Illinois General Assembly - Bill Status for SB2875
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 Bill Status of SB2875  103rd General Assembly

Short Description:  SMALL MUNICIPALITY AUDITS

Senate Sponsors
Sen. Don Harmon and Chapin Rose

Last Action
DateChamber Action
  1/24/2024SenateReferred to Assignments

Statutes Amended In Order of Appearance
65 ILCS 5/8-8-2from Ch. 24, par. 8-8-2
65 ILCS 5/8-8-3from Ch. 24, par. 8-8-3


Synopsis As Introduced
Amends the Audit of Accounts Division 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.

Actions 
DateChamber Action
  1/24/2024SenateFiled with Secretary by Sen. Doris Turner
  1/24/2024SenateFirst Reading
  1/24/2024SenateReferred to Assignments
  2/14/2024SenateAdded as Co-Sponsor Sen. Chapin Rose
  3/12/2024SenateChief Sponsor Changed to Sen. Don Harmon

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