The State Comptroller, in conjunction with the Department of Central Management Services, shall submit a report to the General Assembly no later than January 31, 2011. The report shall include the following information, which shall be broken down by State agency and vendor:
         (1) the number and total dollar amount of interest
    
penalty payment vouchers submitted to the Comptroller’s office on or after August 18, 2009 and before January 1, 2011 for interest payments of less than $5;
        (2) the number and total dollar amount of interest
    
penalty payment vouchers submitted to the Comptroller’s office on or after August 18, 2009 and before January 1, 2011 for interest payments of at least $5 but less than $50; the report shall indicate the number and total dollar amount of (i) those paid automatically and (ii) those initiated by written request of the vendor; and
        (3) the aggregate cost of processing the interest
    
penalty payment vouchers referenced in items (1) and (2).
    The report shall also include recommendations regarding establishing a minimum threshold for payment of interest penalties to vendors and increased efficiencies, including, but not limited to, consolidation of multiple payments to the same vendor.
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Terms Used In Illinois Compiled Statutes 30 ILCS 540/3-2.1

  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
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