Bill Text: IL SB0274 | 2013-2014 | 98th General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Technology Development Act. Makes a technical change in a Section concerning the short title of the Act.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2014-06-30 - Public Act . . . . . . . . . 98-0682 [SB0274 Detail]
Download: Illinois-2013-SB0274-Enrolled.html
Bill Title: Amends the Technology Development Act. Makes a technical change in a Section concerning the short title of the Act.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2014-06-30 - Public Act . . . . . . . . . 98-0682 [SB0274 Detail]
Download: Illinois-2013-SB0274-Enrolled.html
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1 | AN ACT concerning finance.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 1. Short title. This Act may be cited as the | ||||||
5 | Illinois Revenue Volatility Study Act.
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6 | Section 5. Illinois Revenue Volatility Study. | ||||||
7 | (a) The Commission on Government Forecasting and | ||||||
8 | Accountability shall conduct a study of the volatility of the | ||||||
9 | sources of general revenue funds collected by the State of | ||||||
10 | Illinois. | ||||||
11 | (b) The study shall include, but is not limited to: | ||||||
12 | (1) an examination of Illinois' tax base and tax | ||||||
13 | revenue volatility; | ||||||
14 | (2) the identification of economic variables that may | ||||||
15 | influence the volatility of tax revenue;
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16 | (3) an analysis of the adequacy of the balances in the | ||||||
17 | Budget Stabilization Fund in relation to the volatility of | ||||||
18 | tax revenues; and
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19 | (4) an examination of options for a deposit mechanism | ||||||
20 | linked to one or more tax sources on the basis of each tax | ||||||
21 | source's observed volatility, including:
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22 | (A) an analysis of how the options would have | ||||||
23 | performed historically within Illinois; and
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1 | (B) an analysis of how the options would likely | ||||||
2 | perform based on the most recent revenue forecast.
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3 | (c) On or before December 31, 2014, the Commission shall | ||||||
4 | report its findings to the General Assembly and the Governor.
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5 | Section 10. Repealer. This Act is repealed on December 1, | ||||||
6 | 2015.
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7 | Section 50. The State Budget Law of the Civil | ||||||
8 | Administrative Code of Illinois is amended by adding Section | ||||||
9 | 50-22 as follows:
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10 | (15 ILCS 20/50-22 new) | ||||||
11 | Sec. 50-22. Funding for salaries of General Assembly | ||||||
12 | members and judges; legislative operations. | ||||||
13 | (a) Beginning July 1, 2014, the aggregate appropriations | ||||||
14 | available for salaries for members of the General Assembly and | ||||||
15 | judges from all State funds for each State fiscal year shall be | ||||||
16 | no less than the total aggregate appropriations made available | ||||||
17 | for salaries for members of the General Assembly and judges for | ||||||
18 | the immediately preceding fiscal year. | ||||||
19 | (b) Beginning July 1, 2014, the aggregate appropriations | ||||||
20 | available for legislative operations from all State funds for | ||||||
21 | each State fiscal year shall be no less than the total | ||||||
22 | aggregate appropriations made available for legislative | ||||||
23 | operations for the immediately preceding fiscal year. For |
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1 | purposes of this subsection (b), "legislative operations" | ||||||
2 | means any expenditure for the operation of the Office of the | ||||||
3 | Auditor General, the House of Representatives, the Senate, the | ||||||
4 | Legislative Ethics Commission, the Office of the Legislative | ||||||
5 | Inspector General, the Joint Committee on Legislative Support | ||||||
6 | Services, and the legislative support services agencies. | ||||||
7 | (c) If for any reason the aggregate appropriations made | ||||||
8 | available are insufficient to meet the levels required by | ||||||
9 | subsections (a) and (b) of this Section, this Section shall | ||||||
10 | constitute a continuing appropriation of all amounts necessary | ||||||
11 | for these purposes. The General Assembly may appropriate lesser | ||||||
12 | amounts by law.
