Illinois General Assembly - Bill Status for HB2352

Synopsis As Introduced
Amends the Governmental Account Audit Act. Provides that any governmental unit receiving revenue of less than $1,500,000 (rather than $850,000) for any fiscal year shall, in lieu of causing an annual audit of the accounts of the unit to be made, either (i) cause an audit of the accounts of the unit to be made once every 4 years and file with the Comptroller an annual financial report containing information required by the Comptroller or (ii) file with the Comptroller an annual financial report containing information required by the Comptroller, a copy of which has been provided to each member of that governmental unit's board of elected officials, presented either in person or by a live phone or web connection during a public meeting, and approved by a 3/5 majority vote. Makes conforming changes. Effective immediately.

Actions

Date	Chamber	Action
1/30/2025	House	Filed with the Clerk by Rep. Natalie A. Manley
2/4/2025	House	First Reading
2/4/2025	House	Referred to Rules Committee
2/25/2025	House	Assigned to Executive Committee
3/12/2025	House	Do Pass / Short Debate Executive Committee; 012-000-000
3/12/2025	House	Placed on Calendar 2nd Reading - Short Debate
3/13/2025	House	Added Co-Sponsor Rep. Matt Hanson

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