{"data":{"id":"us-il/35-ilcs-200-21-301","jurisdiction":"us-il","citation":"35 ILCS 200/21-301","heading":"Amount to be retained in surplus equity fund.","body":"(a) The county board in each county shall determine the amount of the fund to be maintained in that county until all potential claims under Section 21-302 have been paid. Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her to the general fund of the County once all potential claims under Section 21-302 have been paid.\n(b) In counties in which a Tort Liability Fund is established, all sums of money received under subsection (a) of Section 21-296 may be deposited into the general fund of the county for general county governmental purposes, if the county board provides by ordinance that the surplus equity required by this Section shall be provided by the Tort Liability Fund.","path":["CHAPTER 35 REVENUE","Property Tax Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=596\u0026ChapterID=8\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"dc299299034047dbd33c7d0847d613dc8b87aefce1525d90f83e160e43c53b21","source_id":"us-il","stale":false,"prev":"us-il/35-ilcs-200-21-300","next":"us-il/35-ilcs-200-21-302"},"notice":"GroundRules: Original legal text. Not legal advice."}