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<title>Illinois General Assembly - Bill Status for HB 5011         </title>
<shortdesc>GOV ACCOUNT AUDIT-TOWNSHIPS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Bradley Fritts-Curtis J. Tarver, II-Suzanne M. Ness-Dan Swanson-Dave Severin, Christopher "C.D." Davidsmeyer, Michael J. Coffey, Jr., Tony M. McCombie, Norine K. Hammond, Brandun Schweizer, Martin McLaughlin, Jason Bunting, Dan Caulkins, Dave Vella, Tom Weber, Anthony DeLuca, Lawrence "Larry" Walsh, Jr., Mary Gill, Will Guzzardi, La Shawn K. Ford, Travis Weaver, Randy E. Frese, Charles Meier, Wayne A Rosenthal, Ryan Spain, Joe C. Sosnowski, Jeff Keicher and Robert "Bob" Rita</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. David Koehler, Javier L. Cervantes and Mike Porfirio)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>50 ILCS 310/2</reference><aliasreference>from Ch. 85, par. 702</aliasreference><reference>50 ILCS 310/3</reference><aliasreference>from Ch. 85, par. 703</aliasreference><reference>50 ILCS 310/6</reference><aliasreference>from Ch. 85, par. 706</aliasreference><SynopsisText>     Amends the Governmental Account Audit Act. In provisions requiring an annual audit by a governmental unit to be performed of all the accounts and funds of the governmental unit, provides that township accounts and funds audited under the provisions do not include road district accounts or funds. In provisions relating to the type of audit report a governmental unit must provide based upon whether the unit has revenue of less or more than $850,000, provides that township revenue shall be calculated exclusive of road district funds. Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>50 ILCS 310/1</reference><aliasreference>from Ch. 85, par. 701</aliasreference><reference>60 ILCS 1/80-20</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Governmental Account Audit Act. Modifies the audit procedures for governmental units under the Act for the governmental units fiscal years 2026 and after, including: (1) modifying the definitions of "audit report" and "report"; (2) requiring the governing body of each governmental unit to conduct an audit every 2 years (rather than annually) of the accounts of the unit to be made by an auditor or auditors, and modifying the requirements of the audits; (3) allowing an exception for a governmental unit receiving revenue of less than $1,400,000 for any fiscal year, with the amount to increase or decrease by a percentage equal to the Consumer Price Index-U as reported on January 1 of each year, to provide a 4-year audit report and annual financial report or annual financial report under specified requirements (rather than a governmental unit receiving revenue of less than $850,000 for any fiscal year providing a 4-year audit report and annual financial report or annual financial report under specified requirements); and (4) modifying the requirements for signing, copying, and filing completed reports. Amends the Township Code to make conforming changes. Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<SynopsisText>Modifies the definitions of "audit report" and "report", and adds a definition for "annual financial report". Makes conforming changes.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Bradley Fritts</action>
<statusdate>2/8/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/8/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2024</statusdate><chamber>House</chamber><action>Assigned to Counties &amp; Townships Committee</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Counties &amp; Townships Committee;  007-000-000</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Bradley Fritts</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>4/15/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Rules Refers to Counties &amp; Townships Committee</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Counties &amp; Townships Committee;  008-000-000</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Curtis J. Tarver, II</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Suzanne M. Ness</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Christopher "C.D." Davidsmeyer</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Coffey, Jr.</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tony M. McCombie</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Norine K. Hammond</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brandun Schweizer</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Martin McLaughlin</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jason Bunting</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dan Caulkins</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dave Vella</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tom Weber</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Anthony DeLuca</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mary Gill</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dan Swanson</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dave Severin</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Travis Weaver</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Randy E. Frese</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Charles Meier</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Wayne A Rosenthal</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ryan Spain</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joe C. Sosnowski</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jeff Keicher</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Bradley Fritts</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Rules Refers to Counties &amp; Townships Committee</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Counties &amp; Townships Committee;  009-000-000</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert "Bob" Rita</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 108-000-000</action>
<statusdate>4/19/2024</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/19/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/19/2024</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. David Koehler</action>
<statusdate>4/19/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/19/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>5/2/2024</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Javier L. Cervantes</action>
<statusdate>5/3/2024</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Mike Porfirio</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

