IL HB5636 | 2019-2020 | 101st General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the School Code. Relative to the financial audits made annually by the Auditor General of the financial statements of all accounts, funds, and other moneys in the care, custody, or control of a regional superintendent of schools or educational service region, provides that the regional office of education or educational service center may utilize a cash basis, modified cash basis, or generally accepted accounting principles (GAAP) basis of accounting in the preparation of the financial statements. Makes changes to require audit reports to be published on the Auditor General's website and distributed in accordance with the Illinois State Auditing Act. Effective immediately.

Tracking Information

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Title

SCH CD-FIN AUDIT-CASH BASIS

Sponsors


History

DateChamberAction
2020-06-23HouseRule 19(b) / Re-referred to Rules Committee
2020-05-19HouseAdded Co-Sponsor Rep. Lance Yednock
2020-03-12HouseAssigned to Elementary & Secondary Education: Administration, Licensing & Charter School
2020-03-02HouseAdded Chief Co-Sponsor Rep. Norine K. Hammond
2020-02-28HouseAdded Co-Sponsor Rep. Andrew S. Chesney
2020-02-18HouseReferred to Rules Committee
2020-02-18HouseFirst Reading
2020-02-14HouseFiled with the Clerk by Rep. Tony McCombie

Code Citations

ChapterArticleSectionCitation TypeStatute Text
10552-3.17aAmended CodeCitation Text

Illinois State Sources


Bill Comments

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