reglab/statecodes huggingface dataset:
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart C - STANDARDS OF PRACTICE AND LICENSEE REQUIREMENTS › Section 1410.230 - Required Information of Applicant or Licensee

Current through Register Vol. 48, No. 28, July 12, 2024
a) Address of Record and Email Address of
				Record
1) Pursuant to Section 2105-7 of the
				Civil Administrative Code of Illinois [20 ILCS 2105
				], all applicants and licensees shall provide to the Division a valid address,
				which shall not be a post office box, and a valid email address which shall
				serve as the address of record and email address of record, respectively, at
				the time of application for licensure or renewal of a license; and
2) Inform the Division, in a format and
				manner prescribed by the Division within 14 days, after any change in the
				address of record or email address of record.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart C - STANDARDS OF PRACTICE AND LICENSEE REQUIREMENTS › Section 1410.235 - Insurance Requirements

Current through Register Vol. 48, No. 28, July 12, 2024
a) A
				licensed home inspector, licensed home inspector entity, or applicant shall
				maintain general liability insurance in the amount of at least $100,000 to
				cover any losses or claims against a home inspector, the managing home
				inspector, or the home inspector entity.
b) The general liability insurance, if
				applicable, must at all times cover:
1) the
				managing home inspector;
2) the
				home inspector entity;
3) all
				licensed home inspectors; and
4)
				all owners, partners, members, managers, officers, directors, and employees of
				the home inspector entity.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart C - STANDARDS OF PRACTICE AND LICENSEE REQUIREMENTS › Section 1410.240 - Retention of Records

Current through Register Vol. 48, No. 28, July 12, 2024
a) A person or
				entity licensed under the Act shall be required to maintain a record of home
				inspections conducted, including the original or true and exact copy of the
				executed written contract that engaged the licensee's services, the home
				inspection report, any supplemental reports, as well as any supporting data or
				documentation used to develop the home inspection report.
b) These records shall be kept for a period
				of 5 years after each home inspection is performed or 2 years after the final
				disposition of any judicial proceeding related to the home inspector's
				services, which includes any appeal, whichever is longer.
c) The record of home inspections shall be
				kept in a sequential format and shall include the date of the home inspection,
				the date of the final home inspection report and any supplemental reports, the
				name of the client and/or their authorized representative, and the address of
				the home inspected.
d) These
				records shall be kept in a physical or electronic format and shall be produced
				within 30 days after a request by the Department.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart C - STANDARDS OF PRACTICE AND LICENSEE REQUIREMENTS › Section 1410.250 - General Home Inspection Requirements

Current through Register Vol. 48, No. 28, July 12, 2024
a) A home inspector entity licensed pursuant
				to the Act and this Part shall only utilize licensed home inspectors to conduct
				home inspections and to sign home inspection reports.
b) The licensed home inspector who signs a
				home inspection report on behalf of themselves or a home inspector entity shall
				include: their name, license number, expiration date of their license, written
				or electronic signature, and the names and license numbers of all the home
				inspectors that contributed to the home inspection report or to any
				supplemental or subsequent written evaluation of that report.
c) The licensed home inspector who signs a
				home inspection report on behalf of a home inspector entity shall either be the
				managing home inspector or the entity or the entity's licensed
				designee.
d) The home inspector
				entity and the managing home inspector are responsible for the actions of all
				their licensed and unlicensed employees, agents, independent contractors, and
				representatives while providing home inspections or home inspection
				services.
e) Each managing home
				inspector shall inform the Division, in a manner prescribed by the Division,
				the name and license number of all home inspectors employed by or associated
				with the home inspector entity. Each managing home inspector shall notify the
				Division of the name and license number of a licensed home inspector whose
				employment or association with the entity has terminated. Notification shall be
				made within 14 days after termination.
f) A home inspector entity shall report to
				the Division, in a manner prescribed by the Division, any changes to the
				designated managing home inspector for that entity.
g) Except as otherwise required by law,
				client information or inspection results shall not be sent to a third party,
				such as an attorney or other party associated with a real estate transaction,
				unless there is written consent from the client, and any such written consent
				shall be kept as part of the home inspector's records.
h) If the licensee intends to use any
				identifying client information or home inspection results as part of its
				advertising or for any other commercial purpose, the licensee must obtain
				written consent and approval from the client prior to its use.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart D - ENFORCEMENT PROVISIONS › Section 1410.300 - Unprofessional Conduct

