Chapter 30 — FINANCE

(30 ILCS 167/40) Sec. 40. Severability. (a) If any provision of this Act or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this Act that can be given effect without the invalid provision or applica…

(30 ILCS 167/5) Sec. 5. Findings; purpose. The General Assembly finds that violations of the Tobacco Product Manufacturers' Escrow Act threaten the integrity of the tobacco Master Settlement Agreement, the fiscal soundness of the State, and the public health. The General Assembly…

(30 ILCS 168/1) Sec. 1. Short title. This Act may be cited as the Tobacco Product Manufacturers' Escrow Act. (Source: P.A. 91-41, eff. 6-30-99.)

(30 ILCS 168/10) Sec. 10. Definitions. As used in this Act: "Adjusted for inflation" means increased in accordance with the formula for inflation adjustment set forth in Exhibit C to the Master Settlement Agreement. "Affiliate" means a person who directly or indirectly owns or co…

(30 ILCS 168/15) Sec. 15. Requirements. (a) Any tobacco product manufacturer selling cigarettes to consumers within the State of Illinois (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) after the effective date of this Act shall do…

(30 ILCS 168/20) Sec. 20. If this amendatory Act of the 93rd General Assembly or any portion of the amendment to subdivision (2)(B)(ii) of subsection (a) of Section 15 made by this amendatory Act of the 93rd General Assembly is held by a court of competent jurisdiction to be unco…

(30 ILCS 168/5) Sec. 5. Findings and Purpose. (a) Cigarette smoking presents serious public health concerns to the State of Illinois and to the citizens of the State. The Surgeon General has determined that smoking causes lung cancer, heart disease, and other serious diseases, an…

(30 ILCS 168/999) Sec. 999. Effective Date. This Act takes effect upon becoming law. (Source: P.A. 91-41, eff. 6-30-99.)

(30 ILCS 171/3-1) Sec. 3-1. Short title. This Act may be cited as the Railsplitter Tobacco Settlement Authority Act. References in the Article to "this Act" mean this Article. (Source: P.A. 96-958, eff. 7-1-10.)

(30 ILCS 171/3-10) Sec. 3-10. Bonds as legal investments. The State and all counties, cities, villages, incorporated towns and other municipal corporations, political subdivisions and public bodies, and public officers of any thereof, all banks, bankers, trust companies, savings …

(30 ILCS 171/3-12) Sec. 3-12. Exemption from taxation. It is hereby determined that the creation of the Authority and the carrying out of its corporate purposes are in all respects for the benefit of the people of the State and are public purposes. Accordingly, the property of th…

(30 ILCS 171/3-13) Sec. 3-13. Illinois State Auditing Act. The Auditor General shall conduct financial audits and program audits of the Authority, in accordance with the Illinois State Auditing Act. (Source: P.A. 96-958, eff. 7-1-10.)

(30 ILCS 171/3-15) Sec. 3-15. Supplemental nature of Act; construction and purpose. The powers conferred by this Act shall be in addition to and supplemental to the powers conferred by any other law, general or special, and may be exercised notwithstanding the provisions of any o…

(30 ILCS 171/3-16) Sec. 3-16. Severability. If any provision of this Act is held invalid, such provision shall be deemed to be excised and the invalidity thereof shall not affect any of the other provisions of this Act. If the application of any provision of this Act to any perso…

(30 ILCS 171/3-2) Sec. 3-2. Definitions. In this Act words or terms shall have the following meanings unless the context or usage clearly indicates that another meaning is intended. (a) "Authority" means the Railsplitter Tobacco Settlement Authority created and established pursua…

(30 ILCS 171/3-3) Sec. 3-3. Transfer and sale of State's right to tobacco settlement revenues. During fiscal years 2010 and 2011, the State may sell, convey, or otherwise transfer to the Authority the tobacco settlement revenues in exchange for the net proceeds of bonds and a rig…

