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Bill > HB0368


IL HB0368

IL HB0368
STATE AUDIT-CONFIDENTIAL INFO


summary

Introduced
01/28/2021
In Committee
05/06/2021
Crossed Over
04/16/2021
Passed
05/27/2021
Dead
Signed/Enacted/Adopted
07/09/2021

Introduced Session

102nd General Assembly

Bill Summary

Amends the Illinois State Auditing Act. Provides that federal tax information disclosed under the Act shall only be provided in accordance with federal law and regulation applicable to the safeguarding of federal tax information. Provides that the specified requirements concerning confidentiality of information apply to contractors of the Office of the Auditor General. Removes prior provisions concerning the release of confidential income tax records. Amends the Illinois Income Tax Act. Provides that the furnishing upon request of the Auditor General, or his or her authorized agents, for official use of tax returns filed and information related thereto under the Act is deemed to be an official purpose within the Department of Revenue for the purposes of confidentiality and information sharing. Effective immediately.

AI Summary

This bill amends the Illinois State Auditing Act and the Illinois Income Tax Act. It specifies that federal tax information can only be provided to the Auditor General in accordance with federal law and regulations regarding the safeguarding of such information. The bill also extends confidentiality requirements to contractors of the Office of the Auditor General. Additionally, it deems the furnishing of tax return information to the Auditor General as an official purpose within the Department of Revenue, allowing for information sharing. The bill takes effect immediately upon becoming law.

Committee Categories

Government Affairs

Sponsors (11)

Last Action

Added Co-Sponsor Rep. Mary E. Flowers (on 03/01/2022)

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