Bill Title: Amends the State Property Control Act. In provisions concerning the permanent record a responsible officer must maintain of items of State property, sets the definition of "nominal value", below which a responsible officer need not maintain a permanent record of the items, as $5,000 or less. Allows the administrator to set a higher limit by rule. Provides that nothing in the provisions shall be construed as relieving responsible officers of the duty to reasonably ensure that State property is not subject to theft. Provides that physical inventory checks only need to be made for property not of nominal value.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2017-08-18 - Public Act . . . . . . . . . 100-0193 [HB3658 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Norine Hammond [R]	Primary	Sponsored Bills	HD-094	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jil Tracy [R]	Primary	Sponsored Bills	SD-050	FollowTheMoney	Ballotpedia	VoteSmart

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