Date	Chamber	Action
7/16/2014	House	Public Act . . . . . . . . . 98-0730

Statutes Amended In Order of Appearance

225 ILCS 450/8.05

225 ILCS 450/14.2

225 ILCS 450/14.4

225 ILCS 450/16

from Ch. 111, par. 5517

225 ILCS 450/17.1

from Ch. 111, par. 5518.1

Synopsis As Introduced
Amends the Illinois Public Accounting Act. Provides that any individual who is the holder of a current and valid license as a certified public accountant of any state who has properly applied to the Department of Financial and Professional Regulation for licensure by endorsement may perform accountancy activities until the expiration of 6 months after the filing of the application or until the denial of the application by the Department, whichever occurs earlier. Provides that any licensed CPA who is a sole practitioner and who has permitted his or her license to expire or become inactive is required to complete the peer review process established under the Act in order to have his or her license restored by the Department. Further provides that any firm that has permitted its license to expire may have its license restored by making application to the Department, filing proof acceptable to the Department of its fitness for licensure, paying the required restoration fee, and completing the peer review process.

House Committee Amendment No. 1
Provides that any individual who is the holder of a current, valid, and not previously disciplined license (rather than a current and valid license) as a certified public accountant of any state who has applied in writing to the Department of Financial and Professional Regulation for a CPA license may perform accountancy activities until the earlier of the expiration of 6 months after filing the written application or the denial of the application by the Department. Further provides that any such individual performing accountancy activities shall be subject to discipline in the same manner as an individual licensed under the Act.

Actions 

Date	Chamber	Action
2/5/2014	House	Filed with the Clerk by Rep. Robert Rita
2/5/2014	House	First Reading
2/5/2014	House	Referred to Rules Committee
2/7/2014	House	Added Co-Sponsor Rep. Natalie A. Manley
3/3/2014	House	Assigned to Business & Occupational Licenses Committee
3/4/2014	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita
3/4/2014	House	House Committee Amendment No. 1 Referred to Rules Committee
3/13/2014	House	House Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
3/20/2014	House	House Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
3/20/2014	House	Do Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
3/21/2014	House	Placed on Calendar 2nd Reading - Short Debate
3/24/2014	House	Second Reading - Short Debate
3/24/2014	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/2/2014	House	Third Reading - Short Debate - Passed 112-000-000
4/2/2014	House	Added Chief Co-Sponsor Rep. David Harris
4/2/2014	House	Added Chief Co-Sponsor Rep. Patricia R. Bellock
4/2/2014	Senate	Arrive in Senate
4/2/2014	Senate	Placed on Calendar Order of First Reading April 3, 2014
4/4/2014	Senate	Chief Senate Sponsor Sen. John J. Cullerton
4/7/2014	Senate	First Reading
4/7/2014	Senate	Referred to Assignments
4/7/2014	Senate	Alternate Chief Sponsor Changed to Sen. Iris Y. Martinez
4/7/2014	Senate	Added as Alternate Chief Co-Sponsor Sen. John J. Cullerton
4/23/2014	Senate	Assigned to Licensed Activities and Pensions
5/1/2014	Senate	Do Pass Licensed Activities and Pensions; 009-000-000
5/1/2014	Senate	Placed on Calendar Order of 2nd Reading May 6, 2014
5/7/2014	Senate	Second Reading
5/7/2014	Senate	Placed on Calendar Order of 3rd Reading May 8, 2014
5/21/2014	Senate	Third Reading - Passed; 057-001-000
5/21/2014	House	Passed Both Houses
6/19/2014	House	Sent to the Governor
7/16/2014	House	Governor Approved
7/16/2014	House	Effective Date January 1, 2015
7/16/2014	House	Public Act . . . . . . . . . 98-0730

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