|HB3649 Engrossed||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 provide a report to the State
Comptroller identifying: (i) current State liabilities held at
the agency, by fund source; (ii) whether the liabilities are
appropriated; and (iii) an estimate of interest penalties
accrued under the State Prompt Payment Act under criteria
prescribed by the State Comptroller. The report shall be
provided monthly in a time and form prescribed by the State
Comptroller in which the State Comptroller may provide a waiver
to the monthly reporting requirement if a State agency does not
have State liabilities.
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