Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 295 - PAYMENTS REMITTED ON BEHALF OF A PENSION FUND
Section 295.400 - Warrants Subject to Remittance
Universal Citation: 74 IL Admin Code ยง 295.400
Current through Register Vol. 48, No. 12, March 22, 2024
a) Except as prohibited by federal statute, federal regulation or State statute, the Comptroller shall remit the amount the claimant certifies as delinquent from any warrant payable to the payee subject to remittance. Warrants subject to remittance are either:
1) from proportions of payments of State
funds to the payee, when the claim is made pursuant to Code Section 3-125,
4-118, 7-172.1, 9-184.5, 10-107.5, 12-149.5, 13-503.5, or 22-104; or
2) from proportions of grants of State funds
to the payee, when the claim is made pursuant to Code Section 5-168, 6-165,
8-173, or 11-169.
b) A settlement payment by the State or any of its agencies to release any pending or potential claim against the State is eligible to be remitted. Settlement payments subject to remittance are either:
1)
from proportions of payments of State funds to the payee, when the claim is
made pursuant to Code Section 3-125, 4-118, 7-172.1, 9-184.5, 10-107.5,
12-149.5, 13-503.5, or 22-104; or
2) from proportions of grants of State funds
to the payee, when the claim is made pursuant to Code Section 5-168, 6-165,
8-173, or 11-169.
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