093_SB0383eng SB383 Engrossed LRB093 03503 SJM 03532 b 1 AN ACT concerning libraries. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 Illinois State Library Foundation Act. 6 Section 5. Illinois State Library Foundation created. 7 The Secretary of State is authorized, in accordance with 8 Section 10 of the State Agency Entity Creation Act, to create 9 a not-for-profit foundation that shall be known as the 10 Illinois State Library Foundation. The Secretary shall file 11 articles of incorporation and bylaws as required under the 12 General Not For Profit Corporation Act of 1986 to create the 13 Foundation. There shall be not less than 6 nor more than 11 14 Directors of the Foundation to be appointed by the Secretary 15 of State, with the advice and consent of the Senate. The 16 Secretary of State or his or her designee shall serve as an 17 ex-officio Director of the Foundation. No Director may 18 receive compensation for his or her services to the 19 Foundation. 20 Section 10. Purpose of Foundation. The purpose of the 21 Foundation shall be to promote library programs for all types 22 of libraries in the State, enhancing statewide library 23 awareness to the people of Illinois; to make grants and gifts 24 in aid and support of the goal; and to engage generally in 25 other lawful endeavors consistent with the foregoing 26 purposes. The Foundation shall not exceed the provisions of 27 the General Not For Profit Corporation Act of 1986. 28 Section 15. Selecting officers; rules. As soon as 29 practical after the Foundation is created, the Directors SB383 Engrossed -2- LRB093 03503 SJM 03532 b 1 shall meet, organize, and designate, by majority vote, a 2 Chairperson, Secretary, and any additional officers as may be 3 needed to carry out the activities of the Foundation. The 4 Secretary of State may adopt rules deemed necessary to govern 5 Foundation procedures. 6 Section 20. Funds collected by the Foundation. The 7 Foundation may accept gifts or grants from the federal 8 government, its agencies or officers, or from any person, 9 firm, corporation, or private foundation; and may expend 10 receipts on activities that it considers suitable to the 11 performance of its duties under this Act. Funds collected by 12 the Foundation shall be considered private funds and shall be 13 held in an appropriate account outside of the State treasury. 14 The treasurer of the Foundation shall be custodian of all 15 Foundation funds. The Foundation's accounts and books shall 16 be set up and maintained in a manner approved by the Auditor 17 General and the Foundation and its officers shall be 18 responsible for the approval of recording of receipts, the 19 approval of payments, and the proper filing of required 20 reports. The Foundation may be assisted in carrying out its 21 functions by personnel of the Office of the Secretary of 22 State with respect to matters falling within their scope and 23 function. The Foundation shall cooperate fully with the 24 boards, commissions, agencies, departments, and institutions 25 of the State. The funds held and made available by the 26 Illinois State Library Foundation shall be subject to 27 financial and compliance audits by the Auditor General in 28 compliance with the Illinois State Auditing Act. 29 Section 99. Effective date. This Act takes effect on 30 January 1, 2004.