[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
92_HB1729 LRB9205337REdv 1 AN ACT concerning the State Comptroller. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The State Comptroller Act is amended by 5 changing Section 9.03 as follows: 6 (15 ILCS 405/9.03) (from Ch. 15, par. 209.03) 7 Sec. 9.03. Direct deposit of State payments. The 8 Comptroller, with the approval of the State Treasurer, may 9 provide by rule or by regulation for the direct deposit of 10 any payment lawfully payable from the State Treasury and in 11 accordance with federal banking regulations including but not 12 limited to payments to (i) persons paid from personal 13 services, (ii) persons receiving benefit payments from him 14 under the State pension systems, (iii) individuals who 15 receive assistance under Articles III, IV, and VI of the 16 Illinois Public Aid Code, (iv) providers of services under 17 the Mental Health and Developmental Disabilities 18 Administrative Act, (v) providers of community-based mental 19 health services, and (vi) providers of services under 20 programs administered by the State Board of Education, in the 21 accounts of those persons or entities maintained at a bank, 22 savings and loan association, or credit union, where 23 authorized by the payee. The Comptroller also may deposit 24 public aid payments for individuals who receive assistance 25 under Articles III, IV, VI, and X of the Illinois Public Aid 26 Code directly into an electronic benefits transfer account in 27 a financial institution approved by the State Treasurer as 28 prescribed by the Illinois Department of Human Services and 29 in accordance with the rules and regulations of that 30 Department and the rules and regulation adopted by the 31 Comptroller and the State Treasurer. The Comptroller, with -2- LRB9205337REdv 1 the approval of the State Treasurer, may provide by rule for 2 the electronic direct deposit of payments to public agencies 3 and any other payee of the State. The electronic direct 4 deposits may be made to the designated account in those 5 financial institutions specified in this Section for the 6 direct deposit of payments. Within 6 months after the 7 effective date of this amendatory Act of 1994, the 8 Comptroller shall establish a pilot program for the 9 electronic direct deposit of payments to local school 10 districts, municipalities, and units of local government. The 11 payments may be made without the use of the voucher-warrant 12 system, provided that documentation of approval by the 13 Treasurer of each group of payments made by direct deposit 14 shall be retained by the Comptroller. The form and method of 15 the Treasurer's approval shall be established by the rules or 16 regulations adopted by the Comptroller under this Section. 17 (Source: P.A. 88-641, eff. 9-9-94; 88-643, eff. 1-1-95; 18 89-235, eff. 8-4-95; 89-507, eff. 7-1-97.)