IL HB4707 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Passed on July 16 2014 - 100% progression
Action: 2014-07-16 - Public Act . . . . . . . . . 98-0730
Text: Latest bill text (Chaptered) [HTML]

Summary

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

CPA - LICENSING

Sponsors


Roll Calls

2014-05-21 - Senate - Third Reading in Senate (Y: 57 N: 1 NV: 1 Abs: 0) [PASS]
2014-04-02 - House - Third Reading in House (Y: 112 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2014-07-16HousePublic Act . . . . . . . . . 98-0730
2014-07-16HouseEffective Date January 1, 2015
2014-07-16HouseGovernor Approved
2014-06-19HouseSent to the Governor
2014-05-21HousePassed Both Houses
2014-05-21SenateThird Reading - Passed; 057-001-000
2014-05-07SenatePlaced on Calendar Order of 3rd Reading May 8, 2014
2014-05-07SenateSecond Reading
2014-05-01SenatePlaced on Calendar Order of 2nd Reading May 6, 2014
2014-05-01SenateDo Pass Licensed Activities and Pensions; 009-000-000
2014-04-23SenateAssigned to Licensed Activities and Pensions
2014-04-07SenateAdded as Alternate Chief Co-Sponsor Sen. John J. Cullerton
2014-04-07SenateAlternate Chief Sponsor Changed to Sen. Iris Y. Martinez
2014-04-07SenateReferred to Assignments
2014-04-07SenateFirst Reading
2014-04-04SenateChief Senate Sponsor Sen. John J. Cullerton
2014-04-02SenatePlaced on Calendar Order of First Reading April 3, 2014
2014-04-02SenateArrive in Senate
2014-04-02HouseAdded Chief Co-Sponsor Rep. Patricia R. Bellock
2014-04-02HouseAdded Chief Co-Sponsor Rep. David Harris
2014-04-02HouseThird Reading - Short Debate - Passed 112-000-000
2014-03-24HousePlaced on Calendar Order of 3rd Reading - Short Debate
2014-03-24HouseSecond Reading - Short Debate
2014-03-21HousePlaced on Calendar 2nd Reading - Short Debate
2014-03-20HouseDo Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
2014-03-20HouseHouse Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
2014-03-13HouseHouse Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
2014-03-04HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2014-03-04HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita
2014-03-03HouseAssigned to Business & Occupational Licenses Committee
2014-02-07HouseAdded Co-Sponsor Rep. Natalie A. Manley
2014-02-05HouseReferred to Rules Committee
2014-02-05HouseFirst Reading
2014-02-05HouseFiled with the Clerk by Rep. Robert Rita

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22545014.2Amended CodeCitation Text
22545014.4Amended CodeCitation Text
22545016Amended CodeCitation Text
22545017.1Amended CodeCitation Text
2254508.05Amended CodeCitation Text

Illinois State Sources


Bill Comments

feedback