Bill Status of SB 1404   99th General Assembly


Short Description:  FINANCIAL REPORTING STDS-AUDIT

Senate Sponsors
Sen. Linda Holmes-Daniel Biss and Gary Forby

House Sponsors
(Rep. Robert W. Pritchard)


Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 30/20

Synopsis As Introduced
Amends the Financial Reporting Standards Board Act. Provides that if a State agency does not have an Internal Auditor, it must either use an Internal Auditor from another State Agency or contract with an independent Certified Internal Auditor or an independent registered or licensed Certified Public Accountant to perform the audit. Provides that all internal audit report materials shall be considered exempt from disclosure under the Freedom of Information Act. Provides that the Financial Reporting Standards Board shall not disclose any confidential information in its reports to the Comptroller and the Governor. Effective immediately.

Actions 
DateChamber Action
  2/20/2015SenateFiled with Secretary by Sen. Linda Holmes
  2/20/2015SenateFirst Reading
  2/20/2015SenateReferred to Assignments
  3/2/2015SenateAdded as Chief Co-Sponsor Sen. Daniel Biss
  3/3/2015SenateAssigned to State Government and Veterans Affairs
  3/12/2015SenatePostponed - State Government and Veterans Affairs
  3/18/2015SenateAdded as Co-Sponsor Sen. Gary Forby
  3/26/2015SenateDo Pass State Government and Veterans Affairs; 007-000-000
  3/26/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015
  4/16/2015SenateSecond Reading
  4/16/2015SenatePlaced on Calendar Order of 3rd Reading April 21, 2015
  4/21/2015SenateThird Reading - Passed; 055-000-000
  4/21/2015HouseArrived in House
  4/21/2015HouseChief House Sponsor Rep. Robert W. Pritchard
  4/21/2015HouseFirst Reading
  4/21/2015HouseReferred to Rules Committee
  1/10/2017SenateSession Sine Die

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