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13 | Section 55. The General Assembly Compensation Act is | ||||||
14 | amended by changing Section 1 as follows:
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15 | (25 ILCS 115/1) (from Ch. 63, par. 14) | ||||||
16 | Sec. 1. Each member of the General Assembly shall receive | ||||||
17 | an annual salary
of $28,000 or as set by the Compensation | ||||||
18 | Review Board, whichever is
greater. The
following named | ||||||
19 | officers, committee chairmen and committee minority spokesmen
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20 | shall receive additional amounts per year for
their services as | ||||||
21 | such officers, committee chairmen and committee
minority | ||||||
22 | spokesmen respectively, as set by the Compensation
Review Board | ||||||
23 | or, as follows, whichever is greater: Beginning the second
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24 | Wednesday in January 1989, the Speaker and the minority leader |
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1 | of the
House of Representatives and the
President and the | ||||||
2 | minority leader of the Senate, $16,000 each; the
majority | ||||||
3 | leader in the House of Representatives $13,500;
6 assistant
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4 | majority leaders and 5 assistant minority leaders in the | ||||||
5 | Senate,
$12,000
each; 6 assistant majority leaders and 6 | ||||||
6 | assistant minority leaders in
the House of Representatives, | ||||||
7 | $10,500 each; 2 Deputy
Majority leaders in the House of | ||||||
8 | Representatives $11,500 each; and 2 Deputy
Minority leaders in | ||||||
9 | the House of Representatives, $11,500 each; the majority
caucus | ||||||
10 | chairman and minority caucus chairman in the Senate, $12,000 | ||||||
11 | each;
and beginning the second Wednesday in January, 1989, the | ||||||
12 | majority
conference chairman and the minority conference | ||||||
13 | chairman
in the House of Representatives, $10,500 each; | ||||||
14 | beginning
the second Wednesday in January, 1989, the chairman | ||||||
15 | and minority spokesman
of each standing committee of the | ||||||
16 | Senate, except the Rules Committee, the
Committee on | ||||||
17 | Committees, and the Committee on Assignment of Bills, $6,000
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18 | each; and beginning the second Wednesday in January, 1989, the | ||||||
19 | chairman and
minority spokesman of each standing and select | ||||||
20 | committee of the House of
Representatives, $6,000 each. A | ||||||
21 | member who serves in more than one
position as an officer, | ||||||
22 | committee chairman, or committee minority spokesman
shall | ||||||
23 | receive only one additional amount based on the position paying | ||||||
24 | the
highest additional amount. The
compensation provided for in | ||||||
25 | this Section to be paid per year to members
of the General | ||||||
26 | Assembly, including the additional sums payable per year
to |
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1 | officers of the General Assembly shall be paid in 12 equal | ||||||
2 | monthly
installments. The first such installment is payable on | ||||||
3 | January 31,
1977. All subsequent equal monthly installments are | ||||||
4 | payable on the last
working day of the month. A member who has | ||||||
5 | held office any part of a
month is entitled to compensation for | ||||||
6 | an entire month. | ||||||
7 | Mileage shall be paid at the rate of 20 cents per mile | ||||||
8 | before January
9, 1985, and at the mileage allowance rate in | ||||||
9 | effect under regulations
promulgated pursuant to 5 U.S.C. | ||||||
10 | 5707(b)(2) beginning January 9, 1985, for the number
of actual | ||||||
11 | highway miles necessarily and conveniently traveled by the
most | ||||||
12 | feasible route to be present upon convening of the sessions of | ||||||
13 | the
General Assembly by such member in each and every trip | ||||||
14 | during each
session in going to and returning from the seat of | ||||||
15 | government, to be
computed by the Comptroller. A member | ||||||
16 | traveling by public
transportation for such purposes, however, | ||||||
