LOCAL-INDEBTEDNESS REPORTING

Session: 103rd General Assembly
Year: 2023
Bill #: HB3181
Category: Revenue
Position: No position
Mandate? Yes
Revenue Loss?
Authority Preemption? Yes

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Summary as Introduced

Amends the Governmental Account Audit Act, Counties Code, and Illinois Municipal Code. Provides that every financial report and audit report created by a governmental unit, county, or municipality, including, but not limited to, a report provided to the Comptroller, shall include a complete accounting of indebtedness of the governmental unit, county, or municipality. Limits home rule powers.



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