Bill Text: IL HB3649 | 2017-2018 | 100th General Assembly | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Engrossed.html
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-Engrossed.html
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1 | AN ACT concerning finance.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The State Finance Act is amended by changing | ||||||
5 | Section 9.08 as follows:
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6 | (30 ILCS 105/9.08) | ||||||
7 | Sec. 9.08. State agency reports; bills held by the agency. | ||||||
8 | (a) Each State agency shall provide a report to the State | ||||||
9 | Comptroller identifying: (i) current State liabilities held at | ||||||
10 | the agency, by fund source; (ii) whether the liabilities are | ||||||
11 | appropriated; and (iii) an estimate of interest penalties | ||||||
12 | accrued under the State Prompt Payment Act under criteria | ||||||
13 | prescribed by the State Comptroller. The report shall be | ||||||
14 | provided monthly in a time and form prescribed by the State | ||||||
15 | Comptroller in which the State Comptroller may provide a waiver | ||||||
16 | to the monthly reporting requirement if a State agency does not | ||||||
17 | have State liabilities. On October 1, 2013 and by October 1 of | ||||||
18 | each fiscal year thereafter, each State agency shall report the | ||||||
19 | aggregate dollar amount of any bills held at the State agency | ||||||
20 | on the previous June 30 to the Office of the State Comptroller. | ||||||
21 | (b) As soon as possible after receiving a report from a | ||||||
22 | State agency under subsection (a) of this Section, the State | ||||||
23 | Comptroller shall post on his or her public-facing website the |
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1 | amount reported by the State agency. | ||||||
2 | (c) For purposes of this Section, "State agency" means: all | ||||||
3 | executive branch officers, boards, commissions and agencies
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4 | created by the Constitution; all officers,
departments, | ||||||
5 | boards, commissions, agencies, institutions, authorities,
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6 | universities, bodies politic and corporate of the State; and | ||||||
7 | administrative
units or corporate outgrowths of the State | ||||||
8 | government which are created by
or pursuant to statute, other | ||||||
9 | than units of local government and their
officers, school | ||||||
10 | districts and boards of election commissioners; and all
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11 | administrative units and corporate outgrowths of the above and | ||||||
12 | as may be
created by executive order of the Governor. "State | ||||||
13 | agency" does not include any officer, department, board, | ||||||
14 | commission, agency, unit, or authority of the legislative or | ||||||
15 | judicial branch.
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16 | (Source: P.A. 98-228, eff. 8-9-13.)
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