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State Finance Act

Illinois · Finance · §§ 30-105-1 to 30-105-9b-5 · 1,319 sections

Overview

The State Finance Act governs how Illinois handles its appropriated money, setting the State fiscal year to run from July 1 through June 30 and defining the terms — printing, contingencies, reserve, interest, State contributions to the Employees' Retirement System — that carry technical meaning when they appear in an appropriation act. It establishes the mechanics of spending against appropriations, including transfers among line items, reappropriation of unspent funds, petty cash funds and purchasing cards, and rules for contractual services and appropriations for education. It also covers a range of State employment costs paid from appropriations, such as payroll and retirement system contributions, payment for unused benefits and sick leave, incentives for early termination of State service, back wage claims, prescription drug benefits, and travel expenses administered through travel control boards and the Travel Regulation Council.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

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Showing the first 400 of 1,319 sections — browse the full code.

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