SB2610 amends the State Finance Act to facilitate fund transfers into the Audit Expense Fund.
SB2610 amends the State Finance Act by detailing the transfer of specific amounts from various funds into the Audit Expense Fund. This includes funds such as the Illinois State Fair Fund, Illinois Student Assistance Commission Contracts and Grants Fund, and others. The bill specifies that these transfers are to cover the costs of audits, studies, and investigations as authorized by the Illinois State Auditing Act. The State Comptroller and Treasurer are directed to execute these transfers, with the Auditor General overseeing the process and ensuring compliance with the Act.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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