Chapter 30 — FINANCE

(30 ILCS 212/15) Sec. 15. Fund deposits and payments. The State Treasurer shall transfer each month from the General Revenue Fund to the State Treasurer's Bank Services Trust Fund one-twelfth of the amount appropriated annually by the General Assembly for this purpose. The Treasu…

(30 ILCS 212/2) Sec. 2. Policy. The State Treasurer has been granted authority to enter into banking service agreements with financial institutions to carry out his or her constitutional and statutory responsibilities. Public entities have traditionally paid for services rendered…

(30 ILCS 212/25) Sec. 25. This Act takes effect upon becoming law. (Source: P.A. 87-1035.)

(30 ILCS 215/0.01) (from Ch. 23, par. 4000) Sec. 0.01. Short title. This Act may be cited as the Gifts to State for Charitable Use Act. (Source: P.A. 86-1324.)

(30 ILCS 215/1) (from Ch. 23, par. 4001) Sec. 1. Whenever any grant, gift, donation or legacy of real or personal property has been or shall be, directly or indirectly, made to or for the use of the state or any state hospital for the mentally ill or mentally deficient, or other …

(30 ILCS 225/0.01) (from Ch. 102, par. 33.9) Sec. 0.01. Short title. This Act may be cited as the Public Funds Deposit Act. (Source: P.A. 86-1324.)

(30 ILCS 225/1) (from Ch. 102, par. 34) Sec. 1. Deposits. Any treasurer or other custodian of public funds may deposit such funds in a savings and loan association, savings bank, or State or national bank in this State, or deposit those funds into demand deposit accounts in accor…

(30 ILCS 225/2) (from Ch. 102, par. 35) Sec. 2. Nothing in this Act shall be construed to preclude the deposit of public funds in accordance with any other Act applicable thereto or to subject any treasurer or other custodian to any liability to which he would not be subject in t…

(30 ILCS 230/1) (from Ch. 127, par. 170) Sec. 1. Application of Act; exemptions. The officers of the Executive Department of the State Government, the Clerk of the Supreme Court, the Clerks of the Appellate Courts, the Departments of the State government created by the Civil Admi…

(30 ILCS 230/2) (from Ch. 127, par. 171) Sec. 2. Accounts of money received; payment into State treasury. (a) Every officer, board, commission, commissioner, department, institution, arm or agency brought within the provisions of this Act by Section 1 shall keep in proper books a…

(30 ILCS 230/2A.2) (from Ch. 127, par. 172b) Sec. 2A.2. No officer or employee of this State shall create or maintain or participate in a trust fund or bank or savings and loan association deposit of any money received by him by virtue of his office or employment except as provid…

(30 ILCS 230/2a) (from Ch. 127, par. 172) (Text of Section before amendment by P.A. 104-457) Sec. 2a. Every officer, board, commission, commissioner, department, institute, arm, or agency to whom or to which this Act applies is to notify the State Treasurer as to money paid to hi…

(30 ILCS 230/2a.1) (from Ch. 127, par. 172a) Sec. 2a.1. Payment of money under protest to every officer, board, commission, commissioner, department, institute, arm or agency authorized to receive moneys for or on behalf of the State shall be noted by the payer as paid under prot…

(30 ILCS 230/2a.3) (from Ch. 127, par. 172c) Sec. 2a.3. Accounting and Deposit of Indirect Cost Recoveries. Every officer, board, commission, commissioners, department, institution, arm or agency to whom this Act applies which is eligible for indirect cost reimbursements shall ma…

(30 ILCS 230/2b) (from Ch. 127, par. 173) Sec. 2b. Any State officer or other person who wilfully violates any provision of this Act for which a penalty is not otherwise prescribed or who wilfully neglects and refuses to perform any duty imposed upon such person by the terms of t…

(30 ILCS 230/2c) (from Ch. 127, par. 173a) Sec. 2c. Every such officer, board, commission, commissioner, department, institution, arm or agency is authorized to demand and receive a bond and securities in amount and kind satisfactory to him from any bank or savings and loan assoc…

