Synopsis As Introduced Creates the Water Loss Accounting Awareness Act. Provides that, before July 31, 2015, the Illinois Environmental Protection Agency, in consultation with the Department of Natural Resources, the Illinois Commerce Commission, the Illinois State Water Survey of the University of Illinois, and other local and regional water management leaders and interested parties as the Agency deems appropriate, shall submit to the General Assembly and the Governor a report that reviews and evaluates the latest available information on water loss in Illinois including existing data, policies, procedures, and institutional knowledge (including publicly available reports from the federal Environmental Protection Agency, the American Water Works Association, and the State archives). Effective immediately.