Current through Register Vol. 48, No. 28, July 12, 2024
Conduct that constitutes dishonorable, unethical, or
				  unprofessional conduct of a character likely to deceive, defraud, or harm the
				  public includes, but is not limited to:
a) The licensee conducts services or provides
				a professional opinion not based on the licensee's own competency, experience,
				or requisite skill.
b) The licensee
				grossly misrepresents reported conditions or significance of reported
				conditions.
c) The licensee
				discloses any information concerning the results of a home inspection without
				the approval of the client, except when conditions that threaten health, safety
				or welfare exist that require emergency action. If any of these conditions
				exist, the home inspector is required to report those findings to the homeowner
				or a duly authorized agent of the owner.
d) The licensee accepts compensation from
				another party to the real estate transaction, other than the client, for the
				same service without the written consent of all parties to the
				transaction.
e) The licensee offers
				or accepts compensation, directly or indirectly, from other parties dealing
				with a client while providing a home inspection as consideration or inducement
				for the referral of business.
f)
				The licensee performs additional services but fails to provide written notice
				of the services and/or to secure written consent by the client of a potential
				or existing conflict that may exist with the home inspection.
g) The licensee fails to promptly disclose in
				writing to a client any direct or indirect interest in the subject property and
				fails to secure written consent of the client.
h) The licensee allows an interest in any
				business to affect the quality of the results of a home inspection.
i) The licensee fails to disclose in writing
				to the client prior to the home inspection any limitations or exclusions of
				systems or components being inspected.
j) The licensee aids or assists another in
				the violation of the Act or this Part.
k) The licensee violates the term of an order
				issued by the Department.
l) The
				licensee aids, assists, or facilitates another to use or appropriate
				credentials or a license for the purpose of preparing a home inspection report
				knowing that person to be unlicensed.
m) The licensee advises a client as to
				whether the client should or should not engage in a real estate transaction or
				provides an opinion of value regarding the residential real property that is
				the subject of the home inspection.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart D - ENFORCEMENT PROVISIONS › Section 1410.320 - Cooperation Required with the Division

Current through Register Vol. 48, No. 28, July 12, 2024
a) Pursuant to Section 15-10(a)(16) of the
				Act, all licensees are required to fully cooperate with any audit,
				investigation, interrogatory, examination, or request for information regarding
				any aspect of the licensee's home inspection practice or application for
				licensure. Full cooperation includes, but is not necessarily limited to:
1) Providing to the Division a complete copy
				of a signed home inspection report as it was transmitted to the client,
				including the executed written contract, any supplemental reports, supporting
				data, file memoranda, work files, and supporting and/or verification
				documentation required to be maintained by the Act;
2) Providing to the Division continuing
				education certificates, records of home inspections, or records of insurance
				coverage as required to be maintained by the Act or this Part; or
3) Providing to the Division a complete
				response to any written request, interrogatory, or request for clarification
				submitted to a licensee or applicant.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart D - ENFORCEMENT PROVISIONS › Section 1410.380 - Hearings

Current through Register Vol. 48, No. 28, July 12, 2024
All Department administrative hearings shall be conducted in
				  accordance with the Rules of Practice in Administrative Hearings as provided
				  for in 68 Ill. Adm. Code 1110.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart E - ADMINISTRATIVE PROVISIONS › Section 1410.400 - Fees

Current through Register Vol. 48, No. 28, July 12, 2024
a) Initial
				application fee for a home inspector license pursuant to the Act and this Part.
1) The application fee for an initial license
				as a home inspector shall be $250.
2) The application fee for an initial license
				as a home inspector entity shall be $250.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart E - ADMINISTRATIVE PROVISIONS › Section 1410.420 - Granting of Variances

Current through Register Vol. 48, No. 28, July 12, 2024
The Director may grant variances from this Part in cases in
				  which the Director finds that:
a) The
				provisions from which the variance is granted is not statutorily
				mandated;
b) The granting of the
				variance would not be contrary to the public welfare; and
c) Application of the rule from which the
				variance is granted would, in the particular case, be unreasonable or
				unnecessarily burdensome.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.500 - Education Provider Application; Requirements

Current through Register Vol. 48, No. 28, July 12, 2024
a) In accordance with Section 20-5 of the
				Act, any person or entity seeking approval to provide pre-license and/or
				continuing education courses shall submit:
1)
				An application, in a manner provided by the Division, that is signed by the
				applicant and fully completed, along with the applicant's tax identification
				number and any other supporting documentation as required under Section 20-5 of
				the Act;
2) The fee required by
				Section 1410.400; and
3) If applicable, a copy of the Articles of
				Incorporation, certificate of authority to transact business in Illinois, or
				other evidence of legal formation or authority filed with the Secretary of
				State to operate in Illinois.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.510 - Pre-License Education Course Requirements of Education Providers

