Illinois Compiled Statutes 15 ILCS 405/22.2 – State Government Suggestion Award Board
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Terms Used In Illinois Compiled Statutes 15 ILCS 405/22.2
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
Upon request from the State Government Suggestion Award Board, the Comptroller and the Director of the Governor’s Office of Management and Budget may hold in reserve the amounts equal to the savings from the appropriate appropriation line item for the State agency involved. The term “reserve” for the purposes of this Section means that such funds shall not be expended nor obligated for the fiscal year designated by the Board.