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<xml>
<title>Illinois General Assembly - Bill Status for HB 2532         </title>
<shortdesc>LONG-TERM ACCOUNTING ACT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael W. Tryon-Ron Sandack-Al Riley-David S. Olsen</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>15 ILCS 405/6.01</reference><aliasreference>from Ch. 15, par. 206.01</aliasreference><reference>25 ILCS 155/4</reference><aliasreference>from Ch. 63, par. 344</aliasreference><SynopsisText>     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. Amends the Commission on Governmental Forecasting and Accountability Act. Provides that the Commission on Governmental Forecasting and Accountability must publish fiscal budget statements. Sets forth the requirements for the fiscal budget statements. Contains other provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael W. Tryon</action>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/24/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Ron Sandack</action>
<statusdate>3/2/2015</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/20/2016</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Al Riley</action>
<statusdate>8/15/2016</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. David S. Olsen</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

