SB1836ham002 97TH GENERAL ASSEMBLY

Rep. Dwight Kay

Filed: 5/18/2011

09700SB1836ham002 LRB097 08154 PJG 55654 a

AMENDMENT TO SENATE BILL 1836

AMENDMENT NO. ______. Amend Senate Bill 1836 by replacing everything after the enacting clause with the following:

"Section 5. The State Finance Act is amended by adding Section 9.08 as follows:

(30 ILCS 105/9.08 new)

Sec. 9.08. Vouchers; submission; posting.

(a) Within 25 business days after a State agency receives a vendor's bill or invoice for goods or services payable from the General Funds, the State agency must either (i) submit a voucher to the Comptroller for payment of the bill or invoice or (ii) return the bill or invoice to the vendor to correct specified errors or inaccuracies in the bill or invoice.

(b) Within 5 business days after the Comptroller receives an error-free voucher for payment of a vendor's bill or invoice for goods or services from a State agency, the Comptroller must approve or deny the voucher. If the voucher is approved, the Comptroller shall immediately post the transaction to the Statewide Accounting Management System. Within 2 business days after approval of a voucher, the Comptroller shall post the payment transaction or the accounts payable transaction in aggregate for vouchers payable from the General Funds on the Comptroller's website.

Section 99. Effective date. This Act takes effect upon becoming law.".