Illinois General Assembly

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

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Illinois Compiled Statutes

 ILCS Listing   Public Acts  Search   Guide   Disclaimer

Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

225 ILCS 450/17.2

    (225 ILCS 450/17.2) (from Ch. 111, par. 5518.2)
    (Section scheduled to be repealed on January 1, 2029)
    Sec. 17.2. Inactive status.
    (a) Any licensed or registered CPA with an active, unencumbered license or registration who notifies the Department in writing on forms prescribed by the Department, may elect to place the license or registration on an inactive status and shall, subject to rules of the Department, be excused from payment of renewal fees and completion of continuing education hours until the Department is notified in writing of the licensee or registrant's desire to resume active status.
    (b) Any licensed CPA requesting restoration from inactive status shall be required to pay the current renewal fee, shall be required to submit proof of the required continuing education, and shall be required to comply with any requirements established by rule.
    (c) Any registered CPA requesting restoration from inactive status shall be required to pay the current renewal fee and shall be required to comply with any requirements established by rule.
    (d) Any licensed CPA or registered CPA whose license is in an inactive status shall not perform accountancy activities outlined in Section 8.05 of this Act.
    (e) Any licensed CPA or registered CPA whose license or registration is in an inactive status shall not in any manner hold oneself out to the public as a CPA, except in accordance with subsection (f) of this Section.
    (f) Any licensed CPA whose license is in inactive status may use the title "CPA (inactive)" if:
        (1) the licensee is not performing accountancy
    
activities outlined in Section 8.05; or
        (2) the licensee is performing governance functions
    
on a non-profit volunteer board using the licensee's accountancy skills and competencies and complies with the following requirements:
            (A) the licensee discloses to the non-profit
        
volunteer board and respective committees that the license is on inactive status; and
            (B) the licensee is not serving as an audit
        
committee financial expert as defined in Section 407 of the federal Sarbanes-Oxley Act of 2002.
(Source: P.A. 103-309, eff. 1-1-24.)