Public Act 93-0499 HB3142 Enrolled LRB093 09498 SJM 09733 b AN ACT concerning public funds. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 1. Short title. This Act may be cited as the Accountability for the Investment of Public Funds Act. Section 5. Definitions. As used in this Act: "Public funds" means current operating funds, special funds, interest and sinking funds, and funds of any kind or character belonging to or in the custody of any State agency. "State agency" means those entities included in the definition of "State agencies" in the Illinois State Auditing Act. Section 10. Online information concerning investment of public funds. Each State agency shall make available on the Internet, and update at least monthly by the 15th of the month, sufficient information concerning the investment of any public funds held by that State agency to identify the following: (1) the amount of funds held by that agency on the last day of the preceding month or the average daily balance for the preceding month; (2) the total monthly investment income and yield for all funds invested by that agency; (3) the asset allocation of the investments made by that agency; and (4) a complete listing of all approved depository institutions, commercial paper issuers, and broker-dealers approved to do business with that agency. Section 15. Information exempt from posting requirement. Nothing in this Act shall require a State agency to make information available on the Internet that is exempt from inspection and copying under the Freedom of Information Act.