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SB3198 Engrossed |
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LRB093 21132 RCE 47187 b |
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| AN ACT concerning finance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Finance Authority Act is amended by |
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| changing Section 801-25 as follows:
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| (20 ILCS 3501/801-25)
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| Sec. 801-25. Official acts of the Authority; meetings; |
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| audits.
All official acts of the Authority shall require the |
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| approval
of
at least 8 members. All meetings of the Authority |
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| and the Advisory Councils
shall be conducted in accordance with |
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| the Open Meetings Act. All meetings shall
be conducted at a |
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| single location within this State among members physically
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| present at this location. The Auditor General shall conduct |
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| financial audits
and program audits of the Authority, in |
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| accordance with the Illinois State
Auditing Act.
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| (Source: P.A. 93-205, eff. 1-1-04.)
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