Bill Status of HB4104  100th General Assembly


Short Description:  MUNI CD-AUDIT REPORT STANDARDS

House Sponsors
Rep. Anthony DeLuca - Keith P. Sommer, Stephanie A. Kifowit and Margo McDermed

Senate Sponsors
(Sen. Kyle McCarter )

Last Action
DateChamber Action
  5/30/2018HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1

Statutes Amended In Order of Appearance
65 ILCS 5/8-8-5from Ch. 24, par. 8-8-5


Synopsis As Introduced
Amends the Illinois Municipal Auditing Law of the Illinois Municipal Code. Provides that audit reports reporting on the financial position and results of financial operations for each fund of the municipality shall be consistent with either the accrual or cash basis of accounting depending upon the system followed by each municipality and shall otherwise be in accordance with generally accepted accounting principles (currently, shall be in accordance with generally accepted accounting principles, insofar as possible).

House Committee Amendment No. 1
Adds reference to:
50 ILCS 310/1from Ch. 85, par. 701
50 ILCS 310/5from Ch. 85, par. 705
55 ILCS 5/6-31002from Ch. 34, par. 6-31002
55 ILCS 5/6-31006from Ch. 34, par. 6-31006
65 ILCS 5/8-8-2from Ch. 24, par. 8-8-2

Replaces everything after the enacting clause. Amends the Counties Code. Provides that for fiscal year 2019 and each fiscal year thereafter, county audit reports shall contain statements that set forth the financial position and the results of financial operations for each fund, account, and office of the county government. Provides that the audit report shall also include the professional opinion of an auditor (rather than an accountant) with respect to the financial status and operations or, if an opinion cannot be expressed, a declaration that the auditor (rather than an accountant) is unable to express an opinion and an explanation of the reasons he or she cannot do so. Provides that each audit report shall include the certification of the auditor (rather than an accountant) making the audit that the audit has been performed in compliance with generally accepted auditing standards. Provides that each audit report filed with the Comptroller shall be accompanied by a copy of each official statement or other offering of materials prepared in connection with the issuance of indebtedness of the county since the filing of the last audit report. Provides that audit reports shall contain financial statements prepared in conformity with generally accepted accounting principles and audited in conformity with generally accepted auditing standards if the last audit report filed preceding fiscal year 2017 expressed an unmodified or modified opinion by the independent auditor that the financial statements were presented in conformity with generally accepted accounting principles. Provides that audit reports containing financial statements prepared in conformity with an other comprehensive basis of accounting may follow specified best practices and guidelines and shall be audited in conformity with generally accepted auditing standards. Provides that if an audit report is submitted containing financial statements prepared in conformity with generally accepted accounting principles, thereafter all future audit reports shall also contain financial statements presented in conformity with generally accepted accounting principles. Makes other changes. Amends the Governmental Account Audit Act and the Illinois Municipal Code making similar changes. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
50 ILCS 310/1from Ch. 85, par. 701
50 ILCS 310/5from Ch. 85, par. 705
55 ILCS 5/6-31002from Ch. 34, par. 6-31002
55 ILCS 5/6-31006from Ch. 34, par. 6-31006
65 ILCS 5/8-8-2from Ch. 24, par. 8-8-2
65 ILCS 8-8-5from Ch. 24, par. 8-8-5
Adds reference to:
60 ILCS 1/60-5

Replaces everything after the enacting clause. Amends the Township Code. In townships in a county with a population under 250,000, provides that if a vacant township supervisor office is filled by appointment, the appointed supervisor shall fulfill the bond requirement for township supervisors. Provides that the appointed supervisor may be a trustee appointed by a majority vote of the trustees and shall have one vote on any matter properly before the board. In townships in a county with a population under 250,000, provides for the appointment of a temporary deputy to perform the ministerial functions of a vacant township or multi-township office, including a vacancy due to the physical incapacity of a township officer until the physically incapacitated township officer submits a written statement that he or she is physically able to perform his or her duties. Provides that the temporary deputy shall not be permitted to vote at a township board meeting unless the appointed deputy is a trustee of the board at the time of the board. Provides that if the appointed deputy is a trustee appointed as a temporary deputy, his or her trustee compensation shall be suspended until he or she concludes his or her appointment as an appointed deputy upon the permanent appointment to fill the vacancy. Exempts the temporary deputy from the requirement to fill a vacant township office with a member of the same political party. Effective immediately.

Actions 
DateChamber Action
  9/28/2017HouseFiled with the Clerk by Rep. Anthony DeLuca
  10/12/2017HouseFirst Reading
  10/12/2017HouseReferred to Rules Committee
  10/24/2017HouseAssigned to Government Transparency Committee
  11/7/2017HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit
  11/7/2017HouseAdded Co-Sponsor Rep. Margo McDermed
  12/15/2017HouseRule 19(b) / Re-referred to Rules Committee
  3/21/2018HouseAssigned to Government Transparency Committee
  4/6/2018HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Anthony DeLuca
  4/6/2018HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  4/9/2018HouseHouse Committee Amendment No. 1 Rules Refers to Government Transparency Committee
  4/9/2018HouseHouse Committee Amendment No. 1 Adopted in Government Transparency Committee; 006-000-000
  4/9/2018HouseDo Pass as Amended / Short Debate Government Transparency Committee; 009-000-000
  4/10/2018HousePlaced on Calendar 2nd Reading - Short Debate
  4/13/2018HouseSecond Reading - Short Debate
  4/13/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/17/2018HouseThird Reading - Short Debate - Passed 111-000-000
  4/17/2018HouseAdded Chief Co-Sponsor Rep. Keith P. Sommer
  4/17/2018SenateArrive in Senate
  4/17/2018SenatePlaced on Calendar Order of First Reading April 18, 2018
  4/18/2018SenateChief Senate Sponsor Sen. Dale A. Righter
  4/18/2018SenateFirst Reading
  4/18/2018SenateReferred to Assignments
  4/25/2018SenateAssigned to Local Government
  5/11/2018SenateRule 2-10 Committee Deadline Established As May 31, 2018
  5/16/2018SenatePostponed - Local Government
  5/24/2018SenateAlternate Chief Sponsor Changed to Sen. Kyle McCarter
  5/24/2018SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Kyle McCarter
  5/24/2018SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/25/2018SenateSenate Committee Amendment No. 1 Assignments Refers to Local Government
  5/28/2018SenateWaive Posting Notice
  5/29/2018SenateRule 2-10 Third Reading Deadline Established As May 31, 2018
  5/29/2018SenateSenate Committee Amendment No. 1 Adopted
  5/29/2018SenateDo Pass as Amended Local Government; 005-000-000
  5/29/2018SenatePlaced on Calendar Order of 2nd Reading
  5/29/2018SenateSecond Reading
  5/29/2018SenatePlaced on Calendar Order of 3rd Reading May 30, 2018
  5/30/2018SenateThird Reading - Passed; 055-000-000
  5/30/2018HouseArrived in House
  5/30/2018HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/31/2018HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Anthony DeLuca
  5/31/2018HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/31/2018HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000