IL HB1410 | 2025-2026 | 104th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-28 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Taxpayers' Fiscal Charter Act. Provides for a discretionary spending freeze for fiscal years 2026 and 2027. Sets forth requirements to increase discretionary spending beginning in fiscal year 2028. Requires any new spending proposed by the General Assembly in addition to existing obligations to be accompanied by a proposed source of revenue to pay for the proposed spending or specified cuts necessary to offset the proposed spending. Prohibits unfunded mandates. Requires the publishing of certain information before voting on or enacting an appropriations bill. Effective immediately.

Tracking Information

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Title

TAXPAYER FISCAL CHARTER ACT

Sponsors


History

DateChamberAction
2025-01-28HouseReferred to Rules Committee
2025-01-28HouseFirst Reading
2025-01-16HouseFiled with the Clerk by Rep. Christopher "C.D." Davidsmeyer

Illinois State Sources


Bill Comments

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