Bill Text: IL HB3649 | 2017-2018 | 100th General Assembly | Chaptered

Bill Title: Amends the State Finance Act. Requires each State agency to report to the State Comptroller the aggregate dollar amount of all current liabilities held at the time of the report and an estimate of any interest penalties that have accrued under the State Prompt Payment Act. Provides that the report shall be made in a time and form prescribed by the State Comptroller. Removes related language.

Spectrum: Strong Partisan Bill (Democrat 59-4)

Status: (Passed) 2017-11-09 - Public Act . . . . . . . . . 100-0552 [HB3649 Detail]

Download: Illinois-2017-HB3649-Chaptered.html

Public Act 100-0552
HB3649 EnrolledLRB100 11329 MLM 21704 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The State Finance Act is amended by changing
Section 9.08 as follows:
(30 ILCS 105/9.08)
Sec. 9.08. State agency reports; bills held by the agency.
(a) Each State agency shall provide a report to the State
Comptroller identifying: (i) current State liabilities held at
the agency, by fund source; (ii) whether the liabilities are
appropriated; and (iii) an estimate of interest penalties
accrued under the State Prompt Payment Act under criteria
prescribed by the State Comptroller. The report shall be
provided monthly in a time and form prescribed by the State
Comptroller in which the State Comptroller may provide a waiver
to the monthly reporting requirement if a State agency does not
have State liabilities. On October 1, 2013 and by October 1 of
each fiscal year thereafter, each State agency shall report the
aggregate dollar amount of any bills held at the State agency
on the previous June 30 to the Office of the State Comptroller.
(b) As soon as possible after receiving a report from a
State agency under subsection (a) of this Section, the State
Comptroller shall post on his or her public-facing website the
amount reported by the State agency.
(c) For purposes of this Section, "State agency" means: all
executive branch officers, boards, commissions and agencies
created by the Constitution; all officers, departments,
boards, commissions, agencies, institutions, authorities,
universities, bodies politic and corporate of the State; and
administrative units or corporate outgrowths of the State
government which are created by or pursuant to statute, other
than units of local government and their officers, school
districts and boards of election commissioners; and all
administrative units and corporate outgrowths of the above and
as may be created by executive order of the Governor. "State
agency" does not include any officer, department, board,
commission, agency, unit, or authority of the legislative or
judicial branch.
(Source: P.A. 98-228, eff. 8-9-13.)