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IL HB3596
Bill
Status
Introduced
2/26/2015
Primary Sponsor
Michelle Mussman
Click for details
AI Summary
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Amends the Public Community College Act (110 ILCS 805/2-12) to modify the Illinois Community College Board's authority over financial accounting standards.
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Prohibits community colleges from using imprest or petty cash accounting methods as part of uniform financial accounting standards and principles.
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Applies to the Community College Board's established accounting and reporting standards that were originally required to be implemented by July 1, 1997.
Legislative Description
COM COL-IMPREST ACCOUNTING
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/27/2015
Committee Referrals
Rules3/27/2015
Higher Education3/10/2015
Rules2/26/2015
Full Bill Text
No bill text available