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Illinois · Through at least Public Act 104-790

225 ILCS 407/30-13: The Division of Real Estate General Fund.

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Where this section sits in the code
  1. CHAPTER 225 PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS
  2. Auction License Act.

(Section scheduled to be repealed on January 1, 2030)

Prior to July 1, 2023, all of the fees, fines, and penalties collected under this Act shall be deposited into the General Professions Dedicated Fund. Prior to July 1, 2023, the monies deposited into the General Professions Dedicated Fund shall be used by the Department, as appropriated, for the ordinary and contingent expenses of the Department. Monies in the General Professions Dedicated Fund may be invested and reinvested, with all earnings received from investments to be deposited into that Fund and used for the same purposes as fees deposited in that Fund.

Beginning on July 1, 2023, all of the fees, fines, and penalties collected under this Act shall be deposited into the Division of Real Estate General Fund. The monies deposited into the Division of Real Estate General Fund shall be used by the Department, as appropriated, for the ordinary and contingent expenses of the Department. Monies in the Division of Real Estate General Fund may be invested and reinvested, with all earnings received from investments to be deposited into that Fund and used for the same purposes as fees deposited in that Fund.

Collected 2026-09-15T04:46:31Z. Source file · JSON

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