IL HJRCA0059 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on November 29 2010 - 25% progression, died in committee
Action: 2010-11-30 - Added Co-Sponsor Rep. Monique D. Davis
Pending: House State Government Administration Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Proposes to amend the Finance Article of the Illinois Constitution. Beginning in Fiscal Year 2014, limits aggregate appropriations and transfers from the State's general funds in a fiscal year to the aggregate appropriations and transfers in the previous fiscal year, as adjusted by the 5-year average annual change in per capita personal income. Allows the Governor to declare a fiscal emergency. If the Comptroller and Treasurer concur in the Governor's declaration, then the General Assembly, by a three-fifths vote, may authorize appropriations and transfers by law that exceed the limitation. Requires excess revenues to be deposited into budget stabilization funds, and allows certain excess funds to be refunded. Effective upon being declared adopted.

Tracking Information

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Title

CONAMEND-LIMIT APPROP/TRANSFER

Sponsors


History

DateChamberAction
2010-11-30 Added Co-Sponsor Rep. Monique D. Davis
2010-11-30 Added Chief Co-Sponsor Rep. Jack D. Franks
2010-11-30 Assigned to State Government Administration Committee
2010-11-29 Referred to Rules Committee
2010-11-29 Read in Full a First Time
2010-11-29 Filed with the Clerk by Rep. Keith Farnham

Illinois State Sources


Bill Comments

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