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Debt Transparency Act

  • Debt Transparency Act becomes law after Senate overrides governor’s veto

    transparencySPRINGFIELD – A day after Illinois’ bill backlog reached $16.7 billion, members of the state Senate rejected a system that allows government agencies to conceal unpaid invoices from the comptroller and taxpayers for months on end.

    The Illinois Senate on Wednesday voted to override the governor’s veto of the Debt Transparency Act, a commonsense measure that demands better accounting and reporting practices by state agencies so that officials can understand the true extent of the bill backlog at any given time.

  • Rauner punts on solutions again

    Sen. Andy ManarSPRINGFIELD – Gov. Bruce Rauner today passed on signing a commonsense law that would save taxpayers millions of dollars in late payment fees because he believes it’s an attempt to “micromanage” state agencies.

    It’s another example of how the governor sends mixed messages to the people of Illinois, said Senator Andy Manar, a Bunker Hill Democrat and the sponsor of House Bill 3649, the proposed Debt Transparency Act, which Rauner vetoed.

    “One day Gov. Rauner rails about waste, fraud and abuse in Springfield. The next day, given an opportunity to do something about it, he punts,” Manar said. “It’s maddening.

    “Illinois taxpayers shell out $2 million a day in late payment fees and interest because of the state’s bill backlog. This law simply would ask state agencies to help the comptroller manage that debt better by reporting every month on the bills they owe to vendors.”