State of Illinois
90th General Assembly
Legislation

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90_SJ0021

                                              SRS90SJ0002NCsa
 1                       SENATE JOINT RESOLUTION
 2        WHEREAS, the Illinois General Assembly is faced each year
 3    with the difficult task of balancing  the  demand  for  State
 4    services with available tax revenues; and
 5        WHEREAS,   this  task  is  invariably  subjected  to  the
 6    different  personalities  and  political  agendas   of   each
 7    individual legislative session; and
 8        WHEREAS,  the  approach  to  taxes  in  Illinois has been
 9    piecemeal with increases in some fees or tax rates offset  by
10    exemptions in others; and
11        WHEREAS,   the   State  tax  system  should  establish  a
12    favorable tax climate for homeowners  and  businesses  alike;
13    and
14        WHEREAS, the General Assembly did hold Statewide hearings
15    in 1993 pursuant to Senate Resolution 232, which called for a
16    comprehensive study of the State's tax system; and
17        WHEREAS,  the General Assembly took a landmark step after
18    a long deliberative process with the enactment of Public  Act
19    88-660,  which  created an automatic five-year sunset for all
20    tax credits, exemptions, and  deductions  enacted  after  the
21    effective date of the Act; and
22        WHEREAS,  it  is  also  necessary  to  look  at those tax
23    credits, exemptions, and  deductions  already  in  place  and
24    examine  whether  they indeed serve their originally intended
25    purposes; and
26        WHEREAS, it is impossible to resolve the  critical  issue
27    of  school  funding  without first putting the State's fiscal
28    house in order; and
29        WHEREAS, there is no place for partisanship when it comes
30    to the responsible stewardship of the resources placed in our
                            -2-               SRS90SJ0002NCsa
 1    trust by the citizens of the State of Illinois; therefore  be
 2    it
 3        RESOLVED, BY THE SENATE OF THE NINETIETH GENERAL ASSEMBLY
 4    OF  THE  STATE  OF  ILLINOIS,  THE  HOUSE  OF REPRESENTATIVES
 5    CONCURRING  HEREIN,  that  there  is  created  the  Corporate
 6    Subsidy Reform Commission consisting  of  5  members  of  the
 7    Senate,  3 to be appointed by the President of the Senate and
 8    2 to be appointed by the Minority Leader of the Senate, and 5
 9    members of the House of Representatives, 3 to be appointed by
10    the Speaker of the  House  and  2  to  be  appointed  by  the
11    Minority Leader of the House; and be it further
12        RESOLVED,  that  the  President  of  the  Senate  and the
13    Speaker of the  House  shall  each  designate  one  of  their
14    appointed   members   to   serve  as  co-chairperson  of  the
15    Commission; and be it further
16        RESOLVED, That the Commission shall have the authority to
17    hold hearings and take oral and written testimony; and be  it
18    further
19        RESOLVED,  that  the  Commission  shall  review  all  tax
20    expenditures  by the State and submit a written report to the
21    General Assembly specifying the tax expenditures that  should
22    be  repealed, modified, or continued by February 1, 1998; and
23    that upon filing its report the Commission is dissolved.

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