IL SB1713 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Regulatory Sunset Act. Provides for the repeal of the Illinois Public Accounting Act on January 1, 2029 (rather than January 1, 2024). Amends the Illinois Public Accounting Act. Provides that all applicants and registrants shall: (1) provide a valid address and email address to the Department of Financial and Professional Regulation, which shall serve as the address of record and email address of record, respectively, at the time of application for registration or renewal of a registration and (2) inform the Department of any change of address of record or email address of record within 14 days after such change either through the Department's website or by contacting the Department's licensure maintenance unit. Provides that a license application shall have an applicant's federal individual taxpayer identification number. Provides that all CPA firms or sole practitioners required to undergo a peer review shall submit to the Department peer review reports; letters of response, if applicable; acceptance letters; letters signed by the reviewed CPA firm accepting the peer review documents with the understanding that the CPA firm agrees to take certain actions, if applicable; and letters notifying the reviewed CPA firm that certain required actions have been completed, if applicable. Provides that the Secretary of Financial and Professional Regulation shall appoint a full-time CPA Coordinator. Provides that the hearing officer shall report the hearing officer's findings of fact, conclusions of law, and recommendations to the Committee (rather than to the Committee and the Secretary). Removes a provision providing that exhibits shall be certified without cost. Makes corresponding and other changes. Specifies that the changes made to the Regulatory Sunset Act take effect immediately.
Title
PUBLIC ACCOUNT ACT-VARIOUS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-31 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2023-03-30 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Licensed Activities; 009-000-000 |
| 2023-03-28 | Senate | Senate Floor Amendment No. 2 Assignments Refers to Licensed Activities |
| 2023-03-22 | Senate | Senate Floor Amendment No. 2 Referred to Assignments |
| 2023-03-22 | Senate | Senate Floor Amendment No. 2 Filed with Secretary by Sen. Suzy Glowiak Hilton |
| 2023-03-10 | Senate | Placed on Calendar Order of 3rd Reading March 21, 2023 |
| 2023-03-10 | Senate | Second Reading |
| 2023-03-09 | Senate | Placed on Calendar Order of 2nd Reading March 10, 2023 |
| 2023-03-09 | Senate | Do Pass as Amended Licensed Activities; 009-000-000 |
| 2023-03-08 | Senate | Senate Committee Amendment No. 1 Adopted; Licensed Activities |
| 2023-03-07 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Licensed Activities |
| 2023-03-06 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2023-03-06 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Suzy Glowiak Hilton |
| 2023-02-21 | Senate | Assigned to Licensed Activities |
| 2023-02-09 | Senate | Referred to Assignments |
| 2023-02-09 | Senate | First Reading |
| 2023-02-09 | Senate | Filed with Secretary by Sen. Suzy Glowiak Hilton |
