MILITARY CD-CONSTRUCTION FUND

Amends the Military Code of Illinois. Provides that all moneys received from the transfer or exchange of any realty under the control of the Department of Military Affairs pursuant to authority contained in specified provisions, and all funds received from the federal government under terms of the federal Master Cooperative Agreement related to constructing and maintaining real property between the Department of Military Affairs and the United States Property and Fiscal Officer for Illinois shall be deposited (rather than covered) into the Illinois National Guard Construction Fund. Provides that the moneys in the Fund shall be used exclusively by the Adjutant General for purposes including rehabilitating existing facilities and making other capital improvements. Provides that the distributions from the Illinois National Guard Construction Fund provided for in these provisions shall constitute an irrevocable and continuing appropriation. Provides that the Treasurer and Comptroller are authorized and directed to make distributions from the Fund. Removes language providing that expenditures from the Fund shall be subject to appropriation by the General Assembly and written release by the Governor. Makes corresponding changes. Effective immediately.