Illinois General Assembly - Full Text of SB0207
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Full Text of SB0207  94th General Assembly

SB0207 94TH GENERAL ASSEMBLY


 


 
94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0207

 

Introduced 2/2/2005, by Sen. Martin A. Sandoval

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/8-8-9.5 new

    Amends the Illinois Municipal Code. Creates the Cicero Audit Committee. Provides that the duties of the Committee shall be to review certain financial reports prepared by or on behalf of the Town of Cicero. Requires that, no later than February 1 of each year, the Committee shall report to the Governor and to the members of the General Assembly regarding the financial reporting of the Town of Cicero. Provides that the Committee shall consist of 5 members appointed by the Governor with the advice and consent of the Senate and that no more than 2 members of the Committee may be residents of the Town of Cicero. Provides that the members of the Committee shall serve without compensation but may be reimbursed for their reasonable expenses. Requires the corporate authorities of the Town of Cicero to provide any information or documents to the Committee that the Committee deems necessary in carrying out its duties. Preempts home rule powers. Provides that these provisions are repealed on February 15, 2008. Effective immediately.


LRB094 05714 AJO 35766 b

HOME RULE NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB0207 LRB094 05714 AJO 35766 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 adding
5 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 review
9 the audit reports prepared under this Act and any other
10 financial reports and documents, including management letters,
11 prepared by or on behalf of the Town of Cicero. No later than
12 February 1 of each year, the Committee shall report to the
13 Governor and to the members of the General Assembly regarding
14 the financial reporting of the Town of Cicero.
15     The Committee shall consist of 5 members appointed by the
16 Governor with the advice and consent of the Senate. The
17 appointments to the Committee must be made within 180 days
18 after the effective date of this amendatory Act of the 94th
19 General Assembly. No more than 2 members of the Committee may
20 be residents of the Town of Cicero. The members of the
21 Committee shall serve without compensation but may be
22 reimbursed for their reasonable expenses related to their
23 service on the Committee.
24     The corporate authorities of the Town of Cicero must
25 provide any information or documents to the Committee that the
26 Committee deems necessary in carrying out its duties under this
27 Section.
28     The Town of Cicero may not regulate its finances in a
29 manner inconsistent with the provisions of this Section. This
30 Section is a limitation under subsection (i) of Section 6 of
31 Article VII of the Illinois Constitution on the concurrent
32 exercise by home rule units of powers and functions exercised

 

 

SB0207 - 2 - LRB094 05714 AJO 35766 b

1 by the State.
2     This Section is repealed on February 15, 2008.
 
3     Section 99. Effective date. This Act takes effect upon
4 becoming law.