Illinois General Assembly

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 Bill Status of HB2726  98th General Assembly


Short Description:  PUBLIC ACCOUNTING-SUNSET

House Sponsors
Rep. Robert Rita - Jim Durkin - Pam Roth and Raymond Poe

Senate Sponsors
(Sen. Iris Y. Martinez - Darin M. LaHood - Michael Connelly - John G. Mulroe and Michael Noland)

Last Action
DateChamber Action
  8/9/2013HousePublic Act . . . . . . . . . 98-0254

Statutes Amended In Order of Appearance
5 ILCS 80/4.24
5 ILCS 80/4.34 new
225 ILCS 450/0.02from Ch. 111, par. 5500.02
225 ILCS 450/0.03from Ch. 111, par. 5500.03
225 ILCS 450/1from Ch. 111, par. 5501
225 ILCS 450/2from Ch. 111, par. 5502
225 ILCS 450/2.05
225 ILCS 450/2.1from Ch. 111, par. 5503
225 ILCS 450/4from Ch. 111, par. 5505
225 ILCS 450/5.2
225 ILCS 450/7from Ch. 111, par. 5508
225 ILCS 450/8from Ch. 111, par. 5509
225 ILCS 450/8.05 new
225 ILCS 450/9from Ch. 111, par. 5510
225 ILCS 450/9.2from Ch. 111, par. 5510.2
225 ILCS 450/9.3
225 ILCS 450/13from Ch. 111, par. 5514
225 ILCS 450/14from Ch. 111, par. 5515
225 ILCS 450/14.1
225 ILCS 450/14.2
225 ILCS 450/14.4 new
225 ILCS 450/16from Ch. 111, par. 5517
225 ILCS 450/17from Ch. 111, par. 5518
225 ILCS 450/17.1from Ch. 111, par. 5518.1
225 ILCS 450/17.2from Ch. 111, par. 5518.2
225 ILCS 450/17.3 new
225 ILCS 450/20.01from Ch. 111, par. 5521.01
225 ILCS 450/20.1from Ch. 111, par. 5522
225 ILCS 450/20.2from Ch. 111, par. 5523
225 ILCS 450/20.3from Ch. 111, par. 5524
225 ILCS 450/20.4from Ch. 111, par. 5525
225 ILCS 450/20.5from Ch. 111, par. 5526
225 ILCS 450/20.6from Ch. 111, par. 5526.6
225 ILCS 450/20.7 new
225 ILCS 450/20.8 new
225 ILCS 450/21from Ch. 111, par. 5527
225 ILCS 450/27from Ch. 111, par. 5533
225 ILCS 450/28from Ch. 111, par. 5534
225 ILCS 450/30from Ch. 111, par. 5535
225 ILCS 450/30.1from Ch. 111, par. 5535.1
225 ILCS 450/30.2from Ch. 111, par. 5535.2
225 ILCS 450/30.3
225 ILCS 450/30.4
225 ILCS 450/30.5
225 ILCS 450/30.6
225 ILCS 450/30.8 new
225 ILCS 450/31from Ch. 111, par. 5536
225 ILCS 450/32from Ch. 111, par. 5537
225 ILCS 450/5 rep.
225 ILCS 450/9.01 rep.
225 ILCS 450/9.02 rep.
225 ILCS 450/14.3 rep.
225 ILCS 450/19 rep.


Synopsis As Introduced
Amends the Illinois Public Accounting Act. Makes changes in provisions concerning definitions, the Board of Examiners, the Public Accountant Registration Committee, the Administrative Procedure Act, licensure, practice, unlicensed practice, accountancy activities, powers and duties of the Department of Financial and Professional Regulation, sharing of information, exemption from the Act, application for licensure, qualifications, foreign accountants, expiration and renewal of licenses, fees, inactive status, discipline, investigations, hearings, summary suspension, administrative review, criminal penalties, injunctions, contributory fault, prohibited practice, home rule, and the Registered Certified Public Accountants' Administration and Disciplinary Fund. Changes references throughout the Act from "certified public accountant" to "CPA". Changes references throughout the Act from "Director" to "Secretary". Creates new provisions concerning accountancy activities, qualifications for licensure as a CPA firm, restoration of license from discipline, findings, and recommendations, summary suspension, and confidentiality. Amends the Regulatory Sunset Act. Extends the repeal of the Illinois Public Accounting Act from January 1, 2014 to January 1, 2024. Effective immediately.

House Floor Amendment No. 1
Makes changes to cross-references. Makes changes to a provision concerning licenses with inactive status. Removes the Committee's requirement to review reports within 60 days. Makes other changes.

Actions 
DateChamber Action
  2/21/2013HouseFiled with the Clerk by Rep. Robert Rita
  2/21/2013HouseFirst Reading
  2/21/2013HouseReferred to Rules Committee
  3/4/2013HouseAssigned to Business & Occupational Licenses Committee
  3/14/2013HouseTo Business Licenses Subcommittee
  3/15/2013HouseAdded Co-Sponsor Rep. Raymond Poe
  3/20/2013HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 011-000-000
  3/21/2013HousePlaced on Calendar 2nd Reading - Short Debate
  3/21/2013HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Robert Rita
  3/21/2013HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  3/28/2013HouseHouse Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
  4/9/2013HouseHouse Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000
  4/11/2013HouseSecond Reading - Short Debate
  4/11/2013HouseHouse Floor Amendment No. 1 Adopted
  4/11/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/11/2013HouseAdded Chief Co-Sponsor Rep. Jim Durkin
  4/11/2013HouseChief Co-Sponsor Changed to Rep. Jim Durkin
  4/11/2013HouseAdded Chief Co-Sponsor Rep. Pam Roth
  4/12/2013HouseThird Reading - Short Debate - Passed 104-000-001
  4/12/2013SenateArrive in Senate
  4/12/2013SenatePlaced on Calendar Order of First Reading April 16, 2013
  4/12/2013SenateChief Senate Sponsor Sen. Iris Y. Martinez
  4/16/2013SenateFirst Reading
  4/16/2013SenateReferred to Assignments
  4/16/2013SenateAdded as Alternate Chief Co-Sponsor Sen. Darin M. LaHood
  4/23/2013SenateAssigned to Licensed Activities and Pensions
  4/24/2013SenateAdded as Alternate Chief Co-Sponsor Sen. Michael Connelly
  5/1/2013SenateDo Pass Licensed Activities and Pensions; 009-000-000
  5/1/2013SenatePlaced on Calendar Order of 2nd Reading May 2, 2013
  5/7/2013SenateSecond Reading
  5/7/2013SenatePlaced on Calendar Order of 3rd Reading May 8, 2013
  5/8/2013SenateAdded as Alternate Chief Co-Sponsor Sen. John G. Mulroe
  5/14/2013SenateAdded as Alternate Co-Sponsor Sen. Michael Noland
  5/14/2013SenateThird Reading - Passed; 053-000-000
  5/14/2013HousePassed Both Houses
  6/12/2013HouseSent to the Governor
  8/9/2013HouseGovernor Approved
  8/9/2013HouseEffective Date August 9, 2013
  8/9/2013HousePublic Act . . . . . . . . . 98-0254

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