Bill Text: IL HJRCA0037 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Proposes to amend the Finance Article of the Illinois Constitution. Limits aggregate appropriations and transfers from the State's general funds in a fiscal year to the aggregate appropriations and transfers in the previous fiscal year, as adjusted by the 5-year average annual change in per capita personal income. Allows the Governor to declare a fiscal emergency and the General Assembly, by a three-fifths vote, to exceed the limitation. Requires excess revenues to be deposited into budget stabilization funds, and allows certain excess funds to be refunded. Effective upon being declared adopted.
Spectrum: Partisan Bill (Democrat 14-0)
Status: (Introduced - Dead) 2010-05-02 - Tabled Pursuant to Rule 46 [HJRCA0037 Detail]
Download: Illinois-2009-HJRCA0037-Introduced.html
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1 | HOUSE JOINT RESOLUTION
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2 | CONSTITUTIONAL AMENDMENT
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3 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | |||||||||||||||||||
4 | NINETY-SIXTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE | |||||||||||||||||||
5 | SENATE CONCURRING HEREIN, that there shall be submitted to the | |||||||||||||||||||
6 | electors of the State for adoption or rejection at the general | |||||||||||||||||||
7 | election next occurring at least 6 months after the adoption of | |||||||||||||||||||
8 | this resolution a proposition to add Section 2.1 to Article | |||||||||||||||||||
9 | VIII of the Illinois Constitution as follows:
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10 | ARTICLE VIII
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11 | FINANCE
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12 | (ILCON Art. VIII, Sec. 2.1 new) | |||||||||||||||||||
13 | SECTION 2.1. LIMITATIONS ON APPROPRIATIONS AND TRANSFERS | |||||||||||||||||||
14 | (a) For the fiscal year ending in 2012 and each fiscal year | |||||||||||||||||||
15 | thereafter, aggregate appropriations and transfers from the | |||||||||||||||||||
16 | general funds are limited as provided in this Section. "General | |||||||||||||||||||
17 | funds" include the general revenue fund and any other funds | |||||||||||||||||||
18 | designated by the General Assembly by law making specific | |||||||||||||||||||
19 | reference to this Section. "Appropriations and transfers" do | |||||||||||||||||||
20 | not include (i) reappropriations from a previous fiscal year, | |||||||||||||||||||
21 | (ii) those made for debt service payments, and (iii) those made | |||||||||||||||||||
22 | to a budget stabilization fund. | |||||||||||||||||||
23 | (b) Aggregate fiscal year appropriations and transfers |
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1 | from the general funds may not exceed the limitation amount. | ||||||
2 | The limitation amount is the aggregate amount of appropriations | ||||||
3 | and transfers from the general funds in the previous fiscal | ||||||
4 | year, including increased amounts under subsection (c), as | ||||||
5 | adjusted. The adjustment is the average annual percentage | ||||||
6 | change in the average per capita personal income for Illinois | ||||||
7 | for the five most recent calendar years for which data is | ||||||
8 | available, as defined and reported by the United States | ||||||
9 | Department of Commerce, or its successor. | ||||||
10 | (c) The Governor may declare a fiscal emergency by filing a | ||||||
11 | declaration with the Secretary of State and copies with the | ||||||
12 | Senate and House of Representatives. The declaration must be | ||||||
13 | limited to only one State fiscal year, set forth compelling | ||||||
14 | reasons for declaring a fiscal emergency, and request that the | ||||||
15 | limitation amount for that fiscal year be increased by a | ||||||
16 | specific dollar amount. The Supreme Court has original and | ||||||
17 | exclusive jurisdiction over actions to determine the validity | ||||||
18 | and sufficiency of a declaration, which shall be initiated in | ||||||
19 | the name of the People of the State by the Attorney General. By | ||||||
20 | joint resolution adopted by a record vote of three-fifths of | ||||||
21 | the members elected in each house, the General Assembly may | ||||||
22 | authorize increased appropriations and transfers in a specific | ||||||
23 | dollar amount that is no more than the increased amount | ||||||
24 | requested by the Governor in the declaration. | ||||||
25 | (d) If the general funds revenues for a fiscal year exceed | ||||||
26 | the limitation amount for that fiscal year, then those excess |
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1 | revenues must be deposited into one or more budget | ||||||
2 | stabilization funds. A budget stabilization fund must be | ||||||
3 | designated by law making specific reference to this Section or, | ||||||
4 | in the absence of law, by the Comptroller. If the aggregate | ||||||
5 | unexpended and unobligated amount in the budget stabilization | ||||||
6 | funds at the end of a fiscal year exceeds an amount equal to | ||||||
7 | ten percent of the limitation amount for that fiscal year, then | ||||||
8 | that excess shall be refunded in a manner and in amounts | ||||||
9 | determined by the General Assembly by law.
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10 | SCHEDULE
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11 | This Constitutional Amendment takes effect upon being | ||||||
12 | declared adopted in accordance with Section 7 of the Illinois | ||||||
13 | Constitutional Amendment Act.
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