(220 ILCS 5/21-901)
(Section scheduled to be repealed on July 1, 2015)
Sec. 21-901. Audits.
(a) Upon receiving notice under item (4) of subsection (e) of Section 21-401 of this Act that a holder has received State-issued authorization under this Article, a local unit of government shall notify the holder of the requirements it imposes on other cable service or video service providers in its jurisdiction to submit to an audit of its books and records. The holder shall comply with the same requirements the local unit of government imposes on other cable service or video service providers in its jurisdiction to audit the holder's books and records and to recompute any amounts determined to be payable under the requirements of the local unit of government. If all local franchises between the local unit of government and a cable operator terminate, the audit requirements shall be those adopted by the local government pursuant to the Local Government Taxpayers' Bill of Rights Act. No acceptance of amounts remitted should be construed as an accord that the amounts are correct.
(b) Any additional amount due after an audit shall be paid within 30 days after the local unit of government's submission of an invoice for the sum.
(Source: P.A. 95-9, eff. 6-30-07; 95-876, eff. 8-21-08.)
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Last modified: February 18, 2015