Public Act 099-0562
 
SB2260 EnrolledLRB099 16093 SMS 40417 b


  
    AN ACT concerning State government.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The State Treasurer Act is amended  by changing 
Sections 11 and 14 as follows:
 



    (15 ILCS 505/11)  (from Ch. 130, par. 11)



    Sec. 11. 
When any warrant is presented to the State 
Treasurer to be
countersigned, he shall do so if the warrant is 
in proper form and there
are sufficient moneys in the fund to 
pay the warrant. He shall also make a
record of the date and , 
amount of each warrant and name of the person to whom the same 
is made
payable.

    Upon request for a wire or electronic transfer of funds 
pursuant to a
warrant payable from the State treasury, the 
State Treasurer may impose upon
and collect from the requesting 
payee a service charge covering all costs
of such transfer.

(Source: P.A. 83-1249.)

 



    (15 ILCS 505/14)  (from Ch. 130, par. 14)



    Sec. 14. 


    He shall, at appropriate intervals but at least once each 
month at the close of each month, report to the State 
Comptroller
the amount of money received and paid out by him 
during the time period month, stating
on what account the same 
was received and paid; and shall, at appropriate
intervals but 
at least once each month, report to deposit with the 
Comptroller all
warrants, properly canceled, which he may have 
paid, and take the
Comptroller's receipt for the same.

(Source: P.A. 78-592.)

  


Effective Date:  1/1/2017