225 ILCS 450/32

Current through Public Act 103-593
Section 225 ILCS 450/32 - [Section Scheduled to be Repealed 1/1/2029] Fund

All moneys received by the Department of Professional Regulation under this Act shall be deposited into the Registered Certified Public Accountants' Administration and Disciplinary Fund, which is hereby created as a special fund in the State Treasury. The funds in the account shall be used by the Department, as appropriated, exclusively for expenses of the Department , or the Committee, in the administration of this Act.

Moneys in the Registered Certified Public Accountants' Administration and Disciplinary Fund may be invested and reinvested, with all earnings received from the investments to be deposited into the Registered Certified Public Accountants' Administration and Disciplinary Fund.

Moneys from the Fund may also be used for direct and allocable indirect costs related to the public purposes of the Department of Professional Regulation. Moneys in the Fund may be transferred to the Professions Indirect Cost Fund as authorized by Section 2105-300 of the Department of Professional Regulation Law (20 ILCS 2105/2105-300).

225 ILCS 450/32

Amended by P.A. 098-0254,§ 10, eff. 8/9/2013.
Amended by P.A. 093-0683, § 5, eff. 7/2/2004.
P.A. 91-239, eff. 1-1-00; 92-457, eff. 7-1-04.