(15 ILCS 405/17)
(from Ch. 15, par. 217)
Inventory control records.
The comptroller shall maintain current
inventory records of property held by or on behalf of the State or any
State agency, which may be copies of the official inventory control records
maintained by State agencies or summaries thereof. The Office of the Comptroller shall define reporting requirements and thresholds to be used by State agencies in the Comptroller's Statewide Accounting Management System (SAMS) manual. The Department of Central
Management Services and each other State agency so
holding such property shall report to the comptroller, on forms prescribed
by the comptroller, all property acquired or disposed of by that agency,
in such detail and at such times as the comptroller requires, by rule, to
current inventory records. The Department of Central Management
Services shall transmit to the comptroller a certified copy of all reports
it may issue concerning State property, including its annual report.
(Source: P.A. 98-904, eff. 8-15-14.)