IL HR0554 | 2015-2016 | 99th General Assembly

Status

Spectrum: Partisan Bill (Democrat 23-0)
Status: Introduced on May 29 2015 - 25% progression, died in committee
Action: 2015-05-30 - Added Co-Sponsor Rep. Stephanie A. Kifowit
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Urges the General Assembly to apply any revenues which exceed expenditures to the payment of any old bills that are more than 45 days past the due date, including General Revenue Fund and non-General Revenue Fund expenditures, at the close of each fiscal year and to direct such revenues to the Budget Stabilization Fund if there are no pending bills over 45 days past the due date. Urges the General Assembly to provide for the use and maintenance of the Budget Stabilization Fund by appropriating any excess amounts "off the top" of estimated available revenues to the Budget Stabilization Fund should the growth in the annual revenue estimate exceed 3% from the previous year's estimated revenues and applying any revenues which exceed expenditures to the Budget Stabilization Fund should no unpaid bills remain due over 45 days at the close of each fiscal year.

Tracking Information

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Title

EXCESS REVENUE EXPENDITURES

Sponsors


History

DateChamberAction
2015-05-30HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit
2015-05-30HouseAdded Co-Sponsor Rep. Silvana Tabares
2015-05-30HouseAdded Co-Sponsor Rep. Thaddeus Jones
2015-05-30HouseAdded Co-Sponsor Rep. Martin J. Moylan
2015-05-30HouseAdded Co-Sponsor Rep. Kathleen Willis
2015-05-30HouseAdded Co-Sponsor Rep. Deb Conroy
2015-05-30HouseReferred to Rules Committee
2015-05-29HouseAdded Co-Sponsor Rep. Michelle Mussman
2015-05-29HouseAdded Co-Sponsor Rep. André Thapedi
2015-05-29HouseAdded Co-Sponsor Rep. Anna Moeller
2015-05-29HouseAdded Co-Sponsor Rep. Anthony DeLuca
2015-05-29HouseAdded Co-Sponsor Rep. Laura Fine
2015-05-29HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
2015-05-29HouseAdded Co-Sponsor Rep. Carol Sente
2015-05-29HouseAdded Co-Sponsor Rep. Lawrence Walsh, Jr.
2015-05-29HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
2015-05-29HouseAdded Co-Sponsor Rep. John C. D'Amico
2015-05-29HouseAdded Co-Sponsor Rep. Robert Martwick
2015-05-29HouseAdded Co-Sponsor Rep. Frances Ann Hurley
2015-05-29HouseAdded Chief Co-Sponsor Rep. Natalie A. Manley
2015-05-29HouseAdded Chief Co-Sponsor Rep. Jerry Costello, II
2015-05-29HouseAdded Chief Co-Sponsor Rep. Emanuel Chris Welch
2015-05-29HouseAdded Chief Co-Sponsor Rep. Ann M. Williams
2015-05-29HouseFiled with the Clerk by Rep. Kelly M. Burke

Illinois State Sources


Bill Comments

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