Illinois HB5205 amends the State Comptroller Act to allow the Comptroller to transfer funds for specific purposes with State Treasurer approval.
Illinois HB5205 modifies the State Comptroller Act to authorize the Comptroller to transfer funds for specific purposes with State Treasurer approval. These transfers include funding for universities, the Illinois Mathematics and Science Academy, and the Department of Natural Resources for activities at the World Shooting and Recreational Complex. The bill also allows for transfers to the Department of Agriculture for State Fair activities and to the State Treasurer for securities' safekeeping charges. The transfers are subject to the imprest system and specific limits.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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