Compensation of local jails for cost of incarceration. Provides that the Department of Corrections shall compensate local jails for the cost of incarceration of convicted felons, calculated from the date of mailing of the final order, at the rate of $12 per inmate per day for the first 60 days, at the rate of $40 per inmate per day during the period of more than 60 but not more than 90 days, and for the actual cost of incarceration as calculated in the jail report prepared annually by the Compensation Board for more than 90 days. Currently, such compensation rates are provided for in the general appropriation act.