(30 ILCS 171/3-4) Sec. 3-4. Establishment and Powers of Authority. The Authority is hereby established as a special purpose corporation which shall be body corporate and politic of, but having a legal existence independent and separate from, the State and, accordingly, the assets…

(30 ILCS 171/3-5) Sec. 3-5. Certain powers of the Authority. The Authority shall have the power to: (1) sue and be sued; (2) have a seal and alter the same at pleasure; (3) make and alter by-laws for its organization and internal management and make rules and regulations governin…

(30 ILCS 171/3-6) Sec. 3-6. Bonds of the Authority. (a) The Authority shall have power and is hereby authorized to issue bonds, in an amount no greater than $1,750,000,000, to provide sufficient funds for the purchase of all or a portion of the tobacco settlement revenues pursuan…

(30 ILCS 171/3-7) Sec. 3-7. State not liable on bonds or related bond facilities. No bond or related bond facility shall constitute an indebtedness or an obligation of the State of Illinois or any subdivision thereof, within the purview of any constitutional or statutory limitati…

(30 ILCS 171/3-8) Sec. 3-8. Agreement with the State. (a) The State pledges and agrees with the Authority, and the owners of the bonds of the Authority in which the Authority has included such pledge and agreement, that the State shall (i) irrevocably direct the escrow agent unde…

(30 ILCS 171/3-9) Sec. 3-9. Enforcement of contract. The provisions of this Act and of any resolution or proceeding authorizing the issuance of bonds or a related bond facility shall constitute a contract with the holders of the bonds or the related bond facility, and the provisi…

(30 ILCS 171/97-1) Sec. 97-1. Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 96-958, eff. 7-1-10.)

(30 ILCS 171/99-1) Sec. 99-1. Effective date. This Act takes effect upon becoming law. (Source: P.A. 96-958, eff. 7-1-10.)

(30 ILCS 178/5-1) Sec. 5-1. Short title. This Article may be cited as the Transportation Funding Protection Act. References in this Article to "this Act" mean this Article. (Source: P.A. 101-32, eff. 6-28-19.)

(30 ILCS 178/5-10) Sec. 5-10. Transportation funding. (a) It is known that transportation funding is generated by several transportation fees outlined in Section 2 of the Motor Fuel Tax Act, Section 5-1035.1 of the Counties Code, Section 8-11-2.3 of the Illinois Municipal Code, a…

(30 ILCS 178/999) Sec. 999. Effective date. This Act takes effect upon becoming law. (Source: P.A. 101-32, eff. 6-28-19.)

(30 ILCS 188/1-1) Sec. 1-1. Short title. This Act may be cited as the FY2011 Budget Implementation (Finance) Act. (Source: P.A. 96-959, eff. 7-1-10.)

(30 ILCS 188/1-10) Sec. 1-10. (Repealed). (Source: P.A. 96-959, eff. 7-1-10. Repealed internally, eff. 6-30-11.)

(30 ILCS 188/1-5) Sec. 1-5. Purpose. It is the purpose of this Act to make changes in State programs that are necessary to implement the Governor's Fiscal Year 2011 budget recommendations concerning finance. (Source: P.A. 96-959, eff. 7-1-10.)

(30 ILCS 188/95-95) Sec. 95-95. Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 96-959, eff. 7-1-10.)

(30 ILCS 188/99-99) Sec. 99-99. Effective date. This Act takes effect July 1, 2010. (Source: P.A. 96-959, eff. 7-1-10.)

(30 ILCS 205/0.01) (from Ch. 15, par. 100) Sec. 0.01. Short title. This Act may be cited as the Uncollected State Claims Act. (Source: P.A. 86-1324.)

