Scott BennettSPRINGFIELD – State Senator Scott Bennett (D-Champaign) voted today to give Illinoisans more transparent and up-to-date reports of the state’s financial picture.

The Illinois Senate voted to override the governor’s veto of The Debt Transparency Act. House Bill 3649 would require state agencies to report on a monthly basis to the comptroller’s office the total amount of unpaid bills they’re holding and estimate how much interest is owed on those bills.

“This is a commonsense reform that will ensure the government is being transparent with its taxpayers,” Bennett said. “In order for Illinois to become more fiscally sound, we need real-time, accurate information of the state’s financial status, and this bill is a good first step in achieving that.”

In the past two years, the state’s bill backlog has nearly tripled, making it all the more urgent that lawmakers receive timely reporting of the consequences of not having a budget.

Current state law only requires agencies to report on Oct. 1 of each year the aggregate amount of bills being held on the previous June 30. However, this information is outdated by the time it is sent to the comptroller. Presently, agencies already have the personnel and infrastructure in place to compile the data.

“Good government begins with accountability and transparency,” Bennett said. “Taxpayers absolutely deserve to know how their money is being spent. At the same time, we in the legislature need to know the vital information this bill will provide before we’re making critical budget decisions.”

House Bill 3649 will go into effect immediately.


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