Illinois 96th Regular Session Status: In Committee

HB 5212 — TRUTH IN ACCOUNTING ACT

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 96th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Creates the Truth in Accounting Act of 2010 and amends the State Comptroller Act and the Commission on Government Forecasting and Accountability Act. Prohibits the General Assembly from passing appropriation bills until it adopts a joint resolution reflecting for that fiscal year the State's estimated income, balance sheet, cash flow, and surplus or deficit. Requires the Commission's annual March estimates to include the State's estimated income, balance sheet, cash flow, and surplus or deficit, based on full accrual accounting standards developed by the Governmental Accounting Standards Board. Requires electronic publication of appropriation bills and amendments before legislative committee consideration or General Assembly passage. Provides that the State's financial accounting and reporting standards shall comply with full accrual accounting standards developed by the Governmental Accounting Standards Board. Requires the Comptroller to publish a Consolidated Annual Financial Report based on full accrual accounting principles. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Added Co-Sponsor Rep. Sandra M. Pihos

  3. Motion to Sustain the Chair - Prevailed 068-048-000

  4. Shall the Chair be Sustained

  5. Appeal Ruling of Chair Rep. William B. Black

  6. Motion Discharge Committee Lost

  7. Chair Rules Motion Lost

  8. Objects to Motion Rep. Barbara Flynn Currie

  9. Motion Filed to Discharge Rules Committee Rep. William B. Black

  10. Added Co-Sponsor Rep. Karen May

  11. Added Co-Sponsor Rep. Elizabeth Coulson

  12. Added Co-Sponsor Rep. Tom Cross

  13. Added Co-Sponsor Rep. David R. Leitch

  14. Added Co-Sponsor Rep. William B. Black

  15. Motion to Sustain the Chair - Prevailed 068-044-000

  16. Shall the Chair be Sustained

  17. Appeal Ruling of Chair Rep. Michael W. Tryon

  18. Motion Discharge Committee Lost

  19. Chair Rules Motion Lost

  20. Objects to Motion Rep. Lou Lang

  21. Motion Filed to Discharge Rules Committee Rep. Michael W. Tryon

  22. Added Co-Sponsor Rep. Darlene J. Senger

  23. Added Co-Sponsor Rep. Kay Hatcher

  24. Added Co-Sponsor Rep. Sandy Cole

  25. Added Co-Sponsor Rep. Robert W. Pritchard

  26. Added Co-Sponsor Rep. Jim Watson

  27. Added Co-Sponsor Rep. David Reis

  28. Added Co-Sponsor Rep. Richard P. Myers

  29. Added Co-Sponsor Rep. Roger L. Eddy

  30. Added Chief Co-Sponsor Rep. Jim Durkin

  31. Added Chief Co-Sponsor Rep. Michael G. Connelly

  32. Added Chief Co-Sponsor Rep. Patricia R. Bellock

  33. Added Chief Co-Sponsor Rep. Jack D. Franks

  34. Referred to Rules Committee

  35. First Reading

  36. Filed with the Clerk by Rep. Michael W. Tryon

Sponsors

  • Michael W. Tryon · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on · 3 voted No

Sponsors (0)

None.

Co-sponsors (1)

  • Michael W. Tryon

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Failed 68 Yea · 48 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 544502
Democrat 13000
Republican 1300
Total 684802
% of votes cast 58%41%0%2%
How each member voted (118)
Member Party Vote
Jakobsson — Yea
Jefferson — Yea
May — Yea
Davis, Monique — Yea
Reitz — Yea
Lyons — Yea
Dugan — Yea
Dunkin — Yea
Farnham — Yea
Leitch — Nay
Madigan — Yea
McAuliffe — Nay
Bradley — Yea
McGuire — Yea
Burke — Yea
McCarthy — Yea
Mell — Yea
Nekritz — Yea
Phelps — Yea
Gordon, Careen — Yea
Senger — Nay
Gordon, Jehan — Yea
Hannig — Yea
Harris — Yea
Sente — Yea
Hernandez — Yea
Thapedi — Yea
Tryon — Nay
Howard — Yea
Turner — Yea
Verschoore — Yea
Washington — Yea
Yarbrough — Yea
Zalewski — Yea
Brady — Nay
Sullivan — Nay
Mitchell, Bill — Nay
Cavaletto — Nay
Colvin — Yea
Currie — Yea
D'Amico — Yea
Durkin — Nay
Eddy — Nay
Flowers — Yea
Fortner — Nay
Fritchey — Nay
Froehlich — Yea
Golar — Yea
Holbrook — Yea
Jackson — Yea
Kosel — Nay
Watson — Nay
Moffitt — Nay
Mulligan — Nay
Mitchell, Jerry — Not Voting
Myers — Nay
Pihos — Nay
Wait — Nay
Winters — Nay
Coladipietro — Nay
Cole — Nay
Connelly — Nay
Coulson — Nay
Cross — Nay
Cultra — Nay
Franks — Not Voting
Hatcher — Nay
Osmond — Nay
Osterman — Yea
Poe — Nay
Pritchard — Nay
Ramey — Nay
Reboletti — Nay
Reis — Nay
Riley — Yea
Sacia — Nay
Saviano — Nay
Schmitz — Nay
Sommer — Nay
Soto — Yea
Lang — Yea
Acevedo — Yea
Arroyo — Yea
Bassi — Nay
Beaubien — Nay
Beiser — Yea
Bellock — Nay
Mathias — Nay
Berrios — Yea
Biggins — Nay
Mautino — Yea
Black — Nay
Boland — Yea
Bost — Nay
Brauer — Nay
Burns — Yea
Carberry — Yea
Mendoza — Yea
McAsey — Yea
Flider — Yea
Chapa LaVia — Yea
Anthony DeLuca Democrat Yea
Camille Y. Lilly Democrat Yea
Fred Crespo Democrat Yea
Jay Hoffman Democrat Yea
La Shawn K. Ford Democrat Yea
Lakesia Collins Democrat Yea
Mark L. Walker Democrat Yea
Nicholas K. Smith Democrat Yea
Patrick J. Joyce Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sara Feigenholtz Democrat Yea
William "Will" Davis Democrat Yea
Brad Stephens Republican Nay
Chapin Rose Republican Nay
Chris Miller Republican Yea
Jil Tracy Republican Nay

