Bill > HB2588

This bill modifies the State Comptroller Act to clarify the process for deductions from state warrants or payments for public agencies or associations organized under intergovernmental agreements. Specifically, the bill requires that any request for a deduction by a public agency or association created through an intergovernmental agreement (as defined by the Intergovernmental Cooperation Act) must now be accompanied by either a written agreement between the two parties involved or a court order. The bill applies to situations where an entity is owed money and wants to request a deduction from a state warrant or payment, such as for a school district, local government, or public institution of higher education. The changes aim to provide additional documentation and transparency for these financial transactions, ensuring that there is clear evidence supporting the requested deduction. The bill takes effect immediately upon becoming law, meaning the new requirements will apply as soon as the bill is signed.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2588&GAID=18&DocTypeID=HB&SessionID=114&GA=104