August 21, 2018
To the Honorable
The Illinois Senate,
I return Senate Bill 2857 with specific recommendations for change.
this proposed legislation, the State Treasurer is seeking to impose up to $12
million annually in undisclosed and unsupervised administrative fees on the
rest of the State government to perform his already prescribed constitutional
duty of safekeeping and investing State funds.
bill will leave the Treasurer less accountable and less transparent during the
annual budget process, undermining the legislature’s responsibility to budget
and the public’s right to control the process via public input. As we strive to
improve government accountability and budgeting accuracy through efforts such
as ending offshoring of employees, it would be inconsistent and detrimental to
these objectives to allow the Treasurer new power to garnish his own self-set
fees from funds that don’t receive the same scrutiny as the General Revenue Fund.
Furthermore, this bill far exceeds the original purpose of the statute, which
narrowly allowed the Treasurer to impose an administrative charge with respect
to certain deposits by circuit clerks, county clerks, and other entities. The
intention was never to allow charges to other state agencies to fulfill the
Treasurer’s basic constitutionally mandated functions.
pursuant to Section 9(e) of Article IV of the Illinois Constitution of 1970, I
hereby return Senate Bill 2857, entitled “AN ACT concerning state government”,
with the following specific recommendations for change:
replacing page 1, line 6 through page 3, line 8 with the following:
ate Treasurer administrative charge. The State Treasurer
may retain an administrative charge for the costs of services associated with
the deposit of moneys that are remitted directly to the State Treasurer. The
administrative charge collected under this Section shall be deposited into the
State Treasurer's Administrative Fund. The amount of the administrative charge shall
be determined by the General Assembly
may be determined by the State
Treasurer and shall not exceed 2% of the amount deposited.
Section shall apply to fines, fees, or other amounts remitted directly to the
State Treasurer by circuit clerks, county clerks, and other entities for
deposit into a fund in the State treasury. This Section does not apply to
amounts remitted by State agencies or certified collection specialists as
defined in 74 Ill. Admin. Code 1200.50. This Section shall apply only to any
form of fines, fees, or other collections created on or after the effective
date of this amendatory
Act of the 98th General
Moneys in the State Treasurer's Administrative
Fund are subject to appropriation by the General Assembly.
P.A. 98-965, eff. 8-15-14.)”.
these changes, Senate Bill 2857 will have my approval. I respectfully request