Official roll call →

Motion

Failed 68 Yea · 44 Nay · 6 Other
Party YeaNayPresentNot Voting
Unaffiliated 564106
Democrat 11000
Republican 1300
Total 684406
% of votes cast 58%37%0%5%
How each member voted (118)
Member Party Vote
Myers — Not Voting
Holbrook — Yea
Madigan — Yea
May — Yea
McCarthy — Yea
Mell — Yea
Davis, Monique — Yea
Osterman — Yea
Phelps — Yea
Reitz — Yea
Sente — Yea
Soto — Yea
Thapedi — Yea
Lyons — Yea
Turner — Yea
Verschoore — Yea
Washington — Yea
Yarbrough — Yea
Zalewski — Yea
Bradley — Yea
McGuire — Yea
Burke — Yea
Gordon, Careen — Yea
Gordon, Jehan — Yea
Hannig — Yea
Harris — Yea
Hernandez — Yea
Howard — Yea
Carberry — Yea
Colvin — Yea
Dugan — Yea
Dunkin — Yea
Farnham — Yea
Flowers — Yea
Fritchey — Yea
Golar — Yea
Graham — Yea
Hamos — Yea
Jackson — Yea
Jefferson — Yea
McAuliffe — Nay
Mulligan — Nay
Nekritz — Not Voting
Osmond — Nay
Brady — Nay
Senger — Nay
Sullivan — Nay
Mitchell, Bill — Nay
Mitchell, Jerry — Nay
Sommer — Nay
Tryon — Nay
Watson — Nay
Wait — Nay
Winters — Nay
Cavaletto — Nay
Coladipietro — Nay
Cole — Nay
Connelly — Nay
Coulson — Nay
Cross — Nay
Cultra — Nay
Currie — Yea
D'Amico — Yea
Durkin — Not Voting
Eddy — Nay
Fortner — Nay
Hatcher — Nay
Jakobsson — Yea
Kosel — Nay
Pihos — Nay
Poe — Nay
Pritchard — Nay
Ramey — Nay
Reboletti — Nay
Reis — Nay
Riley — Yea
Sacia — Nay
Saviano — Nay
Schmitz — Nay
Lang — Yea
Leitch — Nay
Acevedo — Yea
Arroyo — Yea
Bassi — Nay
Beaubien — Nay
Beiser — Yea
Bellock — Nay
Mathias — Not Voting
Berrios — Yea
Biggins — Nay
Mautino — Yea
Black — Not Voting
Boland — Yea
Bost — Nay
Brauer — Nay
Burns — Yea
Mendoza — Yea
McAsey — Yea
Moffitt — Nay
Flider — Yea
Franks — Yea
Froehlich — Yea
Chapa LaVia — Not Voting
Anthony DeLuca Democrat Yea
Fred Crespo Democrat Yea
Jay Hoffman Democrat Yea
La Shawn K. Ford Democrat Yea
Lakesia Collins Democrat Yea
Mark L. Walker Democrat Yea
Nicholas K. Smith Democrat Yea
Patrick J. Joyce Democrat Yea
Robert "Bob" Rita Democrat Yea
Sara Feigenholtz Democrat Yea
William "Will" Davis Democrat Yea
Brad Stephens Republican Nay
Chapin Rose Republican Nay
Chris Miller Republican Yea
Jil Tracy Republican Nay

Official roll call →

Subjects

finance
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Frequently asked questions

What does HB 5212 do?
Creates the Truth in Accounting Act of 2010 and amends the State Comptroller Act and the Commission on Government Forecasting and Accountability Act. Prohibits the General Assembly from passing appropriation bills until it adopts a joint resolution reflecting for that fiscal year the State's estimated income, balance sheet, cash flow, and surplus or deficit. Requires the Commission's annual March estimates to include the State's estimated income, balance sheet, cash flow, and surplus or deficit, based on full accrual accounting standards developed by the Governmental Accounting Standards Board. Requires electronic publication of appropriation bills and amendments before legislative committee consideration or General Assembly passage. Provides that the State's financial accounting and reporting standards shall comply with full accrual accounting standards developed by the Governmental Accounting Standards Board. Requires the Comptroller to publish a Consolidated Annual Financial Report based on full accrual accounting principles. Effective immediately.
Who sponsors HB 5212?
HB 5212 is sponsored by Michael W. Tryon.
What is the current status of HB 5212?
This bill died with 96th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 5212?
Track HB 5212 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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