IL HB5773 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Public Accounting Act. Creates provisions that concern accounting activities and applicability of the Act. Makes changes to provisions concerning definitions; the Board of Examiners; the Public Accountant Registration Committee; the Administrative Procedure Act; transitional language; certification of out-of-State accountants; substantial equivalency; unauthorized use of title; violations; civil penalties; powers and duties of the Department; sharing of information; application for licensure; qualifications; foreign accountants; licensure by endorsement; additional requirements for firms; expiration and renewal of licenses; renewal of registration; continuing education; the provision concerning the restoration of registrations and licenses; inactive status; hearings; grounds for discipline; license or registration; subpoenas; depositions; oaths; the provision concerning the preservation a record at a hearing; criminal penalties; the provision concerning injunction proceedings; the improper influence on the conduct of audits; and misleading behavior by licensees. Repeals provisions concerning licensure; practicing as a licensed public accountant or licensed certified public accountant; unlicensed practice; and unlicensed practice; violations; and civil penalties. Amends the Regulatory Sunset Act to extend the repeal of the Illinois Public Account Act from January 1, 2014 to January 1, 2023. Effective July 1, 2012.

Tracking Information

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Title

ACCOUNTING ACT-SUNSET EXT

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2012-02-16HouseReferred to Rules Committee
2012-02-16HouseFirst Reading
2012-02-16HouseFiled with the Clerk by Rep. Robert Rita

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2254500.03Amended CodeCitation Text
2254500.04New CodeSee Bill Text
22545013Amended CodeCitation Text
22545014Amended CodeCitation Text
22545014.1Amended CodeCitation Text
22545014.2Amended CodeCitation Text
22545014.3Amended CodeCitation Text
22545016Amended CodeCitation Text
22545017.1Amended CodeCitation Text
22545017.2Amended CodeCitation Text
22545019Amended CodeCitation Text
2254502Amended CodeCitation Text
2254502.05Amended CodeCitation Text
2254502.1Amended CodeCitation Text
22545020.01Amended CodeCitation Text
22545020.1Amended CodeCitation Text
22545020.2Amended CodeCitation Text
22545020.4Amended CodeCitation Text
22545020.5Amended CodeCitation Text
22545020.6Amended CodeCitation Text
22545021Amended CodeCitation Text
22545028Amended CodeCitation Text
22545030Amended CodeCitation Text
22545030.5Amended CodeCitation Text
22545030.6Amended CodeCitation Text
2254504Amended CodeCitation Text
2254505Amended CodeCitation Text
2254505.2Amended CodeCitation Text
2254507Repealed CodeCitation Text
2254508Repealed CodeCitation Text
2254508.05New CodeSee Bill Text
2254509Repealed CodeCitation Text
2254509.01Repealed CodeCitation Text
2254509.02Amended CodeCitation Text
2254509.2Amended CodeCitation Text
2254509.3Amended CodeCitation Text
5804.24Amended CodeCitation Text
5804.33New CodeSee Bill Text

Illinois State Sources


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