8,000
Federal Asset Forfeiture Fund......................$1,760
Department of Corrections Reimbursement
and Education Fund...........................$250,000
Health Facility Plan Review Fund...............$1,543,600
Domestic Violence Abuser Services Fund............$11,500
LEADS Maintenance Fund...........................$166,800
State Offender DNA Identification
System Fund..................................$615,040
Illinois Historic Sites Fund.....................$250,000
Comptroller's Administrative Fund................$134,690
Public Pension Regulation Fund.................$1,000,000
Workforce, Technology, and Economic
Development ...............................$2,000,000

SB0265 Enrolled - 7 - LRB096 01715 RCE 11723 b
Pawnbroker Regulation Fund........................$26,400
Renewable Energy Resources Trust Fund.........$13,408,328
Charter Schools Revolving Loan Fund...............$82,000
School Technology Revolving Loan Fund..........$1,230,000
Energy Efficiency Trust Fund...................$1,490,000
Pesticide Control Fund...........................$625,000
Juvenile Accountability Incentive Block
Grant Fund................................... $10,000
Multiple Sclerosis Assistance Fund.................$8,000
Temporary Relocation Expenses Revolving
Grant Fund...................................$460,000
Partners for Conservation Fund.................$8,200,000
Fund For Illinois' Future......................$3,000,000
Wireless Carrier Reimbursement Fund...........$13,650,000
International Tourism Fund.....................$5,043,344
Illinois Racing Quarterhorse Breeders Fund.........$1,448
Death Certificate Surcharge Fund.................$900,000
State Police Wireless Service
Emergency Fund.............................$1,329,280
Illinois Adoption Registry and
Medical Information Exchange Fund..............$8,400
Auction Regulation Administration Fund...........$361,600
DHS State Projects Fund..........................$193,900
Auction Recovery Fund..............................$4,600
Motor Carrier Safety Inspection Fund.............$389,840
Coal Development Fund............................$320,000

SB0265 Enrolled - 8 - LRB096 01715 RCE 11723 b
State Off-Set Claims Fund........................$400,000
Illinois Student Assistance Commission
Contracts and Grants Fund....................$128,850
DHS Private Resources Fund.....................$1,000,000
Assisted Living and Shared Housing
Regulatory Fund..............................$122,400
State Police Whistleblower Reward
and Protection Fund........................$3,900,000
Illinois Standardbred Breeders Fund..............$134,608
Post Transplant Maintenance and
Retention Fund................................$85,800
Spinal Cord Injury Paralysis Cure
Research Trust Fund..........................$300,000
Organ Donor Awareness Fund.......................$115,000
Community Mental Health Medicaid Trust Fund....$1,030,900
Illinois Clean Water Fund......................$8,649,600
Tobacco Settlement Recovery Fund..............$10,000,000
Alternative Compliance Market Account Fund.........$9,984
Group Workers' Compensation Pool
Insolvency Fund...............................$42,800
Medicaid Buy-In Program Revolving Fund.........$1,000,000
Home Inspector Administration Fund.............$1,225,200
Real Estate Audit Fund.............................$1,200
Marine Corps Scholarship Fund.....................$69,000
Tourism Promotion Fund........................$30,000,000
Oil Spill Response Fund............................$4,800

SB0265 Enrolled - 9 - LRB096 01715 RCE 11723 b
Presidential Library and Museum
Operating Fund...............................$169,900
Nuclear Safety Emergency Preparedness Fund.....$6,000,000
DCEO Energy Projects Fund......................$2,176,200
Dram Shop Fund...................................$500,000
Illinois State Dental Disciplinary Fund..........$187,300
Hazardous Waste Fund.............................$800,000
Natural Resources Restoration Trust Fund...........$7,700
State Fair Promotional Activities Fund.............$1,672
Continuing Legal Education Trust Fund.............$10,550
Environmental Protection Trust Fund..............$625,000
Real Estate Research and Education Fund........$1,081,000
Federal Moderate Rehabilitation
Housing Fund..................................$44,960
Domestic Violence Shelter and Service Fund........$55,800
Snowmobile Trail Establishment Fund................$5,300
Drug Traffic Prevention Fund......................$11,200
Traffic and Criminal Conviction
Surcharge Fund.............................$5,400,000
Design Professionals Administration
and Investigation Fund........................$73,200
Public Health Special State Projects Fund......$1,900,000
Petroleum Violation Fund...........................$1,080
State Police Services Fund.....................$7,082,080
Illinois Wildlife Preservation Fund................$9,900
Youth Drug Abuse Prevention Fund.................$133,500

SB0265 Enrolled - 10 - LRB096 01715 RCE 11723 b
Insurance Producer Administration Fund........$13,820,000
Coal Technology Development Assistance Fund....$1,856,000
Child Abuse Prevention Fund......................$250,000
Hearing Instrument Dispenser Examining
and Disciplinary Fund.........................$50,400
Low-Level Radioactive Waste Facility
Development and Operation Fund.............$1,000,000
Environmental Protection Permit and
Inspection Fund..............................$755,775
Landfill Closure and Post-Closure Fund.............$2,480
Narcotics Profit Forfeiture Fund..................$86,900
Illinois State Podiatric Disciplinary Fund.......$200,000
Vehicle Inspection Fund........................$5,000,000
Local Tourism Fund............................$10,999,280
Illinois Capital Revolving Loan Fund...........$3,856,904
Illinois Equity Fund...............................$3,520
Large Business Attraction Fund....................$13,560
International and Promotional Fund................$42,040
Public Infrastructure Construction
Loan Revolving Fund........................$2,811,232
Insurance Financial Regulation Fund............$7,531,180
TOTAL $356,038,973
All of these transfers shall be made in equal quarterly
installments with the first made on July 1, 2009, or as soon
thereafter as practical, and with the remaining transfers to be
made on October 1, January 1, and April 1, or as soon

SB0265 Enrolled - 11 - LRB096 01715 RCE 11723 b
thereafter as practical. These transfers shall be made
notwithstanding any other provision of State law to the
contrary.
(b) On and after the effective date of this amendatory Act
of the 96th General Assembly through June 30, 2010, when any of
the funds listed in subsection (a) have insufficient cash from
which the State Comptroller may make expenditures properly
supported by appropriations from the fund, then the State
Treasurer and State Comptroller shall transfer from the General
Revenue Fund to the fund only such amount as is immediately
necessary to satisfy outstanding expenditure obligations on a
timely basis, subject to the provisions of the State Prompt
Payment Act. All or a portion of the amounts transferred from
the General Revenue Fund to a fund pursuant to this subsection
(b) from time to time may be re-transferred by the State
Comptroller and the State Treasurer from the receiving fund
into the General Revenue Fund as soon as and to the extent that
deposits are made into or receipts are collected by the
receiving fund.
(c) If the Director of the Governor's Office of Management
and Budget determines that any transfer to the General Revenue
Fund from a special fund under subsection (a) either (i)
jeopardizes federal funding based on a written communication
from a federal official or (ii) violates an order of a court of
competent jurisdiction, then the Director may order the State
Treasurer and State Comptroller, in writing, to transfer from

SB0265 Enrolled - 12 - LRB096 01715 RCE 11723 b
the General Revenue Fund to that listed special fund all or
part of the amounts transferred from that special fund under
subsection (a).
(Source: 09600SB1433enr.)
Section 99. Effective date. This Act takes effect upon
becoming law.