Establishes the Illinois State Museum Collection Trust Fund to manage funds for the State Museum.
HB4734 creates the Illinois State Museum Collection Trust Fund as a nonappropriated trust fund in the State treasury. The Fund will receive moneys from the deaccession of objects of scientific, historic, and artistic value in the possession of the State Museum and may also receive transfers, awards, deposits, or other funds from any public or private source for the purposes of the Fund. The Department of Natural Resources will use the moneys in the Fund to purchase and maintain objects for the State Museum.
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