Illinois State Museum Collection Trust Fund

20 ILCS 801/20-25, under STATE MUSEUM.

20 ILCS 801/20-25

(20 ILCS 801/20-25)     Sec. 20-25. Illinois State Museum Collection Trust Fund.     (a) The Illinois State Museum Collection Trust Fund is created as a trust fund outside the State treasury, to be held by the State Treasurer as ex officio custodian. The Fund shall receive all 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, other funds made available from any source, public or private, for the purposes of subsection (b).     (b) The moneys deposited into the Illinois State Museum Collection Trust Fund shall be used by the Department for the State Museum to:         (1) purchase objects of scientific, historic, and     artistic value; or        (2) maintain objects of scientific, historic, and     artistic value in the possession of the State Museum.    (c) Notwithstanding any other provision of law, the Illinois State Museum Collection Trust Fund is not subject to sweeps, administrative chargebacks, or any other fiscal maneuver that would in any way transfer any amounts from the Fund into any other fund of the State.

(Source: P.A. 104-466, eff. 6-16-26.)