Current through Register Vol. 48, No. 28, July 12, 2024
a) For the purposes
				of this Section, the pre-license education shall be defined as a program of
				instruction that meets the curriculum requirements of this Part.
b) Each course shall conform to the
				applicable course curriculum prescribed by Section
				1410.520.
c) The Division shall only grant approval for
				two types of courses that are part of an overall pre-license education program
				for a home inspector license. An education provider must provide at least one
				of the following:
1) A 60-hour pre-license
				course of instruction; or
2) A
				pre-license field course which includes five field inspection events and a
				final field examination.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.520 - Pre-License Education and Curriculum

Current through Register Vol. 48, No. 28, July 12, 2024
a) To sit for the home inspector written
				examination, an individual must complete the pre-license education of 60 credit
				hours of instruction, 5 field inspection events, and a final field
				examination.
b) The content for
				pre-license education shall represent a progression of instruction and must
				include the following topics at a minimum:
1)
				Exteriors: Exterior study must include, at a minimum, the methods and
				techniques for identifying, describing, and inspecting the following:
A) Exposed foundations.
B) Siding, exterior doors and windows,
				exterior wall covering material, flashing and trim, eaves, soffits, and fascia,
				including aluminum, brick, vinyl, steel asphalt, hardboard, stucco, wood, and
				exterior insulation finish system.
C) Gutter and drainage control
				systems.
D) Porches, attached
				decks, balconies, stoops, steps, landings, and railings, including the
				structural composition.
E)
				Vegetation, grading, and surface drainage, including retaining walls, walkways,
				driveways, and patios leading to a dwelling entrance.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.540 - Continuing Education Course Requirements of Education Providers

Current through Register Vol. 48, No. 28, July 12, 2024
a) A continuing
				education course shall be at least 1 hour in length and shall meet the course
				curriculum prescribed in Section
				1410.550.
b) Each education provider who seeks approval
				of a continuing education course shall submit:
1) An application, in a manner provided by
				the Division, that is signed and fully completed by the applicant;
2) The appropriate fee required by Section
				1410.400;
3) A course description, including the
				textbooks and material references, learning objectives, a comprehensive timed
				outline, the final examination, answer key for the examination, and if
				applicable, the final exam proctor policy;
4) The method of delivery for the courses,
				such as in-person or classroom, interactive webinar, online distance education,
				or home-study/correspondence learning;
5) The name, license number, and expiration
				date of the education provider's license; and
6) An examination with answer key that
				includes a minimum of 8 questions per one credit hour of course
				instruction.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.550 - Curriculum and Credit for Continuing Education

Current through Register Vol. 48, No. 28, July 12, 2024
a) A licensed home inspector who applies for
				renewal of their home inspector license shall successfully complete a total of
				12 hours of approved continuing education during each 2-year renewal cycle.
				Continuing education must consist of a minimum of 8 hours of mandatory
				courses.
b) Continuing education
				courses for a home inspector shall include course work designed to increase the
				home inspector's skill, knowledge, and competency in home inspections and shall
				cover topics such as the following:
1)
				Mandatory courses include but are not limited to:
A) Identifying and inspecting the following
				components and systems:
i)
				Exteriors;
ii) Interiors;
iii) Roofing;
iv) Plumbing;
v) Electrical;
vi) HVAC;
vii) Structural;
viii) Fireplaces, solid fuel burning
				appliances, and household appliances;
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.570 - Expiration and Renewal for Education Providers and Pre-License and Continuing Education Courses

Current through Register Vol. 48, No. 28, July 12, 2024
a) All education
				provider licenses, pre-license and continuing education courses shall expire on
				December 31 of odd-numbered years.
b) Education providers who seek to renew
				their license, and pre-license and continuing education courses shall submit to
				the Division:
1) An application, on forms and
				in a manner prescribed by the Division, that is signed and fully
				completed;
2) Any course materials
				requested by the Division during the renewal application process; and
3) The fees required by Section
				1410.400.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.580 - Continuing Education Reporting

Current through Register Vol. 48, No. 28, July 12, 2024
a)
				Each licensed education provider, pursuant to Section 20-5 of the Act, licensed
				to offer approved continuing education courses shall submit to the Division, in
				a manner prescribed by the Division, on or before the
				15th of each month, a report of those licensees
				successfully completing the continuing education courses offered by the
				education provider during the preceding calendar month.
b) The monthly reports shall include, but not
				be limited to, the following information for each home inspection licensee:
1) The licensed home inspector's name,
				address, and license number;
2) The
				education provider's name and license number; and
3) The continuing education course name and
				license number.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1410 - HOME INSPECTOR LICENSE ACT › Subpart F - EDUCATION PROVIDERS AND COURSE APPROVAL › Section 1410.610 - Pre-License Education Transitional Provisions

