Senate Sponsors: MADIGAN,R-SULLIVAN. House Sponsors: MAY-TENHOUSE-HANNIG-RUTHERFORD-KENNER Short description: CIV ADMIN-CERTIFIED AUDIT PROG Synopsis of Bill as introduced: Creates the Certified Audit Program Law in the Civil Administrative Code of Illinois. Contains only a short title. Effective immediately. SENATE AMENDMENT NO. 1. Adds reference to: 20 ILCS 2510/2510-5 new 20 ILCS 2510/2510-10 new 20 ILCS 2510/2510-15 new 20 ILCS 2510/2510-20 new 20 ILCS 2510/2510-25 new 20 ILCS 2510/2510-30 new Amends the Certified Audit Program Law in the Civil Administrative Code of Illinois. Authorizes the Department of Revenue to initiate a certified audit program to enhance tax compliance reviews performed by certified public accountants who have completed a Department-approved certification program (qualified practitioners) and to encourage taxpayers to hire qualified practitioners to review and report their tax compliance. Provides that the Department shall compromise penalties and abate interest due on tax liabilities revealed by a certified audit. Provides that the certified audit program is repealed on July 1, 2004. HOUSE AMENDMENT NO. 1. (Tabled May 23, 2001) Deletes reference to: 20 ILCS 2510/2510-5 new 20 ILCS 2510/2510-10 new 20 ILCS 2510/2510-15 new 20 ILCS 2510/2510-20 new 20 ILCS 2510/2510-25 new 20 ILCS 2510/2510-30 new Deletes all substantive provisions from the bill. HOUSE AMENDMENT NO. 2. Adds reference to: 20 ILCS 2510/2510-3 new 20 ILCS 2510/2510-5 new 20 ILCS 2510/2510-10 new 20 ILCS 2510/2510-15 new 20 ILCS 2510/2510-20 new 20 ILCS 2510/2510-25 new 20 ILCS 2510/2510-30 new Adds the Certified Audit Program Law to the Civil Administrative Code of Illinois. Authorizes the Department of Revenue to initiate a certified audit pilot project to enhance tax compliance reviews performed by certified public accountants who have completed a Department-approved certification program (qualified practitioners) and to encourage taxpayers to hire qualified practitioners to review and report their tax compliance. Provides that the Department shall compromise penalties and abate interest due on tax liabilities revealed by a certified audit. Provides that the certified audit pilot project may not extend beyond July 1, 2004. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 92-0456 Last action date: AUG-21-2001 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status