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Public Act 094-0513
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| HB3544 Enrolled |
LRB094 09276 RSP 39513 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 |
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 |
financial
institutions for the provision of banking services at |
the State Capitol and
for the provision of automatic
teller |
machine services at State office
buildings, State parks, and |
State tourism centers, and State fairs at Springfield and |
DuQuoin. The Treasurer shall
establish competitive procedures |
for the selection of financial institutions
to provide the |
services authorized under this Section. No State agency may |
procure services authorized by this Section without the |
approval of the Treasurer.
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(b) The Treasurer shall enter into written agreements with |
the
authorities having jurisdiction of the property where the |
services are intended
to be provided. These agreements shall |
include, but need not be limited
to, the quantity of machines |
to be located at the property and the exact
location of the |
service or machine and shall establish responsibility for
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payment of expenses incurred in locating the machine or |
service.
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(c) The Treasurer's agreement with a financial institution |
may authorize
the financial institution to provide any or all |
of the banking services that
the financial institution is |
otherwise authorized by law to provide to the
public.
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The Treasurer's agreement with a financial
institution |
shall establish the amount of compensation to
be paid by the |
financial institution. The financial institution shall pay the
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