Current through Register Vol. 48, No. 28, July 12, 2024
a) Beginning March 1, 2024, the Division will
				begin accepting applications for pre-license and continuing education courses
				that comply with the new requirements and curriculum established in this
				Part.
b) Beginning January 1, 2025,
				all pre-license and continuing education courses offered and made available to
				the public must conform to the new requirements and curriculum established in
				this Part. A pre-license or continuing education course that does not comply
				with the new requirements and curriculum will not be accepted or is ineligible
				for renewal.
c) Beginning January
				1, 2025, students seeking licensure or licensees seeking renewal under this Act
				shall only be enrolled in pre-license or continuing education that is in
				compliance with the new requirements and curriculum of this Part.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.5 - Definitions

Current through Register Vol. 48, No. 28, July 12, 2024
"Act" means the Illinois Public Accounting Act [225 ILCS
				450].
"AICPA" means the American Institute of Certified Public
				Accountants.
"Board" means the Board of Examiners established under Section
				2 of the Act.
"Client" means the person or entity that retains a CPA or CPA
				firm for the performance of accountancy activities.
"Committee" means the Public Accountant Registration and
				Licensure Committee appointed by the Secretary.
"CPA" means a certified public accountant who holds a license
				or registration issued by the Department or an individual authorized to use the
				CPA title under Section 5.2 of the Act.
"CPA Firm" means a sole proprietorship, corporation, registered
				limited liability partnership, limited liability company, partnership,
				professional service corporation, or any other form of organization issued a
				license in accordance with the Act.
"CPE" means continuing professional education.
"CPE Sponsor" means a continuing professional education sponsor
				as set forth in Section
				1420.72.
"Department" means the Illinois Department of Financial and
				Professional Regulation.
"Director" means the Director of the Department of Financial
				and Professional Regulation-Division of Professional Regulation.
"Division" means the Department of Financial and Professional
				Regulation-Division of Professional Regulation.
"NASBA" means the National Association of State Boards of
				Accountancy.
"PRRC" means a Peer Review Report Committee.
"Society" means the Illinois CPA Society Peer Review
				Alliance.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.10 - Experience

Current through Register Vol. 48, No. 28, July 12, 2024
a) The Division
			 shall license individuals who have received CPA certificates issued by the
			 Board (see 23 Ill. Adm. Code 1400), not been subject to discipline under
			 Section 20.01 of the Act and Section 1420.200 of this Part, and had at least
			 one year of full-time experience, or its equivalent, providing any type of
			 service or advice involving the use of accounting, attest, management advisory,
			 financial advisory, tax or consulting skills that may be gained through
			 employment in government, industry, academia, or public practice. Applicants
			 may only receive experience after completing 120 hours of undergraduate
			 education and having obtained a baccalaureate degree with an accounting
			 concentration or equivalent.
b) The
			 term "year" shall be 12 months with an average of at least 20 work days per
			 month during which the applicant was engaged in full-time employment equal to
			 1500 hours or more annually.
c) If
			 an individual works part-time for more than one year, but less than four years,
			 and gains 2000 hours of experience, the individual has met the equivalent of
			 "one year of full-time experience" required by subsection (a).
d) Verification of the experience required by
			 this Section shall be completed and signed by an applicant's designated
			 supervisor or the authorized agent of the employer.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.20 - Application for Licensure as a Certified Public Accountant

Current through Register Vol. 48, No. 28, July 12, 2024
a) An applicant for licensure as a CPA shall
			 submit the following to the Division:
1) A
			 completed and signed application on forms provided by the Division;
2) Certification of the issuance of a valid
			 and unrevoked Illinois CPA certificate, issued by the Board or current
			 registration as a CPA with the Division;
3) Proof of the experience required by
			 Section
			 1420.10;
4) The required fee set forth in Section
			 1420.40; and
5) If the applicant's CPA certificate from
			 the Board was issued more than 4 years prior to the application for a license
			 as a licensed CPA under this Section, the applicant shall submit proof
			 acceptable to the Division of having completed not less than 90 hours of
			 verifiable CPE, including 4 hours covering the subject of professional
			 ethics(see Section
			 1420.70
			 ) within the 3 years immediately preceding the application.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.30 - Application for Licensure as a Certified Public Accounting Firm