(30 ILCS 230/2d) (from Ch. 127, par. 173b) Sec. 2d. Every such bond and/or securities, either or both of them heretofore so received by any such officer, board, commission, commissioner, department, institution, arm or agency in the same manner as is provided in section 2c, is he…

(30 ILCS 230/2e) (from Ch. 127, par. 173c) Sec. 2e. (a) If moneys received by a State agency and deposited pursuant to this Act are determined to be subject to refund due to an overpayment or erroneous payment, the Comptroller, upon receipt of such documentation as he may require…

(30 ILCS 230/4) (from Ch. 127, par. 175) Sec. 4. The State Comptroller shall prescribe a uniform form and system of receipts for use when money is received for or on behalf of the State and it is the duty of all officers, boards, commissions, commissioners, departments, instituti…

(30 ILCS 230/5) (from Ch. 127, par. 176) Sec. 5. Any officer named herein, or any officer, or employee of any board, commission, commissioner, department or institution, receiving money, who shall wilfully fail or neglect to keep a detailed itemized account of all moneys received…

(30 ILCS 230/5a) Sec. 5a. The Secretary of State shall deposit all fees into the funds specified in the statute imposing or authorizing the fee no more than 30 days after receipt of the fee by the Secretary of State. (Source: P.A. 93-839, eff. 7-30-04.)

(30 ILCS 230/6) (from Ch. 127, par. 176a) Sec. 6. This Act shall not apply to contributions or other moneys collected pursuant to the provisions of the Unemployment Insurance Act. (Source: P.A. 91-357, eff. 7-29-99.)

(30 ILCS 230/6a) (from Ch. 127, par. 176a.1) Sec. 6a. This Act shall be known and may be cited as the "State Officers and Employees Money Disposition Act". (Source: P.A. 83-1362.)

(30 ILCS 235/0.01) (from Ch. 85, par. 900) Sec. 0.01. Short title. This Act may be cited as the Public Funds Investment Act. (Source: P.A. 86-1324.)

(30 ILCS 235/1) (from Ch. 85, par. 901) Sec. 1. The words "public funds", as used in this Act, mean current operating funds, special funds, interest and sinking funds, and funds of any kind or character belonging to or in the custody of any public agency. The words "public agency…

(30 ILCS 235/2) (from Ch. 85, par. 902) Sec. 2. Authorized investments. (a) Any public agency may invest any public funds as follows: (1) in bonds, notes, certificates of indebtedness, treasury bills or other securities now or hereafter issued, which are guaranteed by the full fa…

(30 ILCS 235/2.10) Sec. 2.10. Unit of local government; deposit at reduced rate of interest. The treasurer of a unit of local government may, in his or her discretion, deposit public moneys of that unit of local government in a financial institution pursuant to an agreement that …

(30 ILCS 235/2.3) Sec. 2.3. Russian or Belarusian investments prohibited. Notwithstanding any provision of law to the contrary, a public agency shall not invest public funds in Russian or Belarusian sovereign debt, Russian or Belarusian government-backed securities, any investmen…

(30 ILCS 235/2.5) Sec. 2.5. Investment policy. (a) Investment of public funds by a public agency shall be governed by a written investment policy adopted by the public agency. The level of detail and complexity of the investment policy shall be appropriate to the nature of the fu…

(30 ILCS 235/3) (from Ch. 85, par. 903) Sec. 3. If any securities, purchased under authority of Section 2 hereof, are issuable to a designated payee or to the order of a designated payee, then the public agency shall be so designated, and further, if such securities are purchased…

(30 ILCS 235/4) (from Ch. 85, par. 904) Sec. 4. All securities purchased under the authority of this Act shall be held for the benefit of the public agency which purchased them, and if purchased with money taken from a particular fund, such securities shall be credited to and dee…

