Date	Chamber	Action
8/23/2007	Senate	Public Act . . . . . . . . . 95-0386

Statutes Amended In Order of Appearance

225 ILCS 450/0.01

from Ch. 111, par. 5500.01

Synopsis As Introduced
Amends the Illinois Public Accounting Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1

	Deletes reference to:
	225 ILCS 450/0.01

	Adds reference to:
	225 ILCS 450/1	from Ch. 111, par. 5501

225 ILCS 450/4

from Ch. 111, par. 5505

225 ILCS 450/5.2 new

225 ILCS 450/9

from Ch. 111, par. 5510

225 ILCS 450/9.01

225 ILCS 450/9.02

225 ILCS 450/13

from Ch. 111, par. 5514

225 ILCS 450/14

from Ch. 111, par. 5515

225 ILCS 450/14.3

225 ILCS 450/30.2

from Ch. 111, par. 5535.2

225 ILCS 450/9.1 rep.

Deletes everything after the enacting clause. Amends the Illinois Public Accounting Act. Sets forth a provision concerning substantial equivalency, which affords individuals who meet certain qualifications practice privileges in the State, whether in person or by mail, telephone, or electronic means, without the requirement of licensure or registration under the Act. Removes a provision prohibiting a person from holding himself or herself out as a registered certified public accountant without being registered under the Act and from using or incorporating the title "certified public accountant" without being licensed or registered under the Act. Makes changes to provisions concerning qualifications for licensure and additional requirements for firms. Makes a technical change in a Section concerning contributory fault. Makes other changes. Repeals a Section concerning temporary practice under the Act. Effective January 1, 2008.

Senate Floor Amendment No. 2
In the Section concerning substantial equivalency, provides that practice privileges granted shall be those of a person licensed under the Illinois Public Accounting Act as a licensed certified public accountant (instead of a certified public accountant). Provides that an individual licensee of another state (instead of just an individual) who is exercising the privilege afforded under the Section and the CPA firm that employs such individual, as a condition of the grant of practice privileges, simultaneously consents to certain conditions, including the appointment of the state board that issued the individual's or the CPA firm's license as the agent upon which process may be served in any action or proceeding by the Department of Financial and Professional Regulation against the individual (instead of requiring the issuing state board's consent for the appointment). Provides for the imposition of a civil penalty upon any person who holds himself or herself out to the public as a certified public accountant (instead of a licensed certified public accountant) in this State by using a certain title, abbreviation, or any words or letters that indicate such.

Actions 

Date	Chamber	Action
2/8/2007	Senate	Filed with Secretary by Sen. Deanna Demuzio
2/8/2007	Senate	First Reading
2/8/2007	Senate	Referred to Rules
3/7/2007	Senate	Assigned to Licensed Activities
3/15/2007	Senate	Do Pass Licensed Activities; 006-000-000
3/15/2007	Senate	Placed on Calendar Order of 2nd Reading March 20, 2007
3/22/2007	Senate	Second Reading
3/22/2007	Senate	Placed on Calendar Order of 3rd Reading March 27, 2007
3/23/2007	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Deanna Demuzio
3/23/2007	Senate	Senate Floor Amendment No. 1 Referred to Rules
3/23/2007	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Deanna Demuzio
3/23/2007	Senate	Senate Floor Amendment No. 2 Referred to Rules
3/27/2007	Senate	Senate Floor Amendment No. 1 Rules Refers to Licensed Activities
3/27/2007	Senate	Senate Floor Amendment No. 2 Rules Refers to Licensed Activities
3/28/2007	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Licensed Activities; 006-000-000
3/28/2007	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Licensed Activities; 006-000-000
3/30/2007	Senate	Recalled to Second Reading
3/30/2007	Senate	Senate Floor Amendment No. 1 Adopted; Demuzio
3/30/2007	Senate	Senate Floor Amendment No. 2 Adopted; Demuzio
3/30/2007	Senate	Placed on Calendar Order of 3rd Reading
3/30/2007	Senate	Third Reading - Passed; 055-000-000
4/2/2007	House	Arrived in House
4/2/2007	House	Placed on Calendar Order of First Reading
4/2/2007	House	Chief House Sponsor Rep. Angelo Saviano
4/9/2007	House	First Reading
4/9/2007	House	Referred to Rules Committee
4/30/2007	House	Assigned to Registration and Regulation Committee
5/10/2007	House	Do Pass / Short Debate Registration and Regulation Committee; 021-000-000
5/10/2007	House	Placed on Calendar 2nd Reading - Short Debate
5/24/2007	House	Second Reading - Short Debate
5/24/2007	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/29/2007	House	Third Reading - Short Debate - Passed 116-000-000
5/29/2007	Senate	Passed Both Houses
6/27/2007	Senate	Sent to the Governor
8/23/2007	Senate	Governor Approved
8/23/2007	Senate	Effective Date January 1, 2008
8/23/2007	Senate	Public Act . . . . . . . . . 95-0386

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