SB 2875 Illinois Senate · 103rd Regular Session

SMALL MUNICIPALITY AUDITS

Summary
Amends the Illinois Municipal Auditing Law of the Illinois Municipal Code. Provides that a municipality with a population of 1,000 or less may file an annual report in lieu of an audit report if an audit report has been conducted and filed with the Comptroller within the 3 preceding fiscal years and the municipality had no material findings that indicate significant errors or risks in the municipality's financial information in its last conducted audit report filed with the Comptroller. Makes conforming changes.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2024 Last action Mar 12, 2024
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 24, 2024
Committee
Referred to Assignments
lower
1 primary · 1 co-sponsor

Sponsors