Public Act 098-1040

HB4381 Enrolled LRB098 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This Section is repealed July 1, 2016.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.