State of Illinois
90th General Assembly
Legislation

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[ House Amendment 001 ]

90_HB0852

      30 ILCS 105/9c new
          Amends the State Finance Act.  Requires  the  Comptroller
      to  compile and maintain a list of the names and addresses of
      all persons and entities that have invested in  public  bonds
      or  any  other  form of State debt, the amount the persons or
      entities invested, the type of investment, and, for  purposes
      of  certificates of participation only, the project for which
      the  certificates  were  issued.  Requires  the  list  to  be
      available for review by the public upon request by any person
      and by means of a  searchable  database  that  is  accessible
      through the World Wide Web.
                                                    LRB9002486DNmbA
                                              LRB9002486DNmbA
 1        AN  ACT  to amend the State Finance Act by adding Section
 2    9c.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.   The  State Finance Act is amended by adding
 6    Section 9c as follows:
 7        (30 ILCS 105/9c new)
 8        Sec.  9c.    Disclosure   of   public   investors.    The
 9    Comptroller  shall  compile  and maintain a list of the names
10    and addresses of all persons and entities that have  invested
11    in  public  bonds or any other form of State debt, the amount
12    the persons or entities invested,  the  type  of  investment,
13    and,  for purposes of certificates of participation only, the
14    project  for  which  the  certificates   were   issued.   The
15    Comptroller  shall  make the list available for review by the
16    public (i) upon request by any person and (ii) by means of  a
17    searchable database that is accessible through the World Wide
18    Web.

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