Current through Register Vol. 48, No. 28, July 12, 2024
a) For purposes of
			 this Section:
1) "Applicant Firm" or "Firm"
			 shall include:
A) A sole proprietorship,
			 corporation, registered limited liability partnership, limited liability
			 company, partnership, professional service corporation, or any other form of
			 organization determined by the Division or other regulatory authority to be
			 authorized or entitled to conduct business in this State and meeting
			 requirements of the Act relating to the performance of accountancy activities
			 in this State;
B) A public
			 accounting unit consisting of an individual licensee operating under an assumed
			 name, including but not limited to a business name, that contains such words as
			 "and Company", "and Associates" or similar words indicating that others take
			 part in the conduct of the business.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.40 - Fees

Current through Register Vol. 48, No. 28, July 12, 2024
a) The fee for
			 application as a licensed CPA is $120;
b) The fee for renewal of a license as a
			 licensed CPA is $40 per year;
c)
			 The fee for renewal of a license as a registered CPA is $30 per year;
d) The fee for application as a licensed CPA
			 firm is $120;
e) The fee for
			 renewal of a license as a CPA firm is $40 per year;
f) The fee for restoration of a license from
			 inactive status is the current renewal fee;
g) The fee for restoration of a license as a
			 licensed CPA, registered CPA, CPA firm, or CPE sponsor, other than from
			 inactive status, is $50 plus all lapsed renewal fees, not to exceed
			 $260;
h) The fee for certification
			 of a licensee's record is $20;
i)
			 The fee for application to be a CPE sponsor is $150. Publicly supported
			 colleges, universities and governmental agencies located in Illinois are exempt
			 from payment of fees for CPE sponsor application and renewal;
j) The renewal fee for CPE sponsors shall be
			 $150 per year.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.50 - Endorsement

Current through Register Vol. 48, No. 28, July 12, 2024
a) Any person
			 currently licensed in another jurisdiction who desires to obtain a license as a
			 licensed CPA by endorsement shall submit:
1) A
			 completed and signed application on forms provided by the Division;
2) Certification from the jurisdiction of
			 original licensure of the issuance of an unrevoked license showing the
			 applicant possesses qualifications substantially equivalent to this State's
			 current licensing requirements and whether the records of the licensing
			 authority contain any record of disciplinary action taken or pending. If the
			 qualifications by which an individual was licensed were not substantially
			 equivalent, after passing the examination upon which the license to practice
			 was based, an applicant shall have not less than 4 years of experience in the
			 performance of accountancy activities within the 10 years immediately preceding
			 the date of application;
3)
			 Certification from the jurisdiction of current licensure stating:
A) The date of issuance of the applicant's
			 license;
B) Whether the records of
			 the licensing authority contain any record of disciplinary action taken or
			 pending; and
4) The
			 required fee set forth in Section
			 1420.40.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.60 - Restoration

Current through Register Vol. 48, No. 28, July 12, 2024
a) A person seeking
			 restoration of a license as a registered CPA that has been expired or been
			 placed on inactive status for 5 years or more shall submit:
1) A completed and signed application for
			 restoration on forms provided by the Division; and
2) The required fee set forth in Section
			 1420.40.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.70 - Continuing Professional Education

Current through Register Vol. 48, No. 28, July 12, 2024
a) Continuing Professional Education Hour
			 Requirements
1) In order to renew a license
			 as a licensed CPA, a licensed CPA shall complete 120 hours of CPE every 3-year
			 renewal period. Of the 120 hours, at least 4 hours shall be courses covering
			 the subject of professional ethics. A licensed CPA is exempt from CPE
			 requirements for the first renewal following the original issuance of the
			 license. Licensees shall maintain CPE records for not less than 6
			 years.
2) A registered CPA is
			 exempt from CPE requirements.
3)
			 Each approved CPE course, program or activity shall be measured by program
			 length, with one 50-minute period equal to one CPE credit. One-half CPE credits
			 (equal to 25 minutes) are permitted after the first credit has been earned in a
			 given learning activity. Courses that are part of the curriculum of a
			 university, college or other educational institution shall be awarded CPE
			 course credit at the rate of 15 credit hours for each semester hour, or 10
			 credit hours for each quarter hour of school credit awarded.
4) CPE credit will be allowed for programs or
			 courses taken toward the satisfaction of CPE requirements in other
			 states.
5) CPE hours earned in
			 excess of the 120-hour requirement during any 3-year renewal period shall not
			 be eligible for use as credit in a subsequent renewal cycle.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.72 - Continuing Professional Education Sponsors

