IL SB1229 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Taxpayer Bill of Rights Spending Limitation Act. Establishes fiscal year spending limits based on inflation and population changes. Creates an Emergency Reserve Cash Fund, requires transfers to the Fund based on revenues limits, and requires expenditures only for emergencies and from appropriations adopted by a two-thirds vote of the House and Senate. Allows transfer of excess amounts in the Fund. Amends the State Finance Act to create the Fund. Effective immediately.
Title
SPENDING LIMITATION ACT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | Senate | Session Sine Die |
| 2011-03-18 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2011-03-17 | Senate | Postponed - Executive |
| 2011-03-03 | Senate | To Executive Subcommittee on State Government Operations; /3-14-2011 - Postponed |
| 2011-02-23 | Senate | Assigned to Executive |
| 2011-02-08 | Senate | Referred to Assignments |
| 2011-02-08 | Senate | First Reading |
| 2011-02-08 | Senate | Filed with Secretary by Sen. Chris Lauzen |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1229&GAID=11&DocTypeID=SB&SessionID=84&GA=97 |
| Text | https://www.ilga.gov/legislation/97/SB/09700SB1229.htm |
