Bill Text: IL HJR0051 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Urges that the General Assembly adopt an FY 2018 revenue estimate that is inclusive of the figures provided by the Commission on Government Forecasting and Accountability and the Governor's Office of Management and Budget and outlines the funds that will be available during the fiscal year beginning July 1, 2017, for the purposes of meeting the constitutional obligation set forth in subsection (b) of Section 2 of Article VIII of the Illinois Constitution.
Spectrum: Partisan Bill (Republican 46-0)
Status: (Failed) 2019-01-08 - Session Sine Die [HJR0051 Detail]
Download: Illinois-2017-HJR0051-Introduced.html
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1 | HOUSE JOINT RESOLUTION
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2 | WHEREAS, Subsection (b) of Section 2 of Article VIII | ||||||
3 | (Finance) of the Constitution of Illinois
states the following | ||||||
4 | requirement: "Appropriations for a fiscal year shall not exceed | ||||||
5 | funds
estimated by the General Assembly to be available during | ||||||
6 | that year."; and
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7 | WHEREAS, Pursuant to this constitutional mandate, it is the | ||||||
8 | duty of the Illinois legislature to
adopt a revenue estimate | ||||||
9 | for each and every fiscal year in order to have a basis from | ||||||
10 | which to
design a budget that is balanced; and
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11 | WHEREAS, Subsection (a) of Section 4 of the Commission on | ||||||
12 | Government Forecasting and
Accountability Act directs the | ||||||
13 | Commission to publish, on the third
Wednesday in March of each | ||||||
14 | year, revised revenue estimates for the approaching fiscal | ||||||
15 | year; and
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16 | WHEREAS, For FY 2018, the Commission on Government | ||||||
17 | Forecasting and Accountability estimates that Illinois will | ||||||
18 | generate $33.991 billion, including
federal and State Sources; | ||||||
19 | with regard to the Subtotal of General Funds generated for FY | ||||||
20 | 2018,
the Commission estimates that the State will have $31.147 | ||||||
21 | billion in total general revenues once allocations
are made to | ||||||
22 | the Refund Fund, Fund for Advancement of Education, and the |
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1 | Commitment to
Human Services Fund; and
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2 | WHEREAS, The Governor's Office of Management and Budget | ||||||
3 | reports in their
revenue estimate that for FY 2018: Illinois | ||||||
4 | will generate a total of $34.401 billion when
including total | ||||||
5 | federal and State sources; with regard to the Subtotal of | ||||||
6 | General Funds generated
for FY 2018, the Office estimates that | ||||||
7 | the State will have $31.476 billion in total general revenues
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8 | once allocations are made to the Refund Fund, Fund for | ||||||
9 | Advancement of Education, and the
Commitment to Human Services | ||||||
10 | Fund; the Office has included two key assumptions in the budget
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11 | book, including $300 Million to be received from the sale of | ||||||
12 | the Thompson Center and $942 in
Fund for Advancement of | ||||||
13 | Education and Commitment to Human Services Fund | ||||||
14 | re-classification
under general funds definitions; and
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15 | WHEREAS, The legislature has a proper basis from which to | ||||||
16 | adopt a revenue estimate for FY
2018, with the figures provided | ||||||
17 | by the Commission on Government Forecasting and Accountability | ||||||
18 | and the Governor's Office of Management and Budget; and
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19 | WHEREAS, The legislature needs to adopt a revenue estimate | ||||||
20 | that combines that the figures
provided by the Commission on | ||||||
21 | Government Forecasting and Accountability and the Governor's | ||||||
22 | Office of Management and Budget; therefore, be it
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1 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | ||||||
2 | HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE SENATE | ||||||
3 | CONCURRING HEREIN, that General Assembly will adopt an FY 2018 | ||||||
4 | revenue estimate that is inclusive of the
figures provided by | ||||||
5 | the Commission on Government Forecasting and Accountability | ||||||
6 | and the Governor's Office of Management and Budget and outlines | ||||||
7 | the funds that will be available during the
fiscal year | ||||||
8 | beginning July 1, 2017, for the purposes of meeting the | ||||||
9 | constitutional obligation set
forth in subsection (b) of | ||||||
10 | Section 2 of Article VIII of the Illinois Constitution; and be | ||||||
11 | it further
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12 | RESOLVED, That suitable copies of this resolution be | ||||||
13 | delivered to the Speaker of the Illinois
House of | ||||||
14 | Representatives, the President of the Illinois Senate, the | ||||||
15 | House Minority Leader, and
the Senate Minority Leader.
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