IL SB3512 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 10 2010 - 25% progression, died in committee
Action: 2010-03-19 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Budget Law. Requires the Governor's budget to include projections of revenues and expenditures for the 5 following fiscal years. Sets forth requirements for the projections. Requires the budget for the next fiscal year to set forth new or expanded expenditures of $1,000,000 or more. Requires the Governor's Office of Management and Budget to review previous projections and compare them to actual receipts and expenditures. Requires the Governor to submit 5-year projections for expenditures not included in the Governor's initial budget before the General Assembly approves appropriation bills. Contains other provisions. Amends the Fiscal Note Act to require a 5-year projection of expenditures if the note indicates an increase of expenditures of $1,000,000 or more. Effective immediately.

Tracking Information

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Title

BUDGET-LONG-TERM PLANNING

Sponsors


History

DateChamberAction
2010-03-19 Rule 3-9(a) / Re-referred to Assignments
2010-03-17 Added as Co-Sponsor Sen. Kyle McCarter
2010-03-10 Postponed - Executive
2010-03-08 To Executive Subcommittee on State And Local Government
2010-03-05 Rule 2-10 Committee Deadline Established As March 19, 2010
2010-02-24 Assigned to Executive
2010-02-10 Referred to Assignments
2010-02-10 First Reading
2010-02-10 Filed with Secretary by Sen. John J. Millner

Illinois State Sources


Bill Comments

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