325 ILCS 3/50-10
DEC Federal Agency Services Fund
Illinois · Illinois Compiled Statutes 325 ILCS 3 — Department of Early Childhood Act. · Status: effective
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- Citation
- 325 ILCS 3/50-10, DEC Federal Agency Services Fund, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1291045
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Full text
DEC Federal Agency Services Fund.
(a) The DEC Federal Agency Services Fund is created as a federal trust fund to be held outside the State treasury, with the State Treasurer as ex officio custodian. The Department may accept and deposit into the Fund moneys received from federal grants or awards not otherwise required to be deposited into the Child Care Assistance Fund.
(b) Moneys in the DEC Federal Agency Services Fund shall be used, subject to appropriation by the General Assembly, for the specific purposes established by the terms and conditions of federal awards, including paying the costs of grants, contracts, and administrative expenses of the Department. Any unexpended moneys shall be returned in accordance with the terms of any applicable grant or award. (Source: P.A. 104-466, eff. 7-1-26.)