Illinois General Assembly - Bill Status for HB5773
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 Bill Status of HB5773  97th General Assembly


Short Description:  ACCOUNTING ACT-SUNSET EXT

House Sponsors
Rep. Robert Rita

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
5 ILCS 80/4.24
5 ILCS 80/4.33 new
225 ILCS 450/0.03from Ch. 111, par. 5500.03
225 ILCS 450/0.04 new
225 ILCS 450/2from Ch. 111, par. 5502
225 ILCS 450/2.05
225 ILCS 450/2.1from Ch. 111, par. 5503
225 ILCS 450/4from Ch. 111, par. 5505
225 ILCS 450/5from Ch. 111, par. 5506
225 ILCS 450/5.2
225 ILCS 450/8.05 new
225 ILCS 450/9.02
225 ILCS 450/9.2from Ch. 111, par. 5510.2
225 ILCS 450/9.3
225 ILCS 450/13from Ch. 111, par. 5514
225 ILCS 450/14from Ch. 111, par. 5515
225 ILCS 450/14.1
225 ILCS 450/14.2
225 ILCS 450/14.3
225 ILCS 450/16from Ch. 111, par. 5517
225 ILCS 450/17.1from Ch. 111, par. 5518.1
225 ILCS 450/17.2from Ch. 111, par. 5518.2
225 ILCS 450/19from Ch. 111, par. 5520
225 ILCS 450/20.01from Ch. 111, par. 5521.01
225 ILCS 450/20.1from Ch. 111, par. 5522
225 ILCS 450/20.2from Ch. 111, par. 5523
225 ILCS 450/20.4from Ch. 111, par. 5525
225 ILCS 450/20.5from Ch. 111, par. 5526
225 ILCS 450/20.6from Ch. 111, par. 5526.6
225 ILCS 450/21from Ch. 111, par. 5527
225 ILCS 450/28from Ch. 111, par. 5534
225 ILCS 450/30from Ch. 111, par. 5535
225 ILCS 450/30.5
225 ILCS 450/30.6
225 ILCS 450/7 rep.
225 ILCS 450/8 rep.
225 ILCS 450/9 rep.
225 ILCS 450/9.01 rep.


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/16/2012HouseFiled with the Clerk by Rep. Robert Rita
  2/16/2012HouseFirst Reading
  2/16/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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