Current through Register Vol. 48, No. 28, July 12, 2024
a) CPE may be earned for verified attendance
			 at or participation in any course or program given or approved by one of the
			 following:
1) AICPA;
2) Illinois CPA Society;
3) A university or college approved by its
			 governing board in the State of Illinois, or equivalent public authority
			 governing board if in another jurisdiction, to award accounting
			 degrees;
4) CPE sponsored or
			 approved by other states or other state CPA societies;
5) A person, CPA firm, association,
			 corporation or any other group that applies pursuant to subsection (b) and has
			 been licensed and authorized by the Division to coordinate and present CPE;
			 or
6) NASBA and persons, CPA firms,
			 associations, corporations or other groups that are members of NASBA's National
			 Registry of CPE Sponsors or Quality Assurance Service Program.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.75 - Peer Review

Current through Register Vol. 48, No. 28, July 12, 2024
a) Establishment
			 of Peer Review Program
1) Pursuant to Section
			 16(e) of the Act, the Division establishes a Peer Review Program to monitor a
			 CPA firm's and sole practitioner's compliance with applicable accounting,
			 auditing and other attestation standards adopted by generally recognized
			 standard-setting bodies. The program may include education, remediation,
			 disciplinary sanctions or other corrective action in which performance does not
			 comply with professional or regulatory standards.
2) The Division shall not require any CPA
			 firm or sole practitioner to become a member of any Peer Review
			 Administrator.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.80 - Renewals

Current through Register Vol. 48, No. 28, July 12, 2024
a) Individuals
Every license issued to an individual under the Act shall
				expire on September 30 every 3 years. The holder of a license may renew the
				license during the 2 months preceding the expiration date by submitting the fee
				required by Section
				1420.40 and meeting the CPE
				requirements set forth in Section
				1420.70.
b) CPA Firms
Every license for a CPA firm shall expire on November 30 every
				3 years. CPA firms may renew their license during the 2 months preceding the
				expiration date by submitting the fee required by Section 1420.40, notification
				of any change in members residing in Illinois, and verification that the CPA
				firm continues to meet the qualifications set forth in Section 14 of the
				Act.
c) CPE Sponsors
Every license for a CPE sponsor shall expire on December 31
				every year. CPE sponsors may renew their license during the 2 months preceding
				the expiration date by submitting the fee required by Section
				1420.40 and verification
				that the CPE sponsor continues to meet the qualifications set forth in Section
				1420.72.
d) It is the responsibility of
			 each licensee to notify the Division of any change of address or email address
			 of record. Failure to receive a renewal form from the Division shall not
			 constitute an excuse for failure to renew.
e) Practicing or offering to practice on a
			 license that has expired shall be considered unlicensed activity and shall be
			 grounds for discipline pursuant to Section 9 of the Act, except as set forth in
			 Section 17.2 of the Act.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.85 - Inactive Status

Current through Register Vol. 48, No. 28, July 12, 2024
a) A licensed or
			 registered CPA who notifies the Division, on forms provided by the Department,
			 may place the license or registration on inactive status and shall be excused
			 from paying renewal fees until he or she notifies the Department in writing of
			 the intention to resume active practice under the restoration provisions in
			 Section
			 1420.60.
b) Any person violating Section 17.2(d), (e)
			 or (f) of the Act shall be considered to be practicing without a license or
			 registration and shall be subject to the disciplinary provisions of the
			 Act.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.110 - Granting Variances

Current through Register Vol. 48, No. 28, July 12, 2024
The Director may grant variances from this Part in individual
				cases when he/she finds that:
a) The
			 provision from which the variance is granted is not statutorily
			 mandated;
b) No party will be
			 materially injured by the granting of the variance; and
c) The rule from which the variance is
			 granted would, if applied in the particular case, be unreasonable or
			 unnecessarily burdensome.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1420 - ILLINOIS PUBLIC ACCOUNTING ACT › Section 1420.200 - Unprofessional Conduct

