Illinois General Assembly - Bill Status for HB2459
Illinois General Assembly
  Home     Legislation & Laws     Senate     House     My Legislation     Site Map    

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips
Search By Keyword

 Bill Status of HB2459  104th General Assembly

Short Description:  PUBLIC ACCOUNTING LICENSURE

House Sponsors
Rep. Natalie A. Manley - Amy Elik - Jaime M. Andrade, Jr. - Anthony DeLuca, Michael J. Coffey, Jr., Jawaharial Williams, Steven Reick, Regan Deering, Dagmara Avelar, Joyce Mason and Hoan Huynh

Senate Sponsors
(Sen. Suzy Glowiak Hilton and Chris Balkema)

Last Action
DateChamber Action
  5/7/2025SenatePlaced on Calendar Order of 3rd Reading May 8, 2025

Statutes Amended In Order of Appearance
225 ILCS 450/0.03from Ch. 111, par. 5500.03
225 ILCS 450/3from Ch. 111, par. 5504
225 ILCS 450/5.2
225 ILCS 450/8from Ch. 111, par. 5509
225 ILCS 450/14from Ch. 111, par. 5515
225 ILCS 450/14.2
225 ILCS 450/28from Ch. 111, par. 5534


Synopsis As Introduced
Amends the Illinois Public Accounting Act. Changes the definition of "CPA firm" to remove a reference to limited liability companies and to include professional limited liability companies. Changes references from "substantial equivalency" to "enhanced mobility". Changes provisions regarding substantial equivalency for an individual whose principal place of business is not in the State but who has a valid CPA license issued by another state to require that the licensure requirements of the issuing state must be equivalent to the criteria in the Act or, if the licensure requirements of the issuing state are not equivalent, to require that the individual must petition the Public Accountant Registration and Licensure Committee for, and obtain from the Public Accountant Registration and Licensure Committee, an equivalency determination (instead of requiring a verification of the criteria by the National Qualification Appraisal Service of the National Association of State Boards of Accountancy). Provides that, on and after January 1, 2027, the Department may license as licensed CPAs, individuals who have received a bachelor's degree in accounting from an accredited college or university and an exam certificate or certification from the Board and have had at least 2 years of experience as defined by Department of Financial and Professional Regulation rule. Provides that, on and after January 1, 2027, the Department may license as licensed CPAs individuals who have received a master's degree, a bachelor's degree with 30 hours of accounting from an accredited college or university and an exam certificate or certification from the Board, and at least one year of experience as defined by Department rule. Changes the organization that the Department may rely on for enhanced mobility determinations from the National Qualification Appraisal Service of the National Association of State Board of Accountancy to the Public Accountant Registration and Licensure Committee. Makes conforming and other changes.

Actions 
DateChamber Action
  2/3/2025HouseFiled with the Clerk by Rep. Natalie A. Manley
  2/4/2025HouseAdded Chief Co-Sponsor Rep. Amy Elik
  2/4/2025HouseFirst Reading
  2/4/2025HouseReferred to Rules Committee
  3/4/2025HouseAssigned to Financial Institutions and Licensing Committee
  3/6/2025HouseAdded Co-Sponsor Rep. Michael J. Coffey, Jr.
  3/11/2025HouseDo Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
  3/12/2025HouseAdded Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
  3/12/2025HouseAdded Co-Sponsor Rep. Jawaharial Williams
  3/12/2025HouseAdded Co-Sponsor Rep. Steven Reick
  3/12/2025HousePlaced on Calendar 2nd Reading - Short Debate
  3/19/2025HouseSecond Reading - Short Debate
  3/19/2025HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/19/2025HouseAdded Co-Sponsor Rep. Regan Deering
  4/8/2025HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
  4/8/2025HouseThird Reading - Short Debate - Passed 114-000-000
  4/8/2025HouseAdded Co-Sponsor Rep. Dagmara Avelar
  4/8/2025HouseAdded Co-Sponsor Rep. Joyce Mason
  4/8/2025HouseAdded Co-Sponsor Rep. Hoan Huynh
  4/9/2025SenateArrive in Senate
  4/9/2025SenatePlaced on Calendar Order of First Reading
  4/9/2025SenateChief Senate Sponsor Sen. Suzy Glowiak Hilton
  4/9/2025SenateFirst Reading
  4/9/2025SenateReferred to Assignments
  4/23/2025SenateAssigned to Licensed Activities
  5/1/2025SenateDo Pass Licensed Activities; 007-000-000
  5/1/2025SenatePlaced on Calendar Order of 2nd Reading May 6, 2025
  5/7/2025SenateSecond Reading
  5/7/2025SenatePlaced on Calendar Order of 3rd Reading May 8, 2025
  5/15/2025SenateAdded as Alternate Co-Sponsor Sen. Chris Balkema

Back To Top

Home | Legislation & Laws | House | Senate | My Legislation | Disclaimers | Email

  Legislative Information System logo This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
Contact ILGA Webmaster