103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB3181

 

Introduced 2/17/2023, by Rep. Tom Weber

 

SYNOPSIS AS INTRODUCED:
 
50 ILCS 310/12 new
55 ILCS 5/3-13005 new
65 ILCS 5/8-1-19 new

    Amends the Governmental Account Audit Act, Counties Code, and Illinois Municipal Code. Provides that every financial report and audit report created by a governmental unit, county, or municipality, including, but not limited to, a report provided to the Comptroller, shall include a complete accounting of indebtedness of the governmental unit, county, or municipality. Limits home rule powers.


LRB103 29941 AWJ 56356 b

 

 

A BILL FOR

 

HB3181LRB103 29941 AWJ 56356 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Governmental Account Audit Act is amended
5by adding Section 12 as follows:
 
6    (50 ILCS 310/12 new)
7    Sec. 12. Inclusion of indebtedness in financial reports
8and audits.
9    (a) As used in this Section, "indebtedness" includes, but
10is not limited to, bonded indebtedness, loans, or any other
11type of obligation for all accounts and funds of the
12governmental unit.
13    (b) Notwithstanding any other provision of law, every
14financial report and audit report created by a governmental
15unit, including, but not limited to, a report provided to the
16Comptroller, shall include a complete accounting of
17indebtedness of the governmental unit.
 
18    Section 10. The Counties Code is amended by adding Section
193-13005 as follows:
 
20    (55 ILCS 5/3-13005 new)
21    Sec. 3-13005. Inclusion of indebtedness in financial

 

 

HB3181- 2 -LRB103 29941 AWJ 56356 b

1reports and audits.
2    (a) As used in this Section, "indebtedness" includes, but
3is not limited to, bonded indebtedness, loans, or any other
4type of obligation for all accounts and funds of the county.
5    (b) Notwithstanding any other provision of law, every
6financial report and audit report created by a county,
7including, but not limited to, a report provided to the
8Comptroller, shall include a complete accounting of
9indebtedness of the county.
10    (c) A home rule county may not prepare reports or audits in
11a manner inconsistent with this Section. This Section is a
12limitation under subsection (i) of Section 6 of Article VII of
13the Illinois Constitution on the concurrent exercise by home
14rule units of powers and functions exercised by the State.
 
15    Section 15. The Illinois Municipal Code is amended by
16adding Section 8-1-19 as follows:
 
17    (65 ILCS 5/8-1-19 new)
18    Sec. 8-1-19. Inclusion of indebtedness in financial
19reports and audits.
20    (a) As used in this Section, "indebtedness" includes, but
21is not limited to, bonded indebtedness, loans, or any other
22type of obligation for all accounts and funds of the
23municipality.
24    (b) Notwithstanding any other provision of law, every

 

 

HB3181- 3 -LRB103 29941 AWJ 56356 b

1financial report and audit report created by a municipality,
2including, but not limited to, a report provided to the
3Comptroller, shall include a complete accounting of
4indebtedness of the municipality.
5    (c) A home rule municipality may not prepare reports or
6audits in a manner inconsistent with this Section. This
7Section is a limitation under subsection (i) of Section 6 of
8Article VII of the Illinois Constitution on the concurrent
9exercise by home rule units of powers and functions exercised
10by the State.