Illinois Senate Bill 2434 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on April 12 2016 - 50% progression, died in committee
Action: 2016-04-15 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]

Amends the Illinois Public Accounting Act. Allows a certified public accountant (CPA) firm whose principal place of business is not in this State to have all the privileges of a CPA firm licensed under the Act without the need to obtain a license from the Department of Financial and Professional Regulation or to file notice with the Department if the CPA firm complies with specified substantial equivalency requirements; makes conforming changes. Provides that firms that do not meet the certain requirements but offer or render services in the State must hold a license issued under the Act. Effective immediately.

ACCOUNTANTS-EQUIVALENCY

Sen. Pamela Althoff [R]

Rep. Robert Rita [D]

2016-04-12 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 5 Abs: 0) [PASS]

Date	Chamber	Action
2016-04-15	House	Referred to Rules Committee
2016-04-15	House	First Reading
2016-04-15	House	Chief House Sponsor Rep. Robert Rita
2016-04-12	House	Arrived in House
2016-04-12	Senate	Third Reading - Passed; 053-000-000
2016-03-03	Senate	Placed on Calendar Order of 3rd Reading March 8, 2016
2016-03-03	Senate	Second Reading
2016-03-02	Senate	Placed on Calendar Order of 2nd Reading March 3, 2016
2016-03-02	Senate	Do Pass Licensed Activities and Pensions; 009-000-000
2016-02-17	Senate	Assigned to Licensed Activities and Pensions
2016-02-09	Senate	Referred to Assignments
2016-02-09	Senate	First Reading
2016-02-09	Senate	Filed with Secretary by Sen. Pamela J. Althoff

Chapter	Article	Section	Citation Type	Statute Text
225	450	0.03	Amended Code	Citation Text
225	450	13	Amended Code	Citation Text
225	450	5.2	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2434&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB2434.htm
Text	https://www.ilga.gov/legislation/99/SB/09900SB2434eng.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/99/senate/09900SB2434_04122016_018000T.pdf