UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 310]

Caption: Board of Trustees Minutes - 1942
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UNIVERSITY OF ILLINOIS H O U S E B I L L 472

T>°7

A N A C T to amend Section 6 of "An Act in relation to State finance," approved June 10, 1919, as amended. Be it enacted by the People of the State of Iilinois, represented in the General Assembly: Section I. Section 6 of "An Act in relation to State finance," approved June 10, 1919, as amended, is amended to read as follows: Section 6. (1) T h e gross or total proceeds, receipts and income of all industrial operations at the several State institutions and divisions under the direction and supervision of the Department of Public Welfare of the State of Illinois shall be covered into the State treasury into a special fund to be known as "The Working Fund." "Industrial operations," as herein used, shall mean and include the operation of such State institutions producing, by the use of materials, supplies and labor, goods, or wares or merchandise to be sold. (2) T h e gross amount of money received by the State Normal University, Eastern Illinois State Teachers' College, Western Illinois State Teachers' College, Northern Illinois State Teachers' College and the Southern Illinois State Normal University from whatever source belonging to or for the use of the State, including amounts derived from tuition, Federal aid, operation of dormitories, farms and stores, shall be paid into the State treasury without delay not later in any event than the following day, excluding holidays, after the receipt of the same, without any deduction whatever and shall be covered into a special fund to be known as "The Normal School Income Fund." The General Assembly shall from time to time make appropriations payable from the normal school income fund for the support and improvement of the several State normal schools, provided that each school may retain out of its own receipts the sum of $100 to be used as a petty cash fund and handled in accordance with the interest system. (3) T h e gross or total proceeds, receipts and income of all the several State institutions derived from the Veterans' Administration for the care and treatment of veterans of the World W a r who are patients or residents in the said State institutions shall be covered into the State treasury into a special fund to be known as " T h e United States Veterans' Bureau Fund." (4) All fees and other money received by the Division of Highways of the Department of Public W o r k s and Buildings shall, upon being paid into the State treasury, be placed in the road fund. (5) T h e gross amount of money received by the University of Illinois from whatever source, belonging to or for the use of the State, other than from endowment or trust funds, and other than funds from Federal aid including amounts derived from tuition, student fees, operation of dormitories, farms and stores, shall be paid into the State treasury without delay not later in any event than ten days after the receipt of same, without any reduction whatever and shall be covered into a special fund to be known as the "University Income Fund." T h e General Assembly from time to time shall make appropriations payable from the University Income Fund for the support, operation and improvement of the University of Illinois. Provided that the University of Illinois may retain a working cash fund of not more than $100,000 from which vouchers may be paid by it, which fund shall be reimbursed from time to time by the State Auditor by warrants against appropriations to the University of Illinois on the presentation of proper vouchers certified in the manner required for University of Illinois vouchers, with itemized receipted bills attached covering payments made from the working cash fund hereby created. Provided, further, that the University of Illinois may retain in its own treasury out of its own receipts and collections, such a sum not exceeding in the aggregate annually one hundred thousand dollars ($100,000), as may be necessary in the performance of any contract or undertaking with the United States in connection with any grant, advance, loan or contract for the erection of a building or buildings under House Joint Resolution 117, making appropriations for relief purposes, approved by the President April 8, 1935, and pursuant