April 30, 2025
The Illinois General Assembly continues the Spring Legislative Session. The House and Senate convene at noon today.
Committee hearings kick off at 8:00 a.m.
RECAP FROM YESTERDAY-The House and Senate returned to Springfield for the first day of the scheduled three days of session. Both chambers had limited floor action with time spent on ministerial business. The afternoon was spent in partisan caucus and afternoon committees. Chicago Mayor Brandon Johnson made a visit to the Capitol to advocate for the city’s “slim” legislative agenda. The mayor met with the governor, the speaker of the house and the president of the Senate. Specifically, the mayor is advocating for HBs 1866 and 3164 that contain language to extend the pending sunset of a phone tax surcharge that funds 911 services. These bills have passed the House and are now in the Senate. The mayor also supports increasing the proration in mandated categoricals which has been proposed by the State Board of Education. Lastly, the mayor supports the governor’s budget proposal to provide additional homes funding.
ORDER OF THE DAY-Both chambers will allocate most of their work today in committee hearings throughout the morning and break for convening of the chamber(s) of the whole and then revert back to committee hearings. ICPAS Watch List-SB 1551 Aging-Financial Exploitation will be heard in House Judiciary-Civil. The legislation extends mandated reporting requirements to broker-dealers or investment advisors of financial exploitation. CPAs are already mandated reporters. ICPAS Supports. SB 246 Non-Profit Investment Pool will be heard in House State Government Administration. This legislation authorizes the state treasurer to establish and administer investment pool defined non-profits. ICPAS Supports. HB 2459 Accounting Licensure will be heard in Senate Licensed Activities Committee. This legislation creates two additional pathways to licensure and enhanced mobility. ICPAS Supports/ICPAS Initiative. Note: ICPAS Government Relations has been working with the Senate staff, and it is most likely that HB 2459 will be placed on an agreed upon bill list meaning there will be no detailed testimony on the bill. If you would like, you can watch the
committee hearing @ 3:00 p.m. online [Room 400].
SUPPLEMENTAL RECORD-
• There are 18 session days remaining in the Spring Legislative Session.
• With spring session, the Capitol Building is typically full of activity with associations and interest groups' lobby days, displays, not to mention school group tours. The people’s house is alive and active aside from the legislative process.
• We have posted our recorded
weekly recap and topliners on the ICPAS Government Relations website.
• ICPAS Government Relations continues to maintain our live legislative tracking reports here:
Marty
MARTY GREEN, ESQ
Senior VP and Legislative Counsel, Government Relations, Illinois CPA Society
524 South Second Street, Suite 504
Springfield, Illinois 62701
Phone: 217.789. 7914| Fax: 217.789.7924
Email:
[email protected] | Web site: www.icpas.org