17 | shall be paid his actual cost
of that transportation instead of | ||||||
18 | on the mileage rate if his cost of
public transportation | ||||||
19 | exceeds the amount to which he would be entitled
on a mileage | ||||||
20 | basis. No member may be paid, whether on a mileage basis
or for | ||||||
21 | actual costs of public transportation, for more than one such
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22 | trip for each week the General Assembly is actually in session. | ||||||
23 | Each
member shall also receive an allowance of $36 per day for | ||||||
24 | lodging and
meals while in attendance at sessions
of the | ||||||
25 | General Assembly before January 9, 1985; beginning January 9,
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26 | 1985, such food and lodging allowance shall be equal to the |
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1 | amount per day
permitted to be deducted for such expenses under | ||||||
2 | the Internal Revenue Code;
however, beginning May 31, 1995, no | ||||||
3 | allowance for food and lodging while in
attendance at sessions | ||||||
4 | is authorized for periods of time after the last day in
May of | ||||||
5 | each calendar year, except (i) if the General Assembly is | ||||||
6 | convened in
special session by either the Governor or the | ||||||
7 | presiding officers of both
houses, as provided by subsection | ||||||
8 | (b) of Section 5 of Article IV of the
Illinois Constitution or | ||||||
9 | (ii) if the
General Assembly is convened to consider bills | ||||||
10 | vetoed, item vetoed, reduced, or
returned with specific | ||||||
11 | recommendations for change by the Governor as provided
in | ||||||
12 | Section 9 of Article IV of the Illinois Constitution. For | ||||||
13 | fiscal year 2011 and for session days in fiscal years 2012, | ||||||
14 | 2013, and 2014 , and 2015 only (i) the allowance for lodging and | ||||||
15 | meals is $111 per day and (ii) mileage for automobile travel | ||||||
16 | shall be reimbursed at a rate of $0.39 per mile. | ||||||
17 | Notwithstanding any other provision of law to the contrary, | ||||||
18 | beginning in fiscal year 2012, travel reimbursement for
General | ||||||
19 | Assembly members on non-session days shall be
calculated using | ||||||
20 | the guidelines set forth by the Legislative
Travel Control | ||||||
21 | Board, except that fiscal year 2012, 2013, and 2014 , and 2015 | ||||||
22 | mileage reimbursement is set at a rate of $0.39 per mile. | ||||||
23 | If a member dies having received only a portion of the | ||||||
24 | amount payable
as compensation, the unpaid balance shall be | ||||||
25 | paid to the surviving
spouse of such member, or, if there be | ||||||
26 | none, to the estate of such member. |
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1 | (Source: P.A. 97-71, eff. 6-30-11; 97-718, eff. 6-29-12; 98-30, | ||||||
2 | eff. 6-24-13.)
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3 | Section 60. The Compensation Review Act is amended by | ||||||
4 | adding Section 6.2 as follows:
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5 | (25 ILCS 120/6.2 new) | ||||||
6 | Sec. 6.2. FY15 COLAs prohibited. Notwithstanding any | ||||||
7 | former or current provision of this Act, any other law, any | ||||||
8 | report of the Compensation Review Board, or any resolution of | ||||||
9 | the General Assembly to the contrary, members of the General | ||||||
10 | Assembly, State's attorneys, other than the county supplement, | ||||||
11 | elected executive branch constitutional officers of State | ||||||
12 | government, and persons in certain appointed offices of State | ||||||
13 | government, including the membership of State departments, | ||||||
14 | agencies, boards, and commissions, whose annual compensation | ||||||
15 | previously was recommended or determined by the Compensation | ||||||
16 | Review Board, are prohibited from receiving and shall not | ||||||
17 | receive any increase in compensation that would otherwise apply | ||||||
18 | based on a cost of living adjustment, as authorized by Senate | ||||||
19 | Joint Resolution 192 of the 86th General Assembly, for or | ||||||
20 | during the fiscal year beginning July 1, 2014.
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21 | Section 65. The State Finance Act is amended by adding | ||||||
22 | Section 5k as follows:
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1 | (30 ILCS 105/5k new) | ||||||
2 | Sec. 5k. Cash flow borrowing and general funds liquidity; | ||||||
3 | FY15. | ||||||
4 | (a) In order to meet cash flow deficits and to maintain | ||||||
5 | liquidity in the General Revenue Fund and the Health Insurance | ||||||
6 | Reserve Fund, on and after July 1, 2014 and through June 30, | ||||||
7 | 2015, the State Treasurer and the State Comptroller shall make | ||||||
8 | transfers to the General Revenue Fund and the Health Insurance | ||||||
9 | Reserve Fund, as directed by the Governor, out of special funds | ||||||
10 | of the State, to the extent allowed by federal law. No such | ||||||
11 | transfer may reduce the cumulative balance of all of the | ||||||
12 | special funds of the State to an amount less than the total | ||||||
13 | debt service payable during the 12 months immediately following | ||||||
14 | the date of the transfer on any bonded indebtedness of the | ||||||
15 | State and any certificates issued under the Short Term | ||||||
16 | Borrowing Act. At no time shall the outstanding total transfers | ||||||
17 | made from the special funds of the State to the General Revenue | ||||||
18 | Fund and the Health Insurance Reserve Fund under this Section | ||||||
19 | exceed $650,000,000; once the amount of $650,000,000 has been | ||||||
20 | transferred from the special funds of the State to the General | ||||||
21 | Revenue Fund and the Health Insurance Reserve Fund, additional | ||||||
22 | transfers may be made from the special funds of the State to | ||||||
23 | the General Revenue Fund and the Health Insurance Reserve Fund | ||||||
24 | under this Section only to the extent that moneys have first | ||||||
25 | been re-transferred from the General Revenue Fund and the | ||||||
26 | Health Insurance Reserve Fund to those special funds of the |
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1 | State. Notwithstanding any other provision of this Section, no | ||||||
2 | such transfer may be made from any special fund that is | ||||||
3 | exclusively collected by or appropriated to any other | ||||||
4 | constitutional officer without the written approval of that | ||||||
5 | constitutional officer. | ||||||
6 | (b) If moneys have been transferred to the General Revenue | ||||||
7 | Fund and the Health Insurance Reserve Fund pursuant to | ||||||
8 | subsection (a) of this Section, this amendatory Act of the 98th | ||||||
9 | General Assembly shall constitute the continuing authority for | ||||||
10 | and direction to the State Treasurer and State Comptroller to | ||||||
11 | reimburse the funds of origin from the General Revenue Fund by | ||||||
12 | transferring to the funds of origin, at such times and in such | ||||||
13 | amounts as directed by the Governor when necessary to support | ||||||
14 | appropriated expenditures from the funds, an amount equal to | ||||||
15 | that transferred from them plus any interest that would have | ||||||
16 | accrued thereon had the transfer not occurred, except that any | ||||||
17 | moneys transferred pursuant to subsection (a) of this Section | ||||||
18 | shall be repaid to the fund of origin within 18 months after | ||||||
19 | the date on which they were borrowed. When any of the funds | ||||||
20 | from which moneys have been transferred pursuant to subsection | ||||||
21 | (a) have insufficient cash from which the State Comptroller may | ||||||
22 | make expenditures properly supported by appropriations from | ||||||
23 | the fund, then the State Treasurer and State Comptroller shall | ||||||
24 | transfer from the General Revenue Fund to the fund only such | ||||||
25 | amount as is immediately necessary to satisfy outstanding | ||||||
26 | expenditure obligations on a timely basis. |
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1 | (c) On the first day of each quarterly period in each | ||||||
2 | fiscal year, until such time as a report indicates that all | ||||||
3 | moneys borrowed and interest pursuant to this Section have been | ||||||
4 | repaid, the Governor's Office of Management and Budget shall | ||||||
5 | provide to the President and the Minority Leader of the Senate, | ||||||
6 | the Speaker and the Minority Leader of the House of | ||||||
7 | Representatives, and the Commission on Government Forecasting | ||||||
8 | and Accountability a report on all transfers made pursuant to | ||||||
9 | this Section in the prior quarterly period. The report must be | ||||||
10 | provided in electronic format. The report must include all of | ||||||
11 | the following: | ||||||
12 | (1) The date each transfer was made. | ||||||
13 | (2) The amount of each transfer. | ||||||
14 | (3) In the case of a transfer from the General Revenue | ||||||
15 | Fund to a fund of origin pursuant to subsection (b) of this | ||||||
16 | Section, the amount of interest being paid to the fund of | ||||||
17 | origin. | ||||||
18 | (4) The end of day balance of the fund of
origin, the | ||||||
19 | General Revenue Fund and the Health Insurance Reserve Fund | ||||||
20 | on the date the transfer was made.
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21 | Section 99. Effective date. This Act takes effect upon | ||||||
22 | becoming law.
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