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The Latest Regulatory & Legislative News for Illinois CPAs
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Capitol Dispatch
 
 
Marty Green's Legislative Update
 
 
AUGUST RECAP: Sweeping Changes to Illinois Law Require Employer Diligence
 
In earlier reports, I highlighted the transformational agenda undertaken by the Illinois General Assembly. Governor J.B. Pritzker and his staff have spent the summer reviewing and acting upon a record number of bills passed during the spring legislative session. State agencies have also spent the summer preparing to execute on an enormity of issues, including gaming expansion, marijuana legalization, sports betting, et al.

The reality of the impact and technical issues associated with implementation have come to the forefront. For the accounting profession, the sweeping changes to Illinois law will require great diligence on your firm's human resource practices and in advising your clients on new employer compliance issues. As outlined below, Illinois has begun to enact employment law changes aimed at strengthening workplace sexual harassment protections, achieving gender pay equality, and providing leave for gender-related violence.

Over 150 bills remain on the governor's desk. In the meantime, Chicago Mayor Lori Lightfoot is scheduled to deliver an update on her plans to close the budget gap. Closing the financial gap could impact accounting and legal professionals in Chicago and potentially statewide. We will continue to keep you updated on legislation of interest.
 
 
General Bills Tax Bills Public Acts GA Updates
 
 
 
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   TOP LEGISLATION     
 
 
 
Governor Signs ICPAS-Sponsored Audit Legislation
SB 1806 makes technical updates to the Local Government Audit Act, County Audit Act, and Municipal Audit Act. Status: Public Act 101-0419.
 
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Workplace Transparency Legislation Creates New Compliance Responsibilities
SB 75 creates the Workplace Transparency Act, prohibiting employers from requiring prospective employees from entering into preemployment agreements to waive disclosure of alleged unlawful employment practices. The legislation also prohibits employers from requiring employees to waive, arbitrate, or diminish future claims related to unlawful employment practices without consideration and an affirmative disclosure of waiver of rights. The Act also extends authorization to discipline professional licensees for illegal activity. Status: Public Act 101-221.
 
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Employers Barred From Requesting Applicant Pay History
HB 834 prohibits employers from screening job applicants based on their wage or salary history, requiring an applicant's prior wages satisfy minimum or maximum criteria, requesting or requiring as a condition of being interviewed or considered for an offer of employment that an applicant disclose prior wages or salary, and seeking the salary, including benefits or other compensation, of a job applicant from any current or former employer with some exception. The law also provides civil remedies for damages of violations up to $10,000. Status: Public Act 101-177.
 
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Human Rights Act Expands Employer Definition
HB 252 amends the definition of "employer" to include any person employing one employee (instead of the current 15) within Illinois during 20 or more calendar weeks within the calendar year of or preceding an alleged human rights violation. The legislation exempts churches. Status: Public Act 101-430, effective July 1, 2020.
 
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Chicago City Council Passes Fair Workweek Ordinance
The Fair Workweek Ordinance puts new mandates on City of Chicago employers and how they schedule employees, including 14 days of scheduling, predictability pay for changes in scheduled shifts, and extra pay for workers who work two shifts within 10 hours. ICPAS was a member of the Work Your Way Coalition, which negotiated a more balanced employee/employer ordinance.
 
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Legislation Strengthens Illinois' Medical Cannabis Program
SB 455 supports students who are registered patients by expanding the means of administering medical cannabis products and permitting use at school-sponsored activities. Status: Public Act 101-370, effective Jan. 1, 2020.

SB 2023 expands and makes permanent Illinois' medical cannabis program and adds 11 new conditions for eligibility. Status: Public Act 101-363, effective Aug. 9, 2023.
 
Driver's Licenses Tied to Child Support
SB 1473 provides the Department of Healthcare and Family Services more flexibility in collecting interest on IV-D cases to give relief for obligors and extends authorization for working with obligors if their driver's licenses are suspended more than once for nonpayment of child support obligations. Status: Public Act 101-336, effective Aug. 9, 2019.
 
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LLC Cleanup Bill Awaiting Governor
SB 1495 incorporates several updates and changes into the 2016 rewrite of the LLC Act, including clarification of liability under Sec. 10-10, which has been interpreted by some courts to shield third persons from liability. Status: On the governor's desk.
 
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Civil Action Timeframe Set for Financial Crimes
HB 2287 authorizes a civil action within 10 years after the last act committed in furthering a crime arising out of theft of property exceeding $100,000 in value. Status: Public Act 101-136.
 
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Illinois Trust Code Modernized
HB 1471 modernizes the trust law in Illinois to mirror the Uniform Trust Code and codify common law concepts applying to trusts. Status: Public Act 101-48, effective Jan. 1, 2020.
 
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Revised Uniform Unclaimed Property Act Amended
SB 1614 provides that an heir or their agent who files an unclaimed property claim for less than $100 may submit an affidavit in lieu of submitting a certified copy of a claim, which must be accompanied by other documentary proof to perfect the claim. Status: Public Act 101-342, effective Aug. 9, 2019.
 
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kNOWLEDGEHUB
 
 
 
   KNOWLEDGEHUB    
 
 
KnowledgeHub Resource
 
 
 
Making the Move Into Client Advisory Services
 
With transformative change on the horizon, many accounting firms are pushing ahead by diversifying their practice with new client advisory services, otherwise known as CAS. However, in doing so, many practices will face the risk of spreading their efforts too thin. Mistakes like these are avoidable.
 
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KnowledgeHub Resource
 
 
 
Your Guide to Accounts Payable Automation
 
The average AP workflow is full of manual, time-consuming, hands-on tasks. Imagine what your finance departments could accomplish with automated AP processes. Get the information you need to experience a smarter, faster way forward.
 
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   NOTABLE NEWS     
 
 
 
IDOR Adopts Administrative Rules for Maintenance and Production of Books and Records
The Administrative Rules amend the Retailers' Occupation Tax, Service Occupation Tax, Cigarette Tax Act to implement Public Act 100-940. The rules require any person who fails to keep books or records or fails to produce books and records for examination as required is liable to pay a penalty of $1,000 for the first failure and $3,000 for each subsequent failure.
 
IDOR Issues Guidance for Tax Amnesty Program
An upcoming tax amnesty program will allow taxpayers to resolve any franchise tax or license fee liabilities for tax periods March 15, 2008 through June 30, 2019. The tax amnesty program will begin Oct. 1, 2019 and end Nov. 15, 2019.
 
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   INSIGHT MAGAZINE     
 
 
 
INSIGHT MAGAZINE
 
Weighing the Taxes on Legal Weed
 
Illinois legislators have rolled out the foundation for a legal recreational cannabis industry — with no shortage of taxes to go along with it.
 
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   eNEWS CENTRAL     
 
 
 
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WHAT'S TRENDING
Is Your Firm Future-Ready?
It is becoming abundantly clear that clients are more demanding, technology can inspire better ways of working, and core beliefs previously driving the profession should now be re-evaluated.

The Practice of Now 2019 Report includes the findings of independent research commissioned by Sage where 3,000 accountants were surveyed from across the globe.
 
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