98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB4381

 

Introduced , by Rep. Michael J. Zalewski

 

SYNOPSIS AS INTRODUCED:
 
225 ILCS 450/30.9 new

    Amends the Illinois Public Accounting Act. Provides that the Department of Financial and Professional Regulation shall convene a task force in order to prepare a report that determines the appropriate scope of a program for regulating tax return preparers, addresses the appropriate qualifications for tax return preparers, and considers any other matters that the task force determines to be necessary or appropriate. Requires that the report be submitted no later than September 1, 2015 to the Secretary of Financial and Professional Regulation, the Governor, the Speaker of the House of Representatives, and the President of the Senate. Effective immediately.


LRB098 17158 ZMM 52245 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4381LRB098 17158 ZMM 52245 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Public Accounting Act is amended by
5adding Section 30.9 as follows:
 
6    (225 ILCS 450/30.9 new)
7    Sec. 30.9. Tax return preparation task force. The
8Department shall convene a task force consisting of
9representatives from the Department, Board of Examiners, a
10statewide association representing CPAs, and enrolled agents
11and representatives of the tax return preparation industry in
12order to prepare a report that does the following: determines
13the appropriate scope of a program for regulating tax return
14preparers and commercial tax return preparers; addresses the
15appropriate qualifications, including, but not limited to,
16minimum educational qualifications and continuing educational
17requirements for tax return preparers; and considers any other
18matters the task force determines to be necessary or
19appropriate. The report required under this Section shall be
20submitted by no later than September 1, 2015 to the Secretary
21of Financial and Professional Regulation, the Governor, the
22Speaker of the House of Representatives, and the President of
23the Senate.
 

 

 

HB4381- 2 -LRB098 17158 ZMM 52245 b

1    Section 99. Effective date. This Act takes effect upon
2becoming law.