State of Illinois
90th General Assembly
Legislation

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[ House Amendment 001 ]

90_HC0002

      (ILCON Art. V, Sec. 1)
      (ILCON Art. V, Sec. 3)
      (ILCON Art. V, Sec. 7)
      (ILCON Art. V, Sec, 16.5 new)
      (ILCON Art. V, Sec. 17)
      (ILCON Art. V, Sec. 18)
          Proposes to amend the Executive Article of  the  Illinois
      Constitution.    Eliminates  the offices of the Treasurer and
      Comptroller.  Creates the office of State Financial  Officer.
      Provides  that the State Financial Officer shall (i) maintain
      the State's central fiscal accounts and order  payments  into
      and  out  of  the  accounts  and  (ii) be responsible for the
      safekeeping and investment of monies and securities deposited
      with him  or  her.   Effective  upon  voter  approval  as  to
      creation  of the State Financial Officer; effective beginning
      with the election in 2002 as  to  the  election  of  a  State
      Financial Officer; and effective upon conclusion of the terms
      of  the  Treasurer  and Comptroller elected in 1998 as to the
      elimination of the Treasurer and the Comptroller.
                                                     LRB9001446DNsb
                                               LRB9001446DNsb
 1                       HOUSE JOINT RESOLUTION
 2                      CONSTITUTIONAL AMENDMENT
 3        RESOLVED,  BY  THE  HOUSE  OF  REPRESENTATIVES   OF   THE
 4    NINETIETH  GENERAL  ASSEMBLY  OF  THE  STATE OF ILLINOIS, THE
 5    SENATE CONCURRING HEREIN, that there shall  be  submitted  to
 6    the  electors  of  the State for adoption or rejection at the
 7    general election next occurring at least 6 months  after  the
 8    adoption  of this resolution a proposition to amend Article V
 9    of the Illinois Constitution by changing Sections 1,  3,  and
10    7,  by  adding Section 16.5, and by repealing Sections 17 and
11    18 as follows:
12        (ILCON Art. V, Sec. 1)
13    SECTION 1. OFFICERS
14        The Executive Branch shall include a Governor, Lieutenant
15    Governor, Attorney General, Secretary  of  State,  and  State
16    Financial  Officer  Comptroller  and Treasurer elected by the
17    electors of the State. They shall keep the public records and
18    maintain a residence at the seat of government  during  their
19    terms of office.
20    (Source: Illinois Constitution.)
21        (ILCON Art. V, Sec. 3)
22    SECTION 3. ELIGIBILITY
23        To be eligible to hold the office of Governor, Lieutenant
24    Governor,  Attorney  General,  Secretary  of  State, or State
25    Financial Officer Comptroller or Treasurer, a person must  be
26    a  United  States  citizen,  at  least  25  years  old, and a
27    resident of this State for the three years preceding  his  or
28    her election.
29    (Source: Illinois Constitution.)
30        (ILCON Art. V, Sec. 7)
31    SECTION 7. VACANCIES IN OTHER ELECTIVE OFFICES
                            -2-                LRB9001446DNsb
 1        If  the  Attorney  General,  Secretary of State, or State
 2    Financial Officer Comptroller or Treasurer fails  to  qualify
 3    or  if the his office becomes vacant, the Governor shall fill
 4    the office by appointment. The appointee  shall  hold  office
 5    until  the  elected officer qualifies or until a successor is
 6    elected and qualified as may be provided by law and shall not
 7    be subject to removal by  the  Governor.  If  the  Lieutenant
 8    Governor  fails  to  qualify  or  if  the  his office becomes
 9    vacant, it shall remain vacant until the end of the term.
10    (Source: Illinois Constitution.)
11        SECTION 16.5.  STATE FINANCIAL OFFICER - DUTIES
12        The State Financial  Officer,  in  accordance  with  law,
13    shall  (i)  maintain the State's central fiscal accounts, and
14    order payments into and out of the accounts and (ii) shall be
15    responsible for the safekeeping and investment of monies  and
16    securities   deposited   with  him  or  her,  and  for  their
17    disbursement.
18        (ILCON Art. V, Sec. 17)
19    SECTION 17. COMPTROLLER - DUTIES (REPEALED)
20        The Comptroller, in accordance with law,  shall  maintain
21    the  State's central fiscal accounts, and order payments into
22    and out of the funds held by the Treasurer.
23    (Source: Illinois Constitution.)
24        (ILCON Art. V, Sec. 18)
25    SECTION 18. TREASURER - DUTIES (REPEALED)
26        The  Treasurer,  in  accordance  with   law,   shall   be
27    responsible  for the safekeeping and investment of monies and
28    securities deposited with him,  and  for  their  disbursement
29    upon order of the Comptroller.
30    (Source: Illinois Constitution.)
                            -3-                LRB9001446DNsb
 1                              SCHEDULE
 2        This Constitutional Amendment takes effect as follows:
 3        (1)  those   portions   creating   the  office  of  State
 4    Financial  Officer  take  effect  upon   approval   of   this
 5    Constitutional Amendment by the electors of this State;
 6        (2)  those portions providing for the election of a State
 7    Financial  Officer take effect beginning with the election in
 8    2002; and
 9        (3)  those  portions  eliminating  the  offices  of   the
10    Treasurer and the Comptroller take effect upon the conclusion
11    of  the  terms  of  the  Treasurer and Comptroller elected in
12    1998.

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