Bill Title: Encourages the adoption and utilization of XBRL by all Illinois municipalities and state agencies in their financial reporting to increase transparency, decrease costs, and more easily permit comparison of financial data. Encourages the Office of the Comptroller and the Department of Innovation and Technology to investigate the feasibility of the development of an official XBRL taxonomy for use by Illinois municipalities and state agencies and to make adoption of XBRL by those entities easier and ensure comparability.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HR0703 Detail]

Text: Latest bill text (Introduced) [HTML]

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