Bill > HB2433

This bill amends the State Finance Act to modify the rules surrounding petty cash funds for the Secretary of State's Motor Vehicle Facilities. Currently, state agencies can maintain petty cash funds up to $1,000, with some exceptions. The bill specifically allows the Secretary of State to maintain a petty cash fund exceeding $1,000 at Motor Vehicle Facilities, solely for the purpose of making change. The bill removes previous language that limited the fund to specific Motor Vehicle Facilities in cities like Chicago, Springfield, Champaign, and others. The legislation also permits these funds to be retained on the premises of the facility, rather than requiring them to be kept in a bank account. This change provides more flexibility for the Secretary of State's offices in managing small cash transactions and maintaining adequate change for customer services. The bill will take effect immediately upon becoming law, which is typical for administrative procedural changes like this one.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2433&GAID=18&DocTypeID=HB&SessionID=114&GA=104