Illinois 2025-2026 Regular Session

Illinois House Bill HB2433

Introduced
2/3/25  
Refer
2/4/25  
Refer
2/25/25  
Report Pass
3/12/25  

Caption

FINANCE-SOS PETTY CASH

Summary

HB2433 amends the State Finance Act to adjust rules governing petty cash funds and purchasing cards used by Illinois state agencies. The bill keeps the general framework for petty cash funds, including Comptroller approval, internal controls, imprest-system operation, and reporting requirements, but makes targeted changes to the size and handling of certain funds. The bill specifically preserves higher petty cash limits for the Department of Revenue and the Secretary of State’s motor vehicle facilities, and clarifies that funds at specified Secretary of State facilities may be retained on-site. It also authorizes the Comptroller to continue setting rules for purchasing cards used in place of petty cash for small purchases, with a single-transaction cap not exceeding $1,000, and allows those transactions to be processed through state accounting procedures without the traditional voucher and warrant system.

Impact

HB2433 would modify Section 13.3 of the State Finance Act, affecting how state agencies manage small-dollar expenditures, petty cash, and purchasing card transactions. It does not create a new program, but it updates administrative finance rules for state agencies, the State Comptroller, the Department of Revenue, and the Secretary of State, including specific motor vehicle and public service facilities. The practical effect is to preserve and clarify existing authority for on-site cash handling and card-based purchasing while maintaining oversight, audit, and accounting controls.

Sentiment

No committee transcript or recorded vote information was provided, so there is no direct evidence of debate or opposition in the supplied materials. Based on the bill text, the measure appears technical and administrative rather than controversial, focused on operational finance procedures and agency flexibility. The caption and language suggest a routine government finance cleanup or adjustment bill.

Contention

No explicit points of contention are documented in the provided context. Potential areas of interest, if discussed, would likely involve the balance between convenience for state facilities that handle cash transactions and the need for Comptroller oversight, audit controls, and limits on petty cash and purchasing card use. The most specific operational issue is the special treatment of Secretary of State motor vehicle facilities and Department of Revenue facilities, which may draw attention because they handle frequent public-facing cash transactions.

Companion Bills

No companion bills found.

Previously Filed As

IL SB1614

FINANCE-SOS PETTY CASH

IL HB3466

Corporation Commission; removing Corporation Commission petty cash fund; effective date.

IL HB2333

FINANCE-INFORMATION TECH

IL HB3137

FINANCE-CONTRACT-SIGNATURES

IL HB3436

FINANCE-GENERAL FUNDS

IL SB1415

FINANCE-GENERAL FUNDS

IL HB1885

FINANCE-LINE ITEM TRANSFERS

IL H3925

State Finances

IL SB3916

HOSPITAL FINANCIAL RESOLUTION

IL SB3019

FINANCE-AGRICULTURAL BORROWER

Similar Bills

No similar bills found.