Current through Register Vol. 48, No. 28, July 12, 2024
a) Pursuant to
			 Section 20.01(a)(12) of the Act, unprofessional conduct in the practice of
			 accountancy activities shall include, but not be limited to:
1) Knowingly misrepresenting facts and, when
			 engaged in accountancy activities, including the rendering of tax and
			 management advisory services;
2)
			 Undertaking any engagement that a licensee cannot reasonably expect to complete
			 with professional competence;
3)
			 Permitting his, her or its name to be used in conjunction with any forecast of
			 future transactions in a manner that may lead to the belief that the licensee
			 vouches for the achievability of the forecast;
4) Committing an act that violates public
			 policy or is discreditable to the public accounting profession;
5) Failure to disclose a referral fee to a
			 client for recommending or referring any service of a CPA to any entity or who
			 pays a referral fee to obtain a client;
6) Engaging in any business or occupation
			 that impairs the objectivity of a licensee's judgment in connection with the
			 rendering of professional services;
7) Practicing accountancy activities in a
			 form of organization not permitted by Illinois law or regulation;
8) Practicing under a CPA firm name that is
			 misleading. For the purposes of Section
			 1400.200,
			 an owner surviving the death or withdrawal of all other owners may continue to
			 practice under a name that includes the name of past owners for up to two years
			 after becoming a sole practitioner;
9) Discriminating against clients on the
			 basis of race, gender, religion, age, national origin, political affiliation,
			 social or economic status, choice of lifestyle, or sexual orientation;
			 and
10) Directly or indirectly
			 giving to or receiving from any person any fee, commission, rebate or other
			 form of compensation for any professional services not actually
			 rendered.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.100 - Necessity of License; Exemptions

Current through Register Vol. 48, No. 28, July 12, 2024
Any person, corporation, limited liability company,
				  partnership, or other entity shall not be required to be licensed under the Act
				  under the following circumstances:
a)
				A not-for-profit organization conducting an auction solely for charitable
				purposes in which the individual receives no compensation;
b) A person or other entity who is the
				rightful owner of property, real or personal, sold or leased at auction, except
				for persons or entities who as a normal course of business sell or lease
				property at auction;
c) A person or
				entity, while conducting an auction for the sale or lease of real property, who
				holds a valid broker or salesperson license under the Real Estate License Act
				of 2000 [225 ILCS 454 ];
d) A
				business registered as a livestock market agency under the federal Packers and
				Stockyards Act (
				7 USC
				181 et seq.) or under the Livestock Auction
				Market Law that employs licensed livestock auctioneers;
e) A vehicle dealer licensed by the Secretary
				of State of Illinois; any employee of that licensee who is a resident of the
				State of Illinois, while the employee is acting in the regular scope of his or
				her employment for the licensee; or sales by or through the licensee;
f) A person under the age of 18 who, while
				under the direct supervision of a licensed auctioneer, sells items under $250
				in value.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.110 - Examination

Current through Register Vol. 48, No. 28, July 12, 2024
a) Every person who
				makes application for a license as an auctioneer shall take and pass a written
				examination authorized by the Division.
b) Each applicant for an auctioneer license
				shall file an application for examination with the Division or its designated
				testing service. The application for examination shall include:
1) Certification that the applicant is 18
				years of age; and
2) Certification
				of graduation from high school or equivalent (e.g., GED).
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.120 - Application for Auctioneer License and Auction Firm

Current through Register Vol. 48, No. 28, July 12, 2024
a) Each applicant for an auctioneer license
				shall submit, on forms provided by the Division:
1) The applicant's name, address and
				telephone number;
2) The
				applicant's Social Security Number and date of birth;
the Division shall make available the applicant's Social
				  Security Number only to the Illinois Department of Revenue to determine a tax
				  delinquency, the Illinois Department of Healthcare and Family Services to
				  determine a delinquency in court ordered child support payments, and the
				  Illinois Student Assistance Commission (ISAC) to determine a delinquency for a
				  student loan authorized by ISAC, or by subpoena;
3) Certification that the applicant is 18
				years of age;
4) Certification of
				graduation from high school or equivalent (e.g., GED);
5) The fee as provided by Section
				1440.170 of this
				Part;
6) A properly completed
				sponsor card issued in accordance with Section 10-35 of the Act and Section
				1440.140
				of this Part;
7) Proof of
				successful completion of the examination authorized by the Division, unless
				otherwise exempt from examination as provided by Section 10-45 (Nonresident
				Auctioneer Reciprocity) of the Act and Section
				1440.160
				of this Part; and
8) Any other
				information as required by the Division, including but not limited to personal
				history, criminal record, Illinois tax delinquency, Illinois student loan
				delinquency, court ordered child support delinquency, or other information used
				by the Division to determine an applicant's fitness for licensure.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.140 - 45 Day Permit Sponsor Card

