30 ILCS 540/3-6: Federal funds; lack of authority.
Where this section sits in the code
- CHAPTER 30 FINANCE
- State Prompt Payment Act.
(Text of Section before amendment by P.A. 104-550)
If an agency incurs an interest liability under this Act that cannot be charged to the same expenditure authority account to which the related goods or services were charged due to federal prohibitions, the agency is authorized to pay the interest from its available appropriations from the General Revenue Fund, except that the Department of Transportation is authorized to pay the interest from its available appropriations from the Road Fund, as long as the original goods or services were for purposes consistent with Section 11 of Article IX of the Illinois Constitution.
(Text of Section after amendment by P.A. 104-550)
Federal funds; lack of authority. If an agency incurs an interest liability under this Act that cannot be charged to the same expenditure authority account to which the related goods or services were charged due to federal prohibitions, the agency is authorized to pay the interest from its available appropriations from the General Revenue Fund or from any other fund in the State treasury that is not otherwise prohibited from being used to pay interest, except that the Department of Transportation is authorized to pay the interest from its available appropriations from the Road Fund, as long as the original goods or services were for purposes consistent with Section 11 of Article IX of the Illinois Constitution.
Collected 2026-09-15T04:46:19Z. Source file · JSON