Full Text of HB2974 98th General Assembly
HB2974ham001 98TH GENERAL ASSEMBLY | Rep. Brandon W. Phelps Filed: 3/8/2013
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| 1 | | AMENDMENT TO HOUSE BILL 2974
| 2 | | AMENDMENT NO. ______. Amend House Bill 2974 on page 1, | 3 | | immediately below line 3, by inserting the following:
| 4 | | "Section 3. The Illinois Conservation Foundation Act is | 5 | | amended by changing Section 15 as follows:
| 6 | | (20 ILCS 880/15)
| 7 | | Sec. 15. Organization, powers, and duties of Foundation. As | 8 | | soon as
practical after the Foundation is created, the Board of | 9 | | Directors shall meet,
organize, and designate, by majority | 10 | | vote, a treasurer, secretary, and any
additional officers that | 11 | | may be needed to carry out the activities of the
Foundation, | 12 | | and shall adopt bylaws of the Foundation. The Department of
| 13 | | Natural Resources may adopt other rules deemed necessary
to | 14 | | govern Foundation procedures.
| 15 | | The Foundation may accept gifts or grants from the federal | 16 | | government, its
agencies or officers, or from any person, firm, |
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| 1 | | or corporation, and may expend
receipts on activities that it | 2 | | considers suitable to the performance of its
duties under this | 3 | | Act and consistent with any requirement of the grant, gift,
or | 4 | | bequest. Funds collected by the Foundation shall be considered
| 5 | | private funds, except those received from public entities, and | 6 | | shall be
held in an appropriate account outside of the State
| 7 | | Treasury.
Private funds collected by the Foundation are not | 8 | | subject to the Public
Funds Investment Act. The Foundation is | 9 | | exempt from the Accountability for the Investment of Public | 10 | | Funds Act. Foundation procurement is exempt from the Illinois
| 11 | | Procurement Code when only private funds are used for | 12 | | procurement
expenditures.
The treasurer of the Foundation | 13 | | shall be custodian of all Foundation
funds. The Foundation's | 14 | | accounts and books shall be set up and maintained in a
manner | 15 | | approved by the Auditor General; and the Foundation and its | 16 | | officers
shall be responsible for the approval of recording of | 17 | | receipts, approval of
payments, and the proper filing of | 18 | | required reports. The Foundation may be
assisted in carrying | 19 | | out its functions by personnel of the
Department of Natural | 20 | | Resources.
The Department shall provide reasonable assistance | 21 | | to the Foundation to
achieve the purposes of the Foundation.
| 22 | | The Foundation shall cooperate fully with the
boards, | 23 | | commissions, agencies, departments, and institutions of the | 24 | | State. The
funds held and made available by the Illinois | 25 | | Conservation Foundation shall be
subject to financial and | 26 | | compliance audits by the Auditor General in compliance
with the |
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| 1 | | Illinois State Auditing Act.
| 2 | | The Foundation shall not have any power of eminent domain.
| 3 | | (Source: P.A. 92-797, eff. 8-15-02.)
| 4 | | Section 4. The Accountability for the Investment of Public | 5 | | Funds Act is amended by adding Section 12 as follows: | 6 | | (30 ILCS 237/12 new) | 7 | | Sec. 12. Exemptions. This Act does not apply to the | 8 | | Illinois Conservation Foundation Act. ".
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