Public Act 098-1040
 
HB4381 EnrolledLRB098 17158 ZMM 52245 b


  
    AN ACT concerning regulation.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  


 
 
    Section 5. The Illinois Public Accounting Act is amended  by 
adding Section 30.9 as follows:
 
    (225 ILCS 450/30.9 new)
    Sec. 30.9. Tax return preparation task force. The 
Department shall convene a task force consisting of 8 members, 
one of whom shall be appointed by the Department and be a 
representative of the Department; one of whom shall be 
appointed by the Department and be a representative of a 
statewide association representing CPAs; one of whom shall be 
appointed by the Department and be an enrolled agent or 
representative of the tax return preparation industry; one of 
whom shall be the Director of Revenue or his or her designee; 
one of whom shall be appointed by the Speaker of the House of 
Representatives; one of whom shall be appointed by the 
President of the Senate; one of whom shall be appointed by the 
Minority Leader of the House of Representatives; and one of 
whom shall be appointed by the Minority Leader of the Senate. 
The task force shall prepare a report that does the following: 
determines the appropriate scope of a program for regulating 
commercial tax return preparers; addresses the appropriate 
qualifications, including, but not limited to, minimum 
educational qualifications and continuing educational 
requirements for commercial tax return preparers; and 
considers any other matters the task force determines to be 
necessary or appropriate. The task force shall meet no less 
than 3 times before the end of the year in which this 
amendatory Act of the 98th General Assembly becomes effective. 
The report required under this Section shall be submitted by no 
later than December 1, 2015 to the Secretary of Financial and 
Professional Regulation, the Governor, and the General 
Assembly. Members of the task force shall receive no 
compensation, but shall be reimbursed for expenses necessarily 
incurred in the performance of their duties.
    This Section is repealed July 1, 2016.
  
 

    Section 99. Effective date. This Act takes effect upon 
becoming law.


Effective Date:  8/25/2014