IL HB5402 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-02-20 - Added Co-Sponsor Rep. Lance Yednock
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Finance Act. Provides that transfers among line item appropriations to a State agency from the same State treasury fund shall not exceed 1% of the aggregate amount appropriated to that State agency for the same category of appropriation. Provides that moneys appropriated to a State agency as a result of grants, reimbursements, or matching funds received from an outside party may not be transferred to a different line item appropriation or to a different State agency.

Tracking Information

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Title

FINANCE-LINE ITEM TRANSFERS

Sponsors


History

DateChamberAction
2024-02-20HouseAdded Co-Sponsor Rep. Lance Yednock
2024-02-09HouseReferred to Rules Committee
2024-02-09HouseFirst Reading
2024-02-09HouseFiled with the Clerk by Rep. Curtis J. Tarver, II

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3010513.2Amended CodeCitation Text

Illinois State Sources


Bill Comments

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