Sec[Section] 1. Be it enacted by the people of the state of Illinois represented in the General assembly; That hereafter the bills of the Bank of the state of Illinois and Branches, shall be received in payment of the revenue of this state, and the different counties in the state, and in payment of college, school and Seminary debts and interest: Provided, that nothing herein contained shall be construed as to prohibit the receiving of other current money of this state for the purposes aforesaid: Provided further that if at any time hereafter, the Governor, Auditor, and Treasurer shall be of opinion, that there will be danger of loss by receiving the bills of the state Bank as aforesaid, they are hereby authorized and required to cause a notice to be published in the newspaper printed by the public printer, and all other newspapers printed in the state, prohibiting the further reception of said bills, after a day named in such notice, for the uses and purposes aforesaid, and after the day named in such notice, the said bills shall not be received until otherwise directed by law and in case the Governor[,] Auditor[,] and Treasurer shall give a notice as herein required, it shall be their duty to communicate the fact to both branches of the General Assembly, within ten days after the next meeting thereof, together with their reasons for giving such notice.

Sec. 2. This act to be in force from and after its passage, and it shall be the duty of the secretary of state to cause this act to be published forthwith after its passage, in the newspaper printed by the public printer of this state.