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1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The State Comptroller Act is amended by changing
5Section 23.7 as follows:
 
6    (15 ILCS 405/23.7)
7    Sec. 23.7. Comptroller; local government and school
8district registry. The Comptroller shall establish and
9maintain a registry of all units of local government and school
10districts within the State. Information in the registry may
11include, but shall not be limited to, the name, address, and
12type of government unit, the names of current elected or
13appointed office holders, and such other information as the
14Comptroller may determine. Each county clerk shall notify the
15Comptroller upon learning of the creation or dissolution of any
16unit of local government or school district.
17(Source: P.A. 90-104, eff. 7-11-97.)
 
18    Section 10. The Illinois Municipal Code is amended by
19changing Section 8-8-3.5 as follows:
 
20    (65 ILCS 5/8-8-3.5)
21    Sec. 8-8-3.5. Tax Increment Financing Report. The reports

 

 

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1filed under subsection (d) of Section 11-74.4-5 of the Tax
2Increment Allocation Redevelopment Act and the reports filed
3under subsection (d) of Section 11-74.6-22 of the Industrial
4Jobs Recovery Law in the Illinois Municipal Code must be
5separate from any other annual report filed with the
6Comptroller. The Comptroller must, in cooperation with
7reporting municipalities, create a format for the reporting of
8information described in paragraphs (1.5) and (5) and in
9subparagraph (G) of paragraph (7) of subsection (d) of Section
1011-74.4-5 of the Tax Increment Allocation Redevelopment Act and
11the information described in paragraphs (1.5) and (5) and in
12subparagraph (G) of paragraph (7) of subsection (d) of Section
1311-74.6-22 of the Industrial Jobs Recovery Law that facilitates
14consistent reporting among the reporting municipalities. The
15Comptroller may allow these reports to be filed electronically
16and may display the report, or portions of the report,
17electronically via the Internet. All reports filed under this
18Section must be made available for examination and copying by
19the public at all reasonable times. A Tax Increment Financing
20Report must be filed electronically with the Comptroller within
21180 days after the close of the municipal fiscal year or as
22soon thereafter as the audit for the redevelopment project area
23for that fiscal year becomes available. If the Tax Increment
24Finance administrator provides the Comptroller's office with
25sufficient evidence that the report is in the process of being
26completed by an auditor, the Comptroller may grant an

 

 

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1extension. If the required report is not filed within the time
2extended by the Comptroller, the Comptroller may charge a
3municipality a fee of $5 per day for the first 15 days past
4due, $10 per day for 16 through 30 days past due, $15 per day
5for 31 through 45 days past due, and $20 per day for the 46th
6day and every day thereafter. All fees collected pursuant to
7this Section shall be deposited into the Comptroller's
8Administrative Fund.
9(Source: P.A. 91-478, eff. 11-1-99; 91-900, eff. 7-6-00.)
 
10    Section 99. Effective date. This Act takes effect upon
11becoming law.