(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 212/2)
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 pursuant to such agreements
through the deposit of funds in those institutions.
This method of compensation is generally inefficient and may result in
overcompensation of financial institutions. It is in the public interest
to pay financial institutions at a level commensurate with the services
provided.
(Source: P.A. 89-153, eff. 7-14-95.)
(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 services: processing
of payments of taxes, fees, and other moneys due the State; transactional, technological, consultant, legal service charges, and other operational expenses of the State Treasurer's Office related to the investment or safekeeping of funds under the Treasurer's
control; and the cost of paying bondholders and legal services under the State's general
obligation bond program.
(Source: P.A. 100-587, eff. 6-4-18.)
(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 Treasurer may waive the monthly
transfer of funds from the General Revenue Fund to the State Treasurer's Bank
Services Trust Fund if at any time he or she determines that the balance in the
State Treasurer's Bank Services Trust Fund is adequate to pay outstanding
obligations.
(Source: P.A. 89-153, eff. 7-14-95.)
(30 ILCS 212/25)
Sec. 25.
This Act takes effect upon becoming law.
(Source: P.A. 87-1035.)
Structure Illinois Compiled Statutes
30 ILCS 5/ - Illinois State Auditing Act.
30 ILCS 10/ - Fiscal Control and Internal Auditing Act.
30 ILCS 15/ - Public Funds Statement Publication Act.
30 ILCS 20/ - Public Funds Accounting Act.
30 ILCS 25/ - Public Accountability and Performance System Act.
30 ILCS 105/ - State Finance Act.
30 ILCS 110/ - Gifts and Grants to Government Act.
30 ILCS 115/ - State Revenue Sharing Act.
30 ILCS 120/ - Agricultural Fair Act.
30 ILCS 122/ - Budget Stabilization Act.
30 ILCS 125/ - Environmental Protection Trust Fund Act.
30 ILCS 135/ - Fair and Exposition Transfer of Funds Act.
30 ILCS 145/ - Heritage Preservation Act.
30 ILCS 150/ - Natural Heritage Fund Act.
30 ILCS 155/ - Illinois Non-Game Wildlife Protection Act.
30 ILCS 160/ - Public Use Trust Act.
30 ILCS 167/ - Tobacco Products Manufacturers' Escrow Enforcement Act of 2003.
30 ILCS 168/ - Tobacco Product Manufacturers' Escrow Act.
30 ILCS 171/ - Railsplitter Tobacco Settlement Authority Act.
30 ILCS 175/ - United States Olympians Assistance Act.
30 ILCS 178/ - Transportation Funding Protection Act.
30 ILCS 186/ - Emergency Budget Implementation Act of Fiscal Year 2010.
30 ILCS 188/ - FY2011 Budget Implementation (Finance) Act.
30 ILCS 190/ - Cash Management and Medicaid Maximization Act of 2011.
30 ILCS 205/ - Uncollected State Claims Act.
30 ILCS 210/ - Illinois State Collection Act of 1986.
30 ILCS 212/ - State Treasurer's Bank Services Trust Fund Act.
30 ILCS 215/ - Gifts to State for Charitable Use Act.
30 ILCS 225/ - Public Funds Deposit Act.
30 ILCS 230/ - State Officers and Employees Money Disposition Act.
30 ILCS 235/ - Public Funds Investment Act.
30 ILCS 237/ - Accountability for the Investment of Public Funds Act.
30 ILCS 238/ - Illinois Sustainable Investing Act.
30 ILCS 240/ - Public Funds in Failed Banks Act.
30 ILCS 245/ - Payments for Governmental Services Act.
30 ILCS 250/ - Tennessee Valley Authority Payment Act.
30 ILCS 255/ - Federal Commodity Disbursement Act.
30 ILCS 260/ - State Employee Illinois Workers' Compensation Commission Awards Act.
30 ILCS 265/ - Technology Development Act.
30 ILCS 305/ - Bond Authorization Act.
30 ILCS 310/ - Registered Bond Act.
30 ILCS 315/ - Illinois Bond Replacement Act.
30 ILCS 320/ - Uniform Facsimile Signature of Public Officials Act.
30 ILCS 325/ - Fiscal Agent Designation Act.
30 ILCS 330/ - General Obligation Bond Act.
30 ILCS 335/ - General Obligation Bond Investment Act.
30 ILCS 340/ - Short Term Borrowing Act.
30 ILCS 343/ - Coronavirus Urgent Remediation Emergency Borrowing Act.
30 ILCS 345/ - Illinois Private Activity Bond Allocation Act.
30 ILCS 346/ - Private Activity Bond Approval Act.
30 ILCS 350/ - Local Government Debt Reform Act.
30 ILCS 352/ - Bond Issue Notification Act.
30 ILCS 365/ - Revenue Producing Commercial Paper Act.
