§ 2605-585

(Text of Section before amendment by P.A. 104-131 ) (Section scheduled to be repealed on January 1, 2027) Sec. 2605-585. Money Laundering Asset Recovery Fund. Moneys and the sale proceeds distributed to the Illinois State Police under paragraph (3) of Section 29B-26 of the Criminal Code of 2012 shall be deposited in a special fund in the State treasury to be known as the Money Laundering Asset Recovery Fund. The moneys deposited in the Money Laundering Asset Recovery Fund shall be appropriated to and administered by the Illinois State Police for State law enforcement purposes. (Source: P.A. 102-538, eff. 8-20-21.) (Text of Section after amendment by P.A. 104-131 ) (Section scheduled to be repealed on January 1, 2027) Sec. 2605-585. Money Laundering Asset Recovery Fund. Moneys and the sale proceeds distributed to the Illinois State Police under paragraph (3) of Section 29B-26 of the Criminal Code of 2012 shall be deposited in a special fund in the State treasury to be known as the State Police Law Enforcement Administration Fund. The moneys deposited in the State Police Law Enforcement Administration Fund shall be appropriated to and administered by the Illinois State Police for State law enforcement purposes. This Fund is dissolved upon the transfer of the remaining balance from the Money Laundering Asset Recovery Fund to the State Police Law Enforcement Administration Fund as provided under subsection (b) of Section 6z-106 of the State Finance Act. This Section is repealed on January 1, 2027.

Legislative History

(Source: P.A. 104-131, eff. 9-1-26.)