IL HB3436 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 8)
Status: Introduced on February 7 2025 - 25% progression, died in committee
Action: 2026-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Budget Law of the Civil Administrative Code of Illinois and the Balanced Budget Note Act. Provides that the Pension Stabilization Fund is considered a general fund or a State general fund for the purposes of those Acts. Amends the State Finance Act. Provides that certain amounts transferred from the Budget Stabilization Fund to the General Revenue Fund are not required to be repaid into the Budget Stabilization Fund if the amount of accounts payable exceeds $4,000,000,000. Makes changes concerning monthly reports from State agencies to the Comptroller. Amends the Budget Stabilization Act. Provides that, beginning in Fiscal Year 2027, the General Assembly's appropriations and transfers or diversions as required by law from general funds shall not exceed 99% of the estimated general funds revenues for the fiscal year if (i) revenue estimates of the State's general funds revenues for the fiscal year exceed the prior fiscal year's estimated general funds revenues by more than 4% and (ii) projected accounts payable are estimated by the Comptroller to be less than $3,000,000,000 for the fiscal year. Makes other changes concerning transfers from the Budget Stabilization Fund. Effective immediately.

Tracking Information

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Title

FINANCE-GENERAL FUNDS

Sponsors


History

DateChamberAction
2026-03-27HouseRule 19(a) / Re-referred to Rules Committee
2026-03-19HouseTo Tax Policy: Finance Subcommittee
2026-03-04HouseAssigned to Revenue & Finance Committee
2025-03-21HouseRule 19(a) / Re-referred to Rules Committee
2025-03-13HouseAdded Co-Sponsor Rep. Norma Hernandez
2025-03-13HouseAdded Co-Sponsor Rep. Edgar González, Jr.
2025-03-13HouseAdded Co-Sponsor Rep. Dagmara Avelar
2025-03-13HouseAdded Co-Sponsor Rep. Daniel Didech
2025-03-13HouseAdded Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
2025-03-13HouseAdded Co-Sponsor Rep. Rita Mayfield
2025-03-13HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
2025-03-13HouseTo Tax Policy: Finance Subcommittee
2025-03-11HouseAssigned to Revenue & Finance Committee
2025-02-18HouseReferred to Rules Committee
2025-02-18HouseFirst Reading
2025-02-07HouseFiled with the Clerk by Rep. Natalie A. Manley

Code Citations

ChapterArticleSectionCitation TypeStatute Text
152050-40Amended CodeCitation Text
25805Amended CodeCitation Text
301056z-51Amended CodeCitation Text
301059.08Amended CodeCitation Text
3012210Amended CodeCitation Text
3012215Amended CodeCitation Text
3012220Amended CodeCitation Text

Illinois State Sources


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