IL HB6330 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 11 2016 - 25% progression, died in committee
Action: 2016-02-11 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 11 2016 - 25% progression, died in committee
Action: 2016-02-11 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Municipal Financial Distress Alert System Act. Requires the State Comptroller to establish an index system to identify municipalities that are in or approaching financial distress. Provides that the Comptroller shall use the index system to indicate municipalities that have failed to submit annual audits or financial reports to the Comptroller as required by law. Requires the Comptroller to annually review audits and financial reports obtained under the Governmental Account Audit Act and publish a report identifying municipalities that are in or approaching financial distress. Defines terms.
Title
MUNI FINANCIAL DISTRESS ALERT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-11 | House | Referred to Rules Committee |
| 2016-02-11 | House | First Reading |
| 2016-02-11 | House | Filed with the Clerk by Rep. La Shawn K. Ford |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=6330&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/HB/09900HB6330.htm |