Current through Register Vol. 48, No. 28, July 12, 2024
a) A
				properly issued 45 Day Permit Sponsor Card shall serve as a temporary permit
				allowing the sponsored individual to engage in the practice of auctioneering
				for a period of 45 days after its issuance date only under the direct
				supervision of the sponsoring auctioneer or auction firm.
b) A sponsoring auctioneer or auction firm
				shall only execute a 45 Day Permit Sponsor Card to a sponsored individual upon
				presentation of:
1) A valid auctioneer
				examination passing score report from the Division or its designated testing
				vendor that states that the sponsoring auctioneer or auction firm may issue a
				45 Day Permit Sponsor Card; or
2)
				An original terminated license, pursuant to Section 10-35 of the Act, endorsed
				by the sponsoring auctioneer or auction firm by whom the sponsored individual
				was previously sponsored or associated.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.145 - Renewals

Current through Register Vol. 48, No. 28, July 12, 2024
a) Every license
				and registration issued under the Act shall expire on December 31, 2010, and
				thereafter a license shall expire every 2 years on December 31 of each
				even-numbered year. The holder of a license or registration may renew the
				license by paying the fee required by Section
				1440.170 and meeting the
				continuing education requirements set forth in Section
				1440.310.
b) It is the responsibility of each licensee
				to notify the Division of any change of address. Failure to receive a renewal
				form from the Division shall not constitute an excuse for failure to pay the
				renewal fee and to renew one's license.
c) Practicing or operating on a license or
				registration that has expired or been placed on inactive status shall be
				considered unlicensed activity and shall be grounds for discipline pursuant to
				Section 20-15 of the Act.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.150 - Restoration of Lapsed or Expired License

Current through Register Vol. 48, No. 28, July 12, 2024
a) A licensee whose license has lapsed or
				expired shall have 2 years from the date the license expired to restore his or
				her license without examination. The licensee whose license has expired shall
				make application on forms provided by the Division, which shall include the
				following:
1) The applicant's name, address
				and telephone number;
2) The
				applicant's Social Security Number and date of birth;
3) The applicant's license number;
4) The fees as provided by Section
				1440.170 of this
				Part;
5) A properly completed 45
				day permit sponsor card issued in accordance with Section 10-35 of the Act and
				Section
				1440.140
				of this Part;
6) Proof of
				successful completion of 12 hours of approved continuing education;
				and
7) Any other information as
				required by the Division, including but not limited to personal history,
				criminal record, Illinois tax delinquency, Illinois student loan delinquency,
				court ordered child support delinquency, or other information used by the
				Division to determine an applicant's fitness for licensure.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.160 - Nonresident Auctioneer Reciprocity

Current through Register Vol. 48, No. 28, July 12, 2024
a) A person holding a current license in good
				standing to conduct auctions, provide an auction service or engage in
				auctioneering in a jurisdiction in which the Division has a reciprocal
				agreement shall make application to the Division on forms provided by the
				Division that shall include the following:
1)
				The applicant's name, address and telephone number;
2) The applicant's Social Security Number and
				date of birth;
3) Certification
				that the applicant is 18 years of age;
4) Certification of graduation from high
				school or equivalent (e.g., GED);
5) The fee as provided by Section 10-50 of
				the Act and Section
				1440.170 of this
				Part;
6) A properly completed
				sponsor card issued in accordance with Section 10-35 of the Act and Section
				1440.140
				of this Part;
7) A certification in
				writing that the nonresident applicant shall abide by all the provisions of the
				Act and this Part with respect to his or her auction activities within the
				State of Illinois and submit to the jurisdiction of the Division as provided in
				the Act and this Part; and
8) Any
				other information as required by the Division, including but not limited to
				personal history, criminal record, Illinois tax delinquency, Illinois student
				loan delinquency, court ordered child support delinquency, or other information
				used by the Division to determine an applicant's fitness for
				licensure.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.170 - Fees

Current through Register Vol. 48, No. 28, July 12, 2024
a) The license
				application fee for an auctioneer for:
1) an
				initial license application shall be $200;
2) a renewal application shall be $225 per
				year;
3) a renewal application,
				with fee, that was postmarked after the expiration date of the license, shall
				be the renewal fee plus a $50 penalty;
4) a restoration application shall be all
				lapsed renewal application fees, not to exceed $675, plus a $50 penalty and $25
				for a 45 Day Permit Sponsor Card;
5) a 45 Day Permit Sponsor Card application
				shall be $25.
Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1440 - AUCTION LICENSE ACT › Subpart B - AUCTION LICENSE › Section 1440.180 - Earnings from the Investment of Moneys in the General Professions Dedicated Fund

Current through Register Vol. 48, No. 28, July 12, 2024
Pursuant to Section 30-13 of the Act, all earnings received
				  from the investment of moneys deposited into the General Professions Dedicated
				  Fund shall be deposited into the General Professions Dedicated Fund and shall
				  be used for the same purposes as other moneys deposited into the General
				  Professions Dedicated Fund.