HB 4364

Abstract

Amends the Technology Development Act. Provides for additional specified information to be reported by a TDA II-Recipient Fund to the State Treasurer on a quarterly or annual basis for all investments. Provides for the allocation of the aggregate dollar amount available for new investments. Requires the State Treasurer to disclose on the website of the State Treasurer specified aggregate financial performance information for TDA II-Recipient Funds. Provides that the Technology Development Fund is a nonappropriated trust fund within the State treasury (rather than a special fund outside of the State treasury with the State Treasurer as custodian). Requires the State Treasurer to publish on his or her official website specified information regarding the Technology Development Fund for the previous fiscal year. Defines terms. Makes conforming changes. Senate Floor Amendment No. 1 Deletes reference to: 30 ILCS 265/11 30 ILCS 265/20 Adds reference to: 30 ILCS 105/5.970 new 30 ILCS 105/6z-130 new Replaces everything after the enacting clause. Amends the State Finance Act. Creates the Fund Mental Health and Substance Use Prevention Fund as a special fund in the State treasury. Provides that the Department of Human Services must make grants, from appropriations made from the Fund, to units of local government and Illinois public universities for the purposes of providing mental health and substance abuse prevention to people who are incarcerated and providing mental health and substance abuse prevention for those encountering the criminal justice system with a primary focus to people who are incarcerated in the county jail or recently discharged. Provides that, notwithstanding any other provision of law, moneys in the Fund Mental Health and Substance Use Prevention Fund may not be appropriated, assigned, or transferred to another State fund. Senate Floor Amendment No. 2 Specifies that it is the Department of Human Services that must make grants to units of local government and Illinois public universities.