Illinois legislation · 104th General Assembly
Illinois SB2836: GOV ACCOUNT AUDIT-TOWNSHIPS
Status: Signed into law, July 24, 2026
Amends the Governmental Account Audit Act. Modifies the audit procedures for governmental units under the Act for the governmental units fiscal years 2028 and after, including: (1) modifying the definitions of "audit report" and "report", and adds a definition for "annual financial report"; (2) requiring the governing body of each governmental unit to conduct an audit every 2 years (rather than annually) of the accounts of the unit to be made by an auditor or auditors, and modifying the requirements of the audits; (3) allowing an exception for a governmental unit receiving revenue of less than $1,400,000 for any fiscal year, with the amount to increase or decrease by a percentage equal to the Consumer Price Index-U as reported on January 1 of each year, to provide a 4-year audit report and annual financial report or annual financial report under specified requirements (rather than a governmental unit receiving revenue of less than $850,000 for any fiscal year providing a 4-year audit report and annual financial report or annual financial report under specified requirements); and (4) modifying the requirements for signing, copying, and filing completed reports. Amends the Township Code to make conforming changes. Effective immediately.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2836Introduced 1/13/2026, by Sen. Adriane JohnsonSYNOPSIS AS INTRODUCED: ILCS 310/1from Ch. 85, par. 70150 ILCS 310/2from Ch. 85, par. 70250 ILCS 310/3from Ch. 85, par. 70350 ILCS 310/6from Ch. 85, par. 70660 ILCS 1/80-20 50 ILCS 310/1 from Ch. 85, par. 701 50 ILCS 310/2 from Ch. 85, par. 702 50 ILCS 310/3 from Ch. 85, par. 703 50 ILCS 310/6 from Ch. 85, par. 706 60 ILCS 1/80-20 ILCS 310/1 from Ch. 85, par. ILCS 310/2 from Ch. 85, par. ILCS 310/3 from Ch. 85, par. ILCS 310/6 from Ch. 85, par…
From the introduced text, January 13, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2836Introduced 1/13/2026, by Sen. Adriane JohnsonSYNOPSIS AS INTRODUCED: ILCS 310/1from Ch. 85, par. 70150 ILCS 310/2from Ch. 85, par. 70250 ILCS 310/3from Ch. 85, par. 70350 ILCS 310/6from Ch. 85, par. 70660 ILCS 1/80-20 50 ILCS 310/1 from Ch. 85, par. 701 50 ILCS 310/2 from Ch. 85, par. 702 50 ILCS 310/3 from Ch. 85, par. 703 50 ILCS 310/6 from Ch. 85, par. 706 60 ILCS 1/80-20 ILCS 310/1 from Ch. 85, par. ILCS 310/2 from Ch. 85, par. ILCS 310/3 from Ch. 85, par. ILCS 310/6 from Ch. 85, par. ILCS 1/80-20 Amends the Governmental Account Audit Act. Modifies the auditprocedures for governmental units under the Act for the governmental unitsfiscal years 2028 and after, (2) requiring the governing body of each governmental unit toconduct an audit every 2 years (rather than annually) of the accounts ofthe unit to be made by an auditor or auditors, and modifying therequirements of the audits; (3) allowing an exception for a governmentalunit receiving revenue of less than $1,400,000 for any fiscal year, withthe amount to increase or decrease by a percentage equal to the ConsumerPrice Index-U as reported on January 1 of each year, to provide a 4-yearaudit report and annual financial report or annual financial report underspecified requirements …