Illinois General Assembly - Bill Status for HB3856
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 Bill Status of HB3856  99th General Assembly


Short Description:  MUNI FINANCIAL DISTRESS ALERT

House Sponsors
Rep. Marcus C. Evans, Jr.

Last Action
DateChamber Action
  3/19/2015HouseTabled

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Municipal Financial Distress Alert System Act. Requires the State Comptroller to establish an index system to identify municipalities that are in or approaching financial distress. Provides that the Comptroller shall use the index system to indicate municipalities that have failed to submit annual audits or financial reports to the Comptroller as required by law. Requires the Comptroller to annually review audits and financial reports obtained under the Governmental Account Audit Act and publish a report identifying municipalities that are in or approaching financial distress. Defines terms.

Actions 
DateChamber Action
  2/27/2015HouseFiled with the Clerk by Rep. Marcus C. Evans, Jr.
  2/27/2015HouseFirst Reading
  2/27/2015HouseReferred to Rules Committee
  3/12/2015HouseAssigned to Executive Committee
  3/18/2015HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Marcus C. Evans, Jr.
  3/19/2015HouseMotion Prevailed
  3/19/2015HouseTabled

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