SCHOENBERG. 30 ILCS 105/9c new Amends the State Finance Act. Requires the Comptroller to compile and maintain a list of the names and addresses of all persons and entities that have invested in public bonds or any other form of State debt, the amount the persons or entities invested, the type of investment, and, for purposes of certificates of participation only, the project for which the certificates were issued. Requires the list to be available for review by the public upon request by any person and by means of a searchable database that is accessible through the World Wide Web. FISCAL NOTE (Comptroller) Based on $25.7 billion in bond issues, the Comptroller could need to maintain a database of 257,000 entities. Cost to com- pile the database could extend into the millions. There would be a one-time cost of $16,000 plus $36,000 annually to load and maintain the database, plus additional costs for updating and distributing the information. Access through the World Wide Web could be costly and creation of a web page could cost upwards of $70,000, plus maintenance costs. HOUSE AMENDMENT NO. 1. Deletes everything. Amends the State Finance Act. Creates a Section with a caption only. STATE MANDATES FISCAL NOTE, H-AM 1 In the opinion of DCCA, HB852, with H-am 1, fails to create a State mandate. 97-02-20 H FIRST READING 97-02-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-26 H ASSIGNED TO COMMITTEE APP-GEN SERVS 97-03-18 H FISCAL NOTE FILED 97-03-18 H COMMITTEE APP-GEN SERVS 97-03-20 H STATE MANDATES FISCAL NOTE REQUESTED BIGGINS 97-03-20 H AMENDMENT NO. 01-APP-GEN SERVS H 97-03-20 H ADOPTED 97-03-20 H DO PASS AMENDED/SHORT DEBATE 012-001-001 HAPG 97-03-20 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-03-20 H FISCAL NOTE REQUESTED AS AMENDED/BIGGINS 97-03-20 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-03 H STATE MANDATES FISCAL NOTE FILED AS AMENDED 97-04-03 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-10 H SECOND READING-SHORT DEBATE 97-04-10 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-25 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary