IL HJRCA0036 | 2013-2014 | 98th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 21 2014 - 25% progression, died in chamber
Action: 2014-05-03 - Tabled Pursuant to Rule 46
Text: Latest bill text (Introduced) [HTML]

Summary

Proposes to amend the Finance Article of the Illinois Constitution relating to balanced budgets. Provides that the State budget shall be based on estimated revenue (now funds), defines "revenue". Provides that, except for deficiency or emergency appropriations, appropriations are expendable only during the fiscal year for which they were appropriated. Provides that the General Assembly by law may establish an extended period to pay lapsed appropriations, not to exceed six months beyond the end of the fiscal year. Provides that the Comptroller must independently certify the estimated revenue for the fiscal year. Provides that no budget shall become law without the Comptroller's independent certification that the planned expenditures are less than or equal to the revenue estimates for the ensuing fiscal year.

Tracking Information

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Title

CONAMEND-BALANCED BUDGET

Sponsors


History

DateChamberAction
2014-05-03HouseTabled Pursuant to Rule 46
2014-01-22HouseReferred to Rules Committee
2014-01-22HouseRead in Full a First Time
2014-01-21HouseFiled with the Clerk by Rep. Jeanne M Ives

Illinois State Sources


Bill Comments

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