LONG-TERM ACCOUNTING ACT House SponsorsRep. Tom Cross and Dwight Kay 12/3/2014HouseSession Sine Die New Act15 ILCS 405/6.01from Ch. 15, par. 206.0115 ILCS 405/19.7 new15 ILCS 405/30 new25 ILCS 155/4from Ch. 63, par. 344 Creates the Long-Term Accounting Act. Provides that the purpose of the Act is to improve transparency and accountability during the State budget process. Contains provisions concerning the passage of appropriation bills and the electronic publication of appropriation bills. Amends the State Comptroller Act. Requires that the Comptroller publish a comprehensive annual financial report. Amends the Commission on Government Forecasting and Accountability Act. Provides that the Commission on Government Forecasting and Accountability must publish fiscal budget statements. Sets forth the requirements for the fiscal budget statements. Contains other provisions. Effective immediately. 2/14/2014HouseFiled with the Clerk by Rep. Tom Cross 2/14/2014HouseFirst Reading 2/14/2014HouseReferred to Rules Committee 3/18/2014HouseAdded Co-Sponsor Rep. Dwight Kay 12/3/2014HouseSession Sine Die