IL SB2088 | 2009-2010 | 96th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-04-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-04-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
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 |
|---|---|---|
| 2009-04-03 | Rule 3-9(a) / Re-referred to Assignments | |
| 2009-03-13 | Rule 2-10 Committee Deadline Established As April 3, 2009 | |
| 2009-03-12 | To Executive Subcommittee on Ethics | |
| 2009-03-04 | Assigned to Executive | |
| 2009-02-20 | Referred to Assignments | |
| 2009-02-20 | First Reading | |
| 2009-02-20 | Filed with Secretary by Sen. Chris Lauzen |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2088&GAID=10&DocTypeID=SB&SessionID=76&GA=96 |
| Text | https://www.ilga.gov/legislation/96/SB/09600SB2088.htm |
