IL HB5011 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 19-12)
Status: Engrossed on April 18 2024 - 50% progression
Action: 2024-05-03 - Added as Alternate Co-Sponsor Sen. Mike Porfirio
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Governmental Account Audit Act. Modifies the audit procedures for governmental units under the Act for the governmental units fiscal years 2026 and after, including: (1) modifying the definitions of "audit report" and "report"; (2) requiring the governing body of each governmental unit to conduct an audit every 2 years (rather than annually) of the accounts of the unit to be made by an auditor or auditors, and modifying the requirements of the audits; (3) allowing an exception for a governmental unit receiving revenue of less than $1,400,000 for any fiscal year, with the amount to increase or decrease by a percentage equal to the Consumer Price Index-U as reported on January 1 of each year, to provide a 4-year audit report and annual financial report or annual financial report under specified requirements (rather than a governmental unit receiving revenue of less than $850,000 for any fiscal year providing a 4-year audit report and annual financial report or annual financial report under specified requirements); and (4) modifying the requirements for signing, copying, and filing completed reports. Amends the Township Code to make conforming changes. Effective immediately.

Tracking Information

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Title

GOV ACCOUNT AUDIT-TOWNSHIPS

Sponsors


Roll Calls

2024-04-18 - House - Third Reading in House (Y: 108 N: 0 NV: 1 Abs: 2) [PASS]

History

DateChamberAction
2024-05-03SenateAdded as Alternate Co-Sponsor Sen. Mike Porfirio
2024-05-02SenateAdded as Alternate Co-Sponsor Sen. Javier L. Cervantes
2024-04-19SenateReferred to Assignments
2024-04-19SenateFirst Reading
2024-04-19SenateChief Senate Sponsor Sen. David Koehler
2024-04-19SenatePlaced on Calendar Order of First Reading
2024-04-19SenateArrive in Senate
2024-04-18HouseThird Reading - Short Debate - Passed 108-000-000
2024-04-18HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-04-18HouseHouse Floor Amendment No. 2 Adopted
2024-04-18HouseHouse Floor Amendment No. 1 Adopted
2024-04-18HouseAdded Co-Sponsor Rep. Robert "Bob" Rita
2024-04-18HouseHouse Floor Amendment No. 2 Recommends Be Adopted Counties & Townships Committee; 009-000-000
2024-04-17HouseHeld on Calendar Order of Second Reading - Short Debate
2024-04-17HouseSecond Reading - Short Debate
2024-04-17HouseHouse Floor Amendment No. 2 Rules Refers to Counties & Townships Committee
2024-04-16HouseHouse Floor Amendment No. 2 Referred to Rules Committee
2024-04-16HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Bradley Fritts
2024-04-16HouseAdded Co-Sponsor Rep. Jeff Keicher
2024-04-16HouseAdded Co-Sponsor Rep. Joe C. Sosnowski
2024-04-16HouseAdded Co-Sponsor Rep. Ryan Spain
2024-04-16HouseAdded Co-Sponsor Rep. Wayne A Rosenthal
2024-04-16HouseAdded Co-Sponsor Rep. Charles Meier
2024-04-16HouseAdded Co-Sponsor Rep. Randy E. Frese
2024-04-16HouseAdded Co-Sponsor Rep. Travis Weaver
2024-04-16HouseAdded Chief Co-Sponsor Rep. Dave Severin
2024-04-16HouseAdded Chief Co-Sponsor Rep. Dan Swanson
2024-04-16HouseAdded Co-Sponsor Rep. La Shawn K. Ford
2024-04-16HouseAdded Co-Sponsor Rep. Will Guzzardi
2024-04-16HouseAdded Co-Sponsor Rep. Mary Gill
2024-04-16HouseAdded Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.
2024-04-16HouseAdded Co-Sponsor Rep. Anthony DeLuca
2024-04-16HouseAdded Co-Sponsor Rep. Tom Weber
2024-04-16HouseAdded Co-Sponsor Rep. Dave Vella
2024-04-16HouseAdded Co-Sponsor Rep. Dan Caulkins
2024-04-16HouseAdded Co-Sponsor Rep. Jason Bunting
2024-04-16HouseAdded Co-Sponsor Rep. Martin McLaughlin
2024-04-16HouseAdded Co-Sponsor Rep. Brandun Schweizer
2024-04-16HouseAdded Co-Sponsor Rep. Norine K. Hammond
2024-04-16HouseAdded Co-Sponsor Rep. Tony M. McCombie
2024-04-16HouseAdded Co-Sponsor Rep. Michael J. Coffey, Jr.
2024-04-16HouseAdded Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
2024-04-16HouseAdded Chief Co-Sponsor Rep. Suzanne M. Ness
2024-04-16HouseAdded Chief Co-Sponsor Rep. Curtis J. Tarver, II
2024-04-16HouseHouse Floor Amendment No. 1 Recommends Be Adopted Counties & Townships Committee; 008-000-000
2024-04-15HouseHouse Floor Amendment No. 1 Rules Refers to Counties & Townships Committee
2024-04-11HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2024-04-11HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Bradley Fritts
2024-04-04HousePlaced on Calendar 2nd Reading - Short Debate
2024-04-04HouseDo Pass / Short Debate Counties & Townships Committee; 007-000-000
2024-02-28HouseAssigned to Counties & Townships Committee
2024-02-08HouseReferred to Rules Committee
2024-02-08HouseFirst Reading
2024-02-07HouseFiled with the Clerk by Rep. Bradley Fritts

Code Citations

ChapterArticleSectionCitation TypeStatute Text
503102Amended CodeCitation Text
503103Amended CodeCitation Text
503106Amended CodeCitation Text

Illinois State Sources


Bill Comments

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