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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill PUBLIC ACCTNG-PEER REVIEW Amends the Illinois Public Accounting Act. Defines "peer review program" as a review of compliance with professional standards of practice (now, generally accepted accounting principles and auditing standards and other generally accepted technical standards). Provides a definition of "Peer Review Administrator". Requires firms and sole practitioners providing accounting services under the Act to complete a peer review as a condition of renewing a license unless an exemption applies. Allows the Department of Financial and Professional Regulation to adopt rules. Provides penalties for failure to comply with remedial actions determined appropriate by the Peer Review Administrator. Requires the firm or sole practitioner to pay for the costs of the peer review. Provides that the peer review proceedings, records, reports, and other documents are privileged and provides exceptions to the privilege. Provides for the peer review year of combined or divided firms or sole practitioners. Makes other changes. Effective immediately. us/states/il Illinois General Assembly 94th HB 4726 Illinois HB 4726 (94th)
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3 42 2 2006-01-12 2006-05-19 openstates ocd-bill/06475b8e-558c-48b5-94c2-9f4ac9d2384f http://ilga.gov/legislation/BillStatus.asp?DocNum=4726&GAID=8&DocTypeID=HB&LegId=23152&SessionID=50&GA=94 cb7d66039fd56ec0fd64b325b5b6bffe75ceaf611aa3e326a6752cb565e82c70 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois HB 4726 (94th) — PUBLIC ACCTNG-PEER REVIEW

Amends the Illinois Public Accounting Act. Defines "peer review program" as a review of compliance with professional standards of practice (now, generally accepted accounting principles and auditing standards and other generally accepted technical standards). Provides a definition of "Peer Review Administrator". Requires firms and sole practitioners providing accounting services under the Act to complete a peer review as a condition of renewing a license unless an exemption applies. Allows the Department of Financial and Professional Regulation to adopt rules. Provides penalties for failure to comply with remedial actions determined appropriate by the Peer Review Administrator. Requires the firm or sole practitioner to pay for the costs of the peer review. Provides that the peer review proceedings, records, reports, and other documents are privileged and provides exceptions to the privilege. Provides for the peer review year of combined or divided firms or sole practitioners. Makes other changes. Effective immediately.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 54–3 (pass) · upper
  • Third Reading — 115–0 (pass) · lower

Sponsors

  • Lovana Jones — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2006-01-12 Filed with the Clerk by Rep. Lovana Jones filing
  • 2006-01-12 First Reading reading-1
  • 2006-01-12 Referred to Rules Committee referral-committee
  • 2006-02-14 Assigned to Consumer Protection Committee referral-committee
  • 2006-02-14 Motion to Suspend Rule 25 - Prevailed
  • 2006-02-15 Added Chief Co-Sponsor Rep. Frank J. Mautino
  • 2006-02-15 Added Chief Co-Sponsor Rep. Gary Hannig
  • 2006-02-15 Added Chief Co-Sponsor Rep. Art Tenhouse
  • 2006-02-16 Do Pass / Short Debate Consumer Protection Committee; 013-000-000 committee-passage
  • 2006-02-16 Placed on Calendar 2nd Reading - Short Debate
  • 2006-02-24 House Floor Amendment No. 1 Filed with Clerk by Rep. Lovana Jones amendment-introduction
  • 2006-02-24 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2006-02-28 House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 committee-passage-favorable
  • 2006-02-28 Second Reading - Short Debate reading-2
  • 2006-02-28 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2006-03-01 Added Co-Sponsor Rep. Constance A. Howard
  • 2006-03-01 Added Co-Sponsor Rep. Annazette Collins
  • 2006-03-01 Added Co-Sponsor Rep. Mary E. Flowers
  • 2006-03-01 House Floor Amendment No. 1 Adopted by Voice Vote amendment-passage
  • 2006-03-01 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2006-03-01 Added Chief Co-Sponsor Rep. Thomas Holbrook
  • 2006-03-02 Third Reading - Short Debate - Passed 115-000-001 reading-3, passage
  • 2006-03-02 Arrive in Senate introduction
  • 2006-03-02 Placed on Calendar Order of First Reading March 7, 2006 reading-1
  • 2006-03-02 Chief Senate Sponsor Sen. Louis S. Viverito
  • 2006-03-02 Added Co-Sponsor Rep. Aaron Schock
  • 2006-03-02 Added Co-Sponsor Rep. David R. Leitch
  • 2006-03-07 Fiscal Note Filed from the Illinois Department of Financial and Professional Regulation.
  • 2006-03-07 First Reading reading-1
  • 2006-03-07 Referred to Rules referral-committee
  • 2006-03-15 Assigned to Licensed Activities referral-committee
  • 2006-03-24 Do Pass Licensed Activities; 005-000-000 committee-passage
  • 2006-03-24 Placed on Calendar Order of 2nd Reading March 27, 2006
  • 2006-03-28 Second Reading reading-2
  • 2006-03-28 Placed on Calendar Order of 3rd Reading March 29, 2006
  • 2006-03-29 Added as Alternate Chief Co-Sponsor Sen. Kwame Raoul
  • 2006-03-29 Third Reading - Passed; 054-003-000 reading-3, passage
  • 2006-03-29 Passed Both Houses
  • 2006-04-27 Sent to the Governor executive-receipt
  • 2006-05-19 Governor Approved executive-signature
  • 2006-05-19 Effective Date May 19, 2006
  • 2006-05-19 Public Act . . . . . . . . . 94-0779 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/06475b8e-558c-48b5-94c2-9f4ac9d2384f. Confidence: reported (aggregated from official Illinois legislature records).

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