Illinois HB4196 mandates monthly approval of credit card statements by townships, park districts, municipalities, school districts, and community.
HB4196 requires the governing authorities of townships, park districts, municipalities, school districts, and community colleges to vote monthly on the validity of credit card statements. The statements must detail all purchases made in the previous month and cannot be redacted. If the entity maintains a website with full-time staff, the approved statement must be published online. The bill applies to any entity issued a credit card.
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