Synopsis As Introduced Amends the State Comptroller Act. Requires that the Comptroller publish each comprehensive annual financial report (CAFR) within 6 months after the end of the fiscal year to which the report relates. Requires that the Comptroller give notice of a publication delay to the Governor and legislative leaders and on the Comptroller's official website. Effective July 1, 2010.
Deletes everything after the enacting clause. Amends the State Comptroller Act. With certain exceptions, requires each State agency to report the necessary information to the Comptroller by each October 31 for the Comptroller's publication of the State's comprehensive annual financial report by each December 31. Establishes measures to deal with delinquent or insufficient reports from State agencies, including the Comptroller's withholding of compensation and expense reimbursement of the director or secretary of a delinquent State agency and the development of action plans by delinquent State agencies. Effective immediately.
Senate Floor Amendment No. 1 Makes the Comptroller's authority to withhold the salary and expense reimbursement of a delinquent State agency director or secretary subject to approval by the Governor.
Replaces everything after the enacting clause. Amends the Public Utilities Act. In a provision concerning rate changes based on changes in fuel costs, provides that the quantity of SNG supplied to an Illinois public utility may not exceed 16 million MMBtus per year. Provides that carbon dioxide emission credits equivalent to 50% of the amount of credits associated with the required sequestration of carbon dioxide from the SNG facility must be permanently retired unless the owner of the SNG facility is required to fund carbon dioxide transportation or sequestration. Provides that the State of Illinois may not enact any law or take any action to break or repeal the authority for SNG purchase contracts or deny public gas utilities their full cost recovery for contract costs that are incurred under such SNG purchase contracts. Provides that the State of Illinois retains and reserves all other rights to enact new or amendatory legislation or take any other action, including, but not limited to, such legislation or other action that would (1) directly or indirectly raise the costs that the clean coal SNG facility must incur; (2) directly or indirectly place additional restrictions, regulations, or requirements on the clean coal SNG facility; (3) prohibit sequestration in general or prohibit a specific sequestration method or project; or (4) increase minimum sequestration requirements. Effective immediately.