093_SB1105
LRB093 10787 BDD 11368 b
1 AN ACT concerning municipalities.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Municipal Code is amended by
5 adding Section 8-8-9.5 as follows:
6 (65 ILCS 5/8-8-9.5 new)
7 Sec. 8-8-9.5. Cicero audit committee. The Cicero Audit
8 Committee is created. The duties of the Committee are to
9 review the audit reports prepared under this Act and any
10 other financial reports and documents, including management
11 letters, prepared by or on behalf of the Town of Cicero. No
12 later than February 1 of each year, the Committee shall
13 report to the Governor and to the members of the General
14 Assembly regarding the financial reporting of the Town of
15 Cicero.
16 The Committee shall consist of 5 members appointed by the
17 Governor with the advice and consent of the Senate. The
18 appointments to the Committee must be made within 180 days
19 after the effective date of this amendatory Act of the 93rd
20 General Assembly. No more than 2 members of the Committee
21 may be residents of the Town of Cicero. The members of the
22 Committee shall serve without compensation but may be
23 reimbursed for their reasonable expenses related to their
24 service on the Committee.
25 The corporate authorities of the Town of Cicero must
26 provide any information or documents to the Committee that
27 the Committee deems necessary in carrying out its duties
28 under this Section.
29 The Town of Cicero may not regulate its finances in a
30 manner inconsistent with the provisions of this Section.
31 This Section is a limitation under subsection (i) of Section
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1 6 of Article VII of the Illinois Constitution on the
2 concurrent exercise by home rule units of powers and
3 functions exercised by the State.
4 This Section is repealed on February 15, 2006.
5 Section 99. Effective date. This Act takes effect upon
6 becoming law.