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IL SB4037
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Terri Bryant
Click for details
AI Summary
- Amends the Township Code for townships receiving less than $850,000 in annual revenue (excluding road funds)
- Allows township boards to use either a certified public accountant audit or a financial statement review, rather than requiring only a CPA audit
- Audits or reviews must be completed within 6 months after the end of each township supervisor's term of office
- Audits or reviews are also required within 6 months when a vacancy occurs in the township supervisor position
- Reports must be filed with both the township clerk and county clerk for public inspection
Legislative Description
TWP CD-AUDIT
Last Action
Referred to Assignments
2/6/2026
Committee Referrals
Assignments2/6/2026
Full Bill Text
No bill text available