HB 3157 Illinois House · 93rd Regular Session

CPA-FRAUD ON AUDITORS

Summary
Amends the Illinois Public Accounting Act. Provides that it shall be unlawful for any officer or director of an insurer of financial statements, or any other person acting under the direction thereof, to take any action to fraudulently influence, coerce, manipulate, or mislead any certified public accountant engaged in the performance of an audit of the financial statements of that issuer for the purpose of rendering the financial statements materially misleading, and to do so is a Class 4 felony. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2003
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2003 Last action Jan 11, 2005
Floor votes

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Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
3
Jan 11, 2005
House · Failed
Session Sine Die
Mar 13, 2003
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 28, 2003
House · Referred to committee
Assigned to Executive Committee
Feb 27, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Gary Hannig
Gary Hannig
DDemocratic
IL
98