100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
Introduced , by Rep. Fred Crespo
SYNOPSIS AS INTRODUCED:
Amends the State Finance Act. Requires each State agency to report to
the State Comptroller the aggregate dollar amount of all current
liabilities held at the time of the report and an estimate of any interest
penalties that have accrued under the State Prompt Payment Act. Provides
that the report shall be made in a time and form prescribed by the State
Comptroller. Removes related language.
A BILL FOR
|HB3649||LRB100 11329 MLM 21704 b|
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The State Finance Act is amended by changing
Section 9.08 as follows:
(30 ILCS 105/9.08)
State agency reports; bills held by the agency.
Each State agency shall report to the State Comptroller
the aggregate dollar amount of all current liabilities being
held and an estimate of interest penalties accrued under the
State Prompt Payment Act. The report shall be made in a time
and form prescribed by the State Comptroller.
On October 1,
2013 and by October 1 of each fiscal year thereafter, each
State agency shall report the aggregate dollar amount of any
bills held at the State agency on the previous June 30 to the
Office of the State Comptroller.
(b) As soon as possible after receiving a report from a
State agency under subsection (a) of this Section, the State
Comptroller shall post on his or her public-facing website the
amount reported by the State agency.
(c) For purposes of this Section, "State agency" means: all
executive branch officers, boards, commissions and agencies
created by the Constitution; all officers,