Illinois General Assembly - Full Text of HB5011
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Full Text of HB5011  103rd General Assembly

HB5011ham002 103RD GENERAL ASSEMBLY

Rep. Bradley Fritts

Filed: 4/16/2024

 

 


 

 


 
10300HB5011ham002LRB103 38092 AWJ 72447 a

1
AMENDMENT TO HOUSE BILL 5011

2    AMENDMENT NO. ______. Amend House Bill 5011, AS AMENDED,
3with reference to page and line numbers of House Amendment No.
41, on page 3, immediately below line 2, by inserting the
5following:
 
6    ""Annual financial report" means, for governmental unit
7fiscal years 2026 and after, the statement filed in lieu of an
8audit report containing information required by the
9Comptroller on forms devised by the Comptroller in such manner
10as to not require professional accounting services for its
11preparation."; and
 
12on page 3, line 15, by replacing "unit that" with "unit,
13which"; and
 
14on page 4, by replacing lines 3 through 14 with the following:
 

 

 

10300HB5011ham002- 2 -LRB103 38092 AWJ 72447 a

1    ""Report" includes, for governmental unit fiscal years
2before fiscal year 2026, both audit reports and reports filed
3instead of an audit report by a governmental unit receiving
4revenue of less than $850,000 during any fiscal year to which
5the reports relate."; and
 
6on page 8, lines 18 and 19, before "financial" each time it
7appears, by inserting "annual".