Full Text of HB3181 103rd General Assembly
HB3181 103RD GENERAL ASSEMBLY |
| | 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 | |
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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.
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| | A BILL FOR |
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| | | HB3181 | | LRB103 29941 AWJ 56356 b |
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| 1 | | AN ACT concerning local government.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Governmental Account Audit Act is amended | 5 | | by adding Section 12 as follows: | 6 | | (50 ILCS 310/12 new) | 7 | | Sec. 12. Inclusion of indebtedness in financial reports | 8 | | and audits. | 9 | | (a) As used in this Section, "indebtedness" includes, but | 10 | | is not limited to, bonded indebtedness, loans, or any other | 11 | | type of obligation for all accounts and funds of the | 12 | | governmental unit. | 13 | | (b) Notwithstanding any other provision of law, every | 14 | | financial report and audit report created by a governmental | 15 | | unit, including, but not limited to, a report provided to the | 16 | | Comptroller, shall include a complete accounting of | 17 | | indebtedness of the governmental unit. | 18 | | Section 10. The Counties Code is amended by adding Section | 19 | | 3-13005 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 |
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| 1 | | reports and audits. | 2 | | (a) As used in this Section, "indebtedness" includes, but | 3 | | is not limited to, bonded indebtedness, loans, or any other | 4 | | type of obligation for all accounts and funds of the county. | 5 | | (b) Notwithstanding any other provision of law, every | 6 | | financial report and audit report created by a county, | 7 | | including, but not limited to, a report provided to the | 8 | | Comptroller, shall include a complete accounting of | 9 | | indebtedness of the county. | 10 | | (c) A home rule county may not prepare reports or audits in | 11 | | a manner inconsistent with this Section. This Section is a | 12 | | limitation under subsection (i) of Section 6 of Article VII of | 13 | | the Illinois Constitution on the concurrent exercise by home | 14 | | rule units of powers and functions exercised by the State. | 15 | | Section 15. The Illinois Municipal Code is amended by | 16 | | adding Section 8-1-19 as follows: | 17 | | (65 ILCS 5/8-1-19 new) | 18 | | Sec. 8-1-19. Inclusion of indebtedness in financial | 19 | | reports and audits. | 20 | | (a) As used in this Section, "indebtedness" includes, but | 21 | | is not limited to, bonded indebtedness, loans, or any other | 22 | | type of obligation for all accounts and funds of the | 23 | | municipality. | 24 | | (b) Notwithstanding any other provision of law, every |
| | | HB3181 | - 3 - | LRB103 29941 AWJ 56356 b |
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| 1 | | financial report and audit report created by a municipality, | 2 | | including, but not limited to, a report provided to the | 3 | | Comptroller, shall include a complete accounting of | 4 | | indebtedness of the municipality. | 5 | | (c) A home rule municipality may not prepare reports or | 6 | | audits in a manner inconsistent with this Section. This | 7 | | Section is a limitation under subsection (i) of Section 6 of | 8 | | Article VII of the Illinois Constitution on the concurrent | 9 | | exercise by home rule units of powers and functions exercised | 10 | | by the State.
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