HB5157 amends the State Finance Act to adjust fund transfers from the Adeline Jay Geo-Karis Illinois Beach Marina Fund.
HB5157 modifies the State Finance Act by changing the allocation of funds from the Adeline Jay Geo-Karis Illinois Beach Marina Fund. Specifically, it mandates the transfer of 15% of the revenue from this fund to the State Boating Act Fund, with these transfers directed by the Department of Natural Resources. Additionally, the bill allows for the transfer of 35% of the revenue to the General Revenue Fund, contingent on appropriations by the General Assembly. The fund itself is designated for expenditures related to the North Point Marina State Recreation Area in Lake County.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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