Ill. Admin. Code tit. 44 § 5010.1010

Current through Register Vol. 48, No. 49, December 6, 2024

Section 5010.1010 - Proceeds of Sale of Scrap

a) The Department shall deposit all proceeds from the sale of scrap into the State Surplus Property Revolving Fund or any other fund authorized by the legislature to receive proceeds of the sale.

b) Pursuant to Section 6p-3 of the State Finance Act [ 30 ILCS 105 ], if the General Assembly has authorized another fund to receive the proceeds of the sale, the Department shall retain sufficient proceeds to cover the cost of disposal.

Ill. Admin. Code tit. 44, § 5010.1010

Amended at 12 Ill. Reg. 10671, effective June 14, 1988

Amended at 43 Ill. Reg. 5637, effective 5/3/2019