Illinois Compiled Statutes 30 Finance: Article -

• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 1
  Short title. This Act may be cited as the Grant Accountability and Transparency Act. (Source: P.A. 98-706, eff. 7-16-14.)
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 5
  Legislative intent. (a) This Act, which is the product of the work of the Illinois Single Audit Commission, created by Public Act 98-47, is intended...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 10
  Purpose. The purpose of this Act is to establish uniform administrative requirements, cost principles, and audit requirements for State and federal pass-through awards to non-federal...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 15
  Definitions. As used in this Act: "Allowable cost" means a cost allowable to a project if: (1) the costs are reasonable and necessary for the...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 20
  Adoption of federal rules applicable to grants. (a) On or before July 1, 2015, the Governor's Office of Management and Budget, with the advice and...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 25
  Supplemental rules. On or before July 1, 2015, the Governor's Office of Management and Budget, with the advice and technical assistance of the Illinois Single...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 30
  Catalog of State Financial Assistance. The Catalog of State Financial Assistance is a single, authoritative, statewide, comprehensive source document of State financial assistance program information....
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 35
  Conflicts of interest. The Governor's Office of Management and Budget shall adopt rules regarding conflict of interest policies for awards. A non-federal entity must disclose...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 40
  Mandatory disclosures. The Governor's Office of Management and Budget, with the advice and technical assistance of the Illinois Single Audit Commission, shall adopt rules requiring...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 45
  Applicability. (a) The requirements established under this Act apply to State grant-making agencies that make State and federal pass-through awards to non-federal entities. These requirements...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 50
  State grant-making agency responsibilities. (a) The specific requirements and responsibilities of State grant-making agencies and non-federal entities are set forth in this Act. State agencies...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 55
  The Governor's Office of Management and Budget responsibilities. (a) The Governor's Office of Management and Budget shall: (1) provide technical assistance and interpretations of policy...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 60
  Grant Accountability and Transparency Unit responsibilities. (a) The Grant Accountability and Transparency Unit within the Governor's Office of Management and Budget shall be responsible for:...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 65
  Audit requirements. (a) The standards set forth in Subpart F of 2 CFR 200 and any other standards that apply directly to State or federal...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 70
  Review date. The Governor's Office of Management and Budget shall review this Act at least once every 5 years after December 26, 2014 in conjunction...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 75
  State program exceptions. (a) With the exception of the audit requirements set forth in 2 CFR 200.102, exceptions may be allowed for classes of State...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 80
  Supersession. On and after July 1, 2015, in the event of a conflict with the Grant Funds Recovery Act, the provisions of this Act shall...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 85
  Implementation date. The Governor's Office of Management and Budget shall adopt all rules required under this Act on or before July 1, 2015. (Source: P.A....
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 90
  Agency implementation. All State grant-making agencies shall implement the rules issued by the Governor's Office of Management and Budget on or before July 1, 2015....
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 95
  Annual report. Effective January 1, 2016 and each January 1 thereafter, the Governor's Office of Management and Budget, in conjunction with the Illinois Single Audit...
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 100
  Repeal. This Act is repealed 5 years after the effective date of this Act. (Source: P.A. 98-706, eff. 7-16-14.)
• Illinois Finance: Article -
  Amendatory provisions; text omitted
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 505
  (Amendatory provisions; text omitted). (Source: P.A. 98-706, eff. 7-16-14; text omitted.)
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 510
  The Illinois Grant Funds Recovery Act is amended by repealing Section 4.2. (Source: P.A. 98-706, eff. 7-16-14.)
• Illinois Finance: Article -
  Amendatory provisions; text omitted
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 515
  (Amendatory provisions; text omitted). (Source: P.A. 98-706, eff. 7-16-14; text omitted.)
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 997
  Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 98-706, eff. 7-16-14.)
• Illinois Grant Accountability and Transparency Act. - 30 ILCS 708, Section 999
  Effective date. This Act takes effect upon becoming law. (Source: P.A. 98-706, eff. 7-16-14.)

Last modified: February 18, 2015