Bill Title: Amends the Illinois Municipal Auditing Law of the Illinois Municipal Code. Provides that a municipality with a population of 1,000 or less may file an annual report in lieu of an audit report if an audit report has been conducted and filed with the Comptroller within the 3 preceding fiscal years and the municipality had no material findings that indicate significant errors or risks in the municipality's financial information in its last conducted audit report filed with the Comptroller. Makes conforming changes.

Spectrum: Bipartisan Bill

Status: (Introduced) 2024-03-12 - Chief Sponsor Changed to Sen. Don Harmon [SB2875 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2024-01-24	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB2875

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2875 currently on file.

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