30 ILCS 370/ - Public Works Finance Act.
30 ILCS 375/ - Local Government Debt Offering Act.
30 ILCS 385/ - Motor Fuel Tax Fund Bond Act.
30 ILCS 390/ - School Construction Bond Act.
30 ILCS 395/ - Educational Institution Bond Authorization Act.
30 ILCS 400/ - Mental Health Institution Bond Act.
30 ILCS 405/ - Anti-Pollution Bond Act.
30 ILCS 410/ - Anti-Pollution Bond Fund Transfer Act.
30 ILCS 415/ - Transportation Bond Act.
30 ILCS 420/ - Capital Development Bond Act of 1972.
30 ILCS 425/ - Build Illinois Bond Act.
30 ILCS 430/ - Retirement Savings Act.
30 ILCS 435/ - Human Services Provider Bond Reserve Payment Act.
30 ILCS 440/ - Illinois Unemployment Insurance Trust Fund Financing Act.
30 ILCS 500/ - Illinois Procurement Code.
30 ILCS 517/ - Procurement of Domestic Products Act.
30 ILCS 520/ - Public Purchases in Other States Act.
30 ILCS 525/ - Governmental Joint Purchasing Act.
30 ILCS 530/ - Transportation Sustainability Procurement Program Act.
30 ILCS 535/ - Architectural, Engineering, and Land Surveying Qualifications Based Selection Act.
30 ILCS 537/ - Design-Build Procurement Act.
30 ILCS 540/ - State Prompt Payment Act.
30 ILCS 545/ - Public Contract Fraud Act.
30 ILCS 550/ - Public Construction Bond Act.
30 ILCS 555/ - Illinois Mined Coal Act.
30 ILCS 557/ - Public Construction Contract Act.
30 ILCS 558/ - Public-Private Partnership for Civic and Transit Infrastructure Project Act.
30 ILCS 559/ - Illinois Works Jobs Program Act.
30 ILCS 561/ - Airport and Correctional Facility Land Disclosure Act.
30 ILCS 562/ - State Real Property Leasing Act.
30 ILCS 565/ - Steel Products Procurement Act.
30 ILCS 570/ - Employment of Illinois Workers on Public Works Act.
30 ILCS 571/ - Project Labor Agreements Act.
30 ILCS 574/ - Commission on Equity and Inclusion Act.
30 ILCS 575/ - Business Enterprise for Minorities, Women, and Persons with Disabilities Act.
30 ILCS 577/ - State Construction Minority and Female Building Trades Act.
30 ILCS 580/ - Drug Free Workplace Act.
30 ILCS 582/ - International Anti-Boycott Certification Act.
30 ILCS 583/ - State Prohibition of Goods from Forced Labor Act.
30 ILCS 584/ - State Prohibition of Goods from Child Labor Act.
30 ILCS 585/ - Data Processing Confidentiality Act.
30 ILCS 587/ - Information Technology Accessibility Act.
30 ILCS 590/ - State Agency Employees Child Care Services Act.
30 ILCS 595/ - Local Food, Farms, and Jobs Act.
30 ILCS 596/ - Social Services Contract Notice Act.
30 ILCS 605/ - State Property Control Act.
30 ILCS 608/ - State Facilities Closure Act.
30 ILCS 610/ - State Vehicle Identification Act.
30 ILCS 617/ - State Vehicle Use Act.
30 ILCS 705/ - Illinois Grant Funds Recovery Act.
30 ILCS 707/ - Grant Information Collection Act.
30 ILCS 708/ - Grant Accountability and Transparency Act.
30 ILCS 709/ - Illinois Creative Recovery Grant Program Act.
30 ILCS 710/ - Rural Economic Development Act.
30 ILCS 715/ - Intergovernmental Drug Laws Enforcement Act.
30 ILCS 720/ - Industrial Development Assistance Law.
30 ILCS 725/ - Comprehensive Solar Energy Act of 1977.
30 ILCS 730/ - Illinois Coal Technology Development Assistance Act.
30 ILCS 732/ - Community Behavioral Health Center Infrastructure Act.
30 ILCS 735/ - Urban and Community Forestry Assistance Act.
30 ILCS 737/ - Green Neighborhood Grant Act.
30 ILCS 738/ - Urban Weatherization Initiative Act.
30 ILCS 740/ - Downstate Public Transportation Act.
30 ILCS 743/ - Intermodal Facilities Promotion Act.
30 ILCS 745/ - Public Radio and Television Grant Act.
30 ILCS 750/ - Build Illinois Act.
30 ILCS 757/ - Community Youth Employment Act.
30 ILCS 760/ - Business Economic Support Act.
30 ILCS 764/ - Park and Recreational Facility Construction Act of 2009.
30 ILCS 765/ - Illinois Equal Justice Act.
30 ILCS 766/ - Community Health Center Construction Act.
30 ILCS 767/ - Public Library Construction Act.
30 ILCS 769/ - Private Colleges and Universities Capital Distribution Formula Act.
30 ILCS 770/ - Employee Wellness Program Grant Act.
30 ILCS 772/ - Equity in Long-term Care Quality Act.
30 ILCS 780/ - Eliminate the Digital Divide Law.
30 ILCS 785/ - Inclusion of Women and Minorities in Clinical Research Act.