(30 ILCS 205/1) (from Ch. 15, par. 101) Sec. 1. As used in this Act, "State agency" means any office, officer, department, commission, board, bureau, division, school, college, university, institution or other agency or unit of the State government subject to audit by the State C…

(30 ILCS 205/2) (from Ch. 15, par. 102) Sec. 2. (a) When any State agency is unable to collect any claim or account receivable of $1,000 or more due the agency after having pursued the procedure prescribed by law or applicable rules and regulations for the collection thereof or, …

(30 ILCS 205/2.1) Sec. 2.1. Sale of debts certified as uncollectible. After accounts have been certified by the Attorney General, or the State agency for accounts of less than $1,000, as uncollectible pursuant to this Act, the Department of Revenue may sell the debts to one or mo…

(30 ILCS 210/1) (from Ch. 15, par. 151) Sec. 1. This Act shall be known and may be cited as the "Illinois State Collection Act of 1986". (Source: P.A. 84-1344.)

(30 ILCS 210/10) Sec. 10. Department of Revenue Debt Collection Bureau to assume collection duties. (a) The Department of Revenue's Debt Collection Bureau shall serve as the primary debt collecting entity for the State and in that role shall collect debts on behalf of agencies of…

(30 ILCS 210/10.1) Sec. 10.1. Collection agency fees. Except where prohibited by federal law or regulation, in the case of any liability referred to a collection agency on or after July 1, 2010, any fee charged to the State by the collection agency (i) may not exceed 25% for a fi…

(30 ILCS 210/10.2) Sec. 10.2. Deferral and compromise of past due debt. (a) In this Section, "past due debt" means any debt owed to the State that has been outstanding for more than 12 months. "Past due debt" does not include any debt if any of the actions required under this Sec…

(30 ILCS 210/2) (from Ch. 15, par. 152) Sec. 2. This Act applies to all accounts or claims owed to "State agencies", as that term is defined in the Illinois State Auditing Act, except that the debt collection and write-off provisions of this Act shall not apply to the Illinois St…

(30 ILCS 210/3) (from Ch. 15, par. 153) Sec. 3. Policy. It is hereby declared to be the public policy of this State to aggressively pursue the collection of accounts or claims due and payable to the State of Illinois through all reasonable means. To this end, this Act is suppleme…

(30 ILCS 210/4) (from Ch. 15, par. 154) Sec. 4. (a) The Comptroller shall provide by rule appropriate procedures for State agencies to follow in establishing and recording within the State accounting system records of amounts owed to the State of Illinois. The rules of the Comptr…

(30 ILCS 210/5) (from Ch. 15, par. 155) Sec. 5. Rules; payment plans; offsets. (a) Until July 1, 2004 for the Department of Public Aid and July 1, 2005 for Universities and all other State agencies, State agencies shall adopt rules establishing formal due dates for amounts owing …

(30 ILCS 210/6) (from Ch. 15, par. 156) Sec. 6. (Repealed). (Source: P.A. 93-570, eff. 8-20-03. Repealed internally, eff. 7-1-04.)

(30 ILCS 210/7) (from Ch. 15, par. 157) Sec. 7. Upon agreement of the Attorney General, the Bureau may contract for legal assistance in collecting past due accounts. Any contract entered into under this Section before the effective date of this amendatory Act of the 93rd General …

(30 ILCS 210/8) Sec. 8. (Repealed). (Source: P.A. 93-570, eff. 8-20-03. Repealed by P.A. 96-493, eff. 1-1-10.)

(30 ILCS 210/9) (Section 9 as added by 96-1383 was renumbered as Section 10.1 in P.A. 97-333. Section 9 as added by 96-1435 was renumbered as Section 10.2 in P.A. 97-333.) Sec. 9. (Amendatory provisions; text omitted). (Source: P.A. 96-1383, eff. 1-1-11; 96-1435, eff. 8-16-10; te…

(30 ILCS 212/1) Sec. 1. Short title. This Act may be cited as the State Treasurer's Bank Services Trust Fund Act. (Source: P.A. 87-1035.)

(30 ILCS 212/10) Sec. 10. Creation of Fund. There is hereby created in the State treasury a special fund to be known as the State Treasurer's Bank Services Trust Fund. Moneys deposited in the Fund shall be used by the State Treasurer to pay the cost of the following banking servi…