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HB 5391·IL·house

GOV REPORT ENHANCEMENT ACT

Reported by CommitteeFiled Feb 6, 2026
Sponsor: Natalie A. Manley
Latest Action

Rule 19(a) / Re-referred to Rules Committee

Apr 17, 2026

Summary

Starting in fiscal year 2028, local governments will be placed in one of four categories according to their annual external cash receipts. Each category has a specific reporting and audit process, ranging from an elected audit committee to CPA‑performed procedures and GAAP financial statements. The act also limits home‑rule authority and updates related statutes.

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