FINANCIAL REPORT STANDARDS BD
Summary
Creates the External Auditing and Standards Board Act. Provides that the Board shall consist of 8 members, and sets forth the membership of the Board. Provides that the Board shall assist the Legislative Audit Commission, the Office of the Auditor General, and the Governor in improving the timeliness, transparency, and process of financial reporting by State agencies. Provides that the Board has certain powers, including the power to suspend or dismiss an internal auditor of any State agency who is deemed unqualified by the Board based on current best practices and qualifications. Requires the Board to develop a certification program for all internal and external auditors. Requires the Board to submit certain reports to the Governor, the General Assembly, and the State agency.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2012
Committee Review
May 2012
Senate Passage
May 2012
House Passage
May 2012
Signed into Law
Aug 2012
Introduced Mar 29, 2012
Signed Aug 23, 2012
Floor votes · Senate May 31, 2012 · House May 30, 2012
How they voted
55–0
Passed
Total votes 55
May 31, 2012
D
Democratic32
100% Yea
R
Republican23
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
63
Key actions
13
Committee
19
Amendments
14
Aug 23, 2012
Signed into law
Governor Approved
upper
May 31, 2012
Upper · Passed
Passed Both Houses
upper
May 31, 2012
Introduced
House Floor Amendment No. 3 Senate Concurs 059-000-000
upper
May 31, 2012
Upper · Passed
House Committee Amendment No. 2 Senate Concurs 059-000-000
upper
May 30, 2012
Introduced
House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Executive; 015-000-000
upper
May 30, 2012
Upper · Passed
House Committee Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 015-000-000
upper
May 30, 2012
Committee
House Floor Amendment No. 3 Motion to Concur Assignments Referred to Executive
upper
May 30, 2012
Committee
House Committee Amendment No. 2 Motion to Concur Assignments Referred to Executive
upper
May 30, 2012
Committee
House Floor Amendment No. 3 Motion to Concur Referred to Assignments
upper
May 30, 2012
Committee
House Committee Amendment No. 2 Motion to Concur Referred to Assignments
upper
May 30, 2012
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 2, 3 - May 31, 2012
upper
May 30, 2012
Introduced
Secretary's Desk - Concurrence House Amendment(s) 2, 3
upper
May 30, 2012
House · Passed
House Vote: pass (105-0-2)
house
May 28, 2012
Lower · Passed
House Floor Amendment No. 3 Adopted by Voice Vote
lower
May 25, 2012
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000
lower
May 24, 2012
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
May 24, 2012
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Michael J. Madigan
lower
May 17, 2012
Amended
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
lower
May 16, 2012
Lower · Passed
Do Pass as Amended / Short Debate Executive Committee; 011-000-000
lower
May 16, 2012
Lower · Passed
House Committee Amendment No. 2 Adopted in Executive Committee; by Voice Vote
lower
May 14, 2012
Lower · Passed
House Committee Amendment No. 2 Rules Refers to Executive Committee
lower
May 11, 2012
Committee
House Committee Amendment No. 2 Referred to Rules Committee
lower
May 11, 2012
Introduced
House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan
lower
May 4, 2012
Lower · Passed
Committee Deadline Extended-Rule 9(b) May 18, 2012
lower
Apr 17, 2012
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Apr 17, 2012
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan
lower
Apr 16, 2012
Committee
Assigned to Executive Committee
lower
Mar 29, 2012
Committee
Referred to Rules Committee
lower
Mar 29, 2012
Introduced
Arrived in House
lower
Mar 27, 2012
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Holmes
upper
Mar 27, 2012
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt State Government and Veterans Affairs; 007-000-000
upper
Mar 26, 2012
Introduced
Senate Floor Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
upper
Mar 26, 2012
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Mar 26, 2012
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Linda Holmes
upper
Mar 8, 2012
Upper · Passed
Do Pass State Government and Veterans Affairs; 007-000-000
upper
Feb 24, 2012
Committee
Assigned to State Government and Veterans Affairs
upper
Feb 10, 2012
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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