90th General Assembly
Summary of SJRCA0015
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Senate Sponsors:
DILLARD.

House Sponsors:
CAPPARELLI-BRADY-BIGGINS-ZICKUS-BOLAND

Short description: 
CON AMEND-ELIMINAT COMPTROLLER                                             

Synopsis of Bill as introduced:
        Proposes  to  amend  the  Executive  Article  of   the   Illinois      
   Constitution.    Eliminates  the  Office of the Comptroller.  Provides      
   that the Treasurer shall  (i)  maintain  the  State's  central  fiscal      
   accounts  and  order  payments  into  and out of the accounts, (ii) be      
   responsible  for  the  safekeeping  and  investment  of   monies   and      
   securities  deposited  with  him or her, and (iii) have the duties and      
   powers that may be prescribed by law.  Effective  upon  conclusion  of      
   the term of the Comptroller elected in 1998.                                
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          ILCON Art. V, Sec. 16.5 new                                          
        Deletes everything. 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 maintain the State's central         
   fiscal accounts and order payments into and out of the accounts and be      
   responsible for the safekeeping and investment of monies and securi-        
   ties 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 Comptrol-       
   ler elected in 1998 as to the elimination of the Treasurer and the          
   Comptroller.                                                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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