(30 ILCS 235/5) (from Ch. 85, par. 905) Sec. 5. This Act, without reference to any other statute, shall be deemed full and complete authority for the investment of public funds, as hereinabove provided, and shall be construed as an additional and alternative method therefor. (Sou…

(30 ILCS 235/6) (from Ch. 85, par. 906) Sec. 6. Report of financial institutions. (a) No bank shall receive any public funds unless it has furnished the corporate authorities of a public agency submitting a deposit with copies of the last two sworn statements of resources and lia…

(30 ILCS 235/6.5) Sec. 6.5. Federally insured deposits at Illinois financial institutions. (a) Notwithstanding any other provision of this Act or any other statute, whenever a public agency invests public funds in an interest-bearing savings account, demand deposit account, inter…

(30 ILCS 235/7) (from Ch. 85, par. 907) Sec. 7. When investing or depositing public funds, each custodian shall, to the extent permitted by this Act and by the lawful and reasonable performance of his custodial duties, invest or deposit such funds with or in minority-owned financ…

(30 ILCS 235/8) Sec. 8. Consideration of financial institution's commitment to its community. (a) In addition to any other requirements of this Act, a public agency shall consider the financial institution's record and current level of financial commitment to its local community …

(30 ILCS 235/9) Sec. 9. Municipal and county investment in not-for-profit community development financial institutions. Municipalities and counties may invest up to $250,000 per year in public funds in not-for-profit community development financial institutions across all institu…

(30 ILCS 237/1) Sec. 1. Short title. This Act may be cited as the Accountability for the Investment of Public Funds Act. (Source: P.A. 93-499, eff. 1-1-04.)

(30 ILCS 237/10) Sec. 10. Online information concerning investment of public funds. Each State agency shall make available on the Internet, and update at least monthly, no later than the end of each month, sufficient information concerning the investment of any public funds held …

(30 ILCS 237/15) Sec. 15. Information exempt from posting requirement. Nothing in this Act shall require a State agency to make information available on the Internet that is exempt from inspection and copying under the Freedom of Information Act. (Source: P.A. 93-499, eff. 1-1-04…

(30 ILCS 237/5) Sec. 5. Definitions. As used in this Act: "Public funds" means current operating funds, special funds, interest and sinking funds, and funds of any kind or character belonging to or in the custody of any State agency. "State agency" means those entities included i…

(30 ILCS 238/1) Sec. 1. Short title. This Act may be cited as the Illinois Sustainable Investing Act. (Source: P.A. 101-473, eff. 1-1-20.)

(30 ILCS 238/10) Sec. 10. Definitions. As used in this Act: "Financial institution" means a bank, savings bank, or credit union established under the laws of the State of Illinois, another state, or the United States of America. "Governmental unit" has the same meaning as in the …

(30 ILCS 238/100) Sec. 100. (Amendatory provisions; text omitted). (Source: P.A. 101-473, eff. 1-1-20; text omitted.)

(30 ILCS 238/105) Sec. 105. (Amendatory provisions; text omitted). (Source: P.A. 101-473, eff. 1-1-20; text omitted.)

(30 ILCS 238/110) Sec. 110. (Amendatory provisions; text omitted). (Source: P.A. 101-473, eff. 1-1-20; text omitted.)

(30 ILCS 238/15) Sec. 15. Development of sustainable investment policies. (a) Any public agency or governmental unit should develop, publish, and implement sustainable investment policies applicable to the management of all public funds under its control. The sustainable investme…

(30 ILCS 238/20) Sec. 20. Consideration of sustainable investment factors in decision-making. (a) A public agency shall prudently integrate sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and investment owner…

(30 ILCS 238/5) Sec. 5. Findings and purpose. (a) The General Assembly finds that consideration of factors relevant to the environmental impact, social impact, and governance of investments is vital for maximizing the safety and performance of public funds. Such sustainability fa…

(30 ILCS 240/0.01) (from Ch. 102, par. 18.9) Sec. 0.01. Short title. This Act may be cited as the Public Funds in Failed Banks Act. (Source: P.A. 86-1324.)