GOVT ACCOUNT AUDIT THRESHOLD House SponsorsRep. Natalie A. Manley and Matt Hanson Executive Committee Hearing Mar 26 2026 4:00PM Capitol Building Room 118 Springfield, IL - House Floor Amendment 1 - House Floor Amendment 2 - House Floor Amendment 3 3/12/2026HousePlaced on Calendar 2nd Reading - Short Debate 50 ILCS 310/1from Ch. 85, par. 70150 ILCS 310/3from Ch. 85, par. 70350 ILCS 310/6from Ch. 85, par. 706 Amends the Governmental Account Audit Act. Provides that any governmental unit receiving revenue of less than $1,500,000 (rather than $850,000) for any fiscal year shall, in lieu of causing an annual audit of the accounts of the unit to be made, either (i) cause an audit of the accounts of the unit to be made once every 4 years and file with the Comptroller an annual financial report containing information required by the Comptroller or (ii) file with the Comptroller an annual financial report containing information required by the Comptroller, a copy of which has been provided to each member of that governmental unit's board of elected officials, presented either in person or by a live phone or web connection during a public meeting, and approved by a 3/5 majority vote. Makes conforming changes. Effective immediately. 1/30/2025HouseFiled with the Clerk by Rep. Natalie A. Manley 2/4/2025HouseFirst Reading 2/4/2025HouseReferred to Rules Committee 2/25/2025HouseAssigned to Executive Committee 3/12/2025HouseDo Pass / Short Debate Executive Committee; 012-000-000 3/12/2025HousePlaced on Calendar 2nd Reading - Short Debate 3/13/2025HouseAdded Co-Sponsor Rep. Matt Hanson 3/18/2025HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Natalie A. Manley 3/18/2025HouseHouse Floor Amendment No. 1 Referred to Rules Committee 3/19/2025HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee 3/26/2025HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 011-000-000 3/26/2025HouseSecond Reading - Short Debate 3/26/2025HouseHeld on Calendar Order of Second Reading - Short Debate 4/7/2025HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Natalie A. Manley 4/7/2025HouseHouse Floor Amendment No. 2 Referred to Rules Committee 4/8/2025HouseHouse Floor Amendment No. 2 Rules Refers to Executive Committee 4/8/2025HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Natalie A. Manley 4/8/2025HouseHouse Floor Amendment No. 3 Referred to Rules Committee 4/9/2025HouseHouse Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 008-004-000 4/11/2025HouseRule 19(a) / Re-referred to Rules Committee 4/11/2025HouseHouse Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee 4/11/2025HouseHouse Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee 3/4/2026HouseApproved for Consideration Rules Committee; 005-000-000 3/4/2026HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee 3/4/2026HouseHouse Floor Amendment No. 2 Rules Refers to Executive Committee 3/4/2026HouseHouse Floor Amendment No. 3 Rules Refers to Executive Committee 3/12/2026HousePlaced on Calendar 2nd Reading - Short Debate