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| Public Act 098-0497 | ||||
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The State Comptroller Act is amended by changing | ||||
Section 23.7 as follows:
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(15 ILCS 405/23.7)
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Sec. 23.7. Comptroller; local government and school | ||||
district registry. The Comptroller shall
establish and | ||||
maintain a registry of all units of local government and school | ||||
districts within the
State. Information in the registry may | ||||
include, but shall not be limited to,
the name, address, and | ||||
type of government unit, the names of current elected or
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appointed office holders, and such other information as the | ||||
Comptroller may
determine. Each county clerk shall notify the | ||||
Comptroller upon learning of the
creation or dissolution of any | ||||
unit of local government or school district.
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(Source: P.A. 90-104, eff. 7-11-97.)
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Section 10. The Illinois Municipal Code is amended by | ||||
changing Section 8-8-3.5 as follows:
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(65 ILCS 5/8-8-3.5)
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Sec. 8-8-3.5. Tax Increment Financing Report. The reports | ||||
filed under
subsection (d) of Section 11-74.4-5 of the Tax | ||
Increment Allocation
Redevelopment Act and the reports filed | ||
under subsection (d) of Section
11-74.6-22 of the Industrial | ||
Jobs Recovery Law
in the Illinois Municipal Code must be | ||
separate from any
other annual report filed with the | ||
Comptroller. The Comptroller must, in
cooperation with | ||
reporting municipalities, create
a format for the reporting of | ||
information described in paragraphs (1.5)
and (5) and
in | ||
subparagraph (G) of paragraph (7) of subsection (d) of Section
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11-74.4-5 of
the Tax Increment Allocation Redevelopment Act
and | ||
the information described in paragraphs (1.5) and (5) and in | ||
subparagraph
(G) of paragraph (7) of subsection (d) of Section | ||
11-74.6-22 of the Industrial
Jobs Recovery Law
that facilitates | ||
consistent
reporting among the reporting municipalities. The | ||
Comptroller may allow these
reports to be filed electronically | ||
and may display the report, or portions of
the report, | ||
electronically via the Internet. All reports filed under this
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Section must be made available for examination and copying by | ||
the public at all
reasonable times. A Tax Increment Financing | ||
Report must be filed electronically with the Comptroller within | ||
180 days after the close of the municipal fiscal year or as | ||
soon thereafter as the audit for the redevelopment
project area | ||
for that fiscal year becomes available. If the Tax Increment | ||
Finance administrator provides the Comptroller's office with | ||
sufficient evidence that the report is in the process of being | ||
completed by an auditor, the Comptroller may grant an | ||
extension. If the required report is not filed within
the
time | ||
extended by the Comptroller, the Comptroller may charge a | ||
municipality a fee of $5 per day for the first 15 days past | ||
due, $10 per day for 16 through 30 days past due, $15 per day | ||
for 31 through 45 days past due, and $20 per day for the 46th | ||
day and every day thereafter. All fees collected pursuant to | ||
this Section shall be deposited into the Comptroller's | ||
Administrative Fund.
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(Source: P.A. 91-478, eff. 11-1-99; 91-900, eff. 7-6-00.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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