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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB1661
Introduced 2/24/2005, by Sen. Peter J. Roskam SYNOPSIS AS INTRODUCED:
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Amends the State Treasurer Act. Provides that the Treasurer may enter into written agreements with financial
institutions for the provision of automatic teller machine services at any location under the control of a State agency (now, State office
buildings, State parks, and State tourism centers). Prohibits any State agency from procuring these services without the approval of the Treasurer.
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A BILL FOR
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SB1661 |
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LRB094 11260 RSP 42025 b |
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| AN ACT concerning State government.
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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 State Treasurer Act is amended by changing |
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| Section 18 as follows:
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| (15 ILCS 505/18)
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| Sec. 18. Banking and automatic teller machine
services.
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| (a) The Treasurer may enter into written agreements with |
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| financial
institutions for the provision of banking services at |
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| the State Capitol and
for the provision of automatic
teller |
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| machine services at State office
buildings, State parks, and |
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| State tourism centers, and any other location under the control |
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| of a State agency. The Treasurer shall
establish competitive |
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| procedures for the selection of financial institutions
to |
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| provide the services authorized under this Section. No State |
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| agency may procure services authorized by this Section without |
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| the approval of the Treasurer.
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| (b) The Treasurer shall enter into written agreements with |
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authorities having jurisdiction of the property where the |
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| services are intended
to be provided. These agreements shall |
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| include, but need not be limited
to, the quantity of machines |
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| to be located at the property and the exact
location of the |
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| service or machine and shall establish responsibility for
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| payment of expenses incurred in locating the machine or |
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| service.
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| (c) The Treasurer's agreement with a financial institution |
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| may authorize
the financial institution to provide any or all |
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| of the banking services that
the financial institution is |
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| otherwise authorized by law to provide to the
public.
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| The Treasurer's agreement with a financial
institution |
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| shall establish the amount of compensation to
be paid by the |
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| financial institution. The financial institution shall pay the
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