30 ILCS 105/6z-35

Current through Public Act 103-1052

Section 30 ILCS 105/6z-35 - Live and Learn Fund

There is hereby created in the State Treasury a special fund to be known as the Live and Learn Fund. The Comptroller and the Treasurer shall transfer $1,742,000 from the General Revenue Fund into the Live and Learn Fund each month. The first transfer shall be made 60 days after the effective date of this amendatory Act of 1993, with subsequent transfers occurring on the first of each month. Moneys deposited into the Fund may, subject to appropriation, be used by the Secretary of State for any or all of the following purposes:

(a) An organ donation awareness or education program.

(b) To provide additional funds for all types of library grants as authorized and administered by the Secretary of State as State Librarian.

On July 1, 2023, any future deposits due to the Live and Learn Fund and any outstanding obligations or liabilities of that Fund shall pass to the General Revenue Fund. On November 1, 2023, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Live and Learn Fund into the Secretary of State Special Services Fund. This Section is repealed on January 1, 2024.

30 ILCS 105/6z-35

P.A. 88-78.

Amended by P.A. 103-0008,§ 5-50, eff. 6/7/2023.