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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 SB1652 Introduced 2/9/2017, by Sen. Andy Manar SYNOPSIS AS INTRODUCED: |
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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.
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| | A BILL FOR |
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| | SB1652 | | LRB100 10939 MLM 21176 b |
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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: |
6 | | (30 ILCS 105/9.08) |
7 | | Sec. 9.08. State agency reports; bills held by the agency. |
8 | | (a) Each State agency shall report to the State Comptroller |
9 | | the aggregate dollar amount of all current liabilities being |
10 | | held and an estimate of interest penalties accrued under the |
11 | | State Prompt Payment Act. The report shall be made in a time |
12 | | and form prescribed by the State Comptroller. On October 1, |
13 | | 2013 and by October 1 of each fiscal year thereafter, each |
14 | | State agency shall report the aggregate dollar amount of any |
15 | | bills held at the State agency on the previous June 30 to the |
16 | | Office of the State Comptroller. |
17 | | (b) As soon as possible after receiving a report from a |
18 | | State agency under subsection (a) of this Section, the State |
19 | | Comptroller shall post on his or her public-facing website the |
20 | | amount reported by the State agency. |
21 | | (c) For purposes of this Section, "State agency" means: all |
22 | | executive branch officers, boards, commissions and agencies
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23 | | created by the Constitution; all officers,
departments, |