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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4032 Introduced 4/7/2025, by Rep. Norine K. Hammond - Amy Elik, Tony M. McCombie, Dan Ugaste, Brad Stephens, et al. SYNOPSIS AS INTRODUCED:
| | | Creates the Revenue Estimate Act. Provides that the General Assembly shall not enact any bill to appropriate funds within any fiscal year prior to its adoption of a joint resolution reflecting the estimate of funds available for that fiscal year as required under the Commission on Government Forecasting and Accountability Act. Effective immediately. |
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| | A BILL FOR |
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| | HB4032 | | LRB104 12908 HLH 24433 b |
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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, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 1. Short title. This Act may be cited as the |
| 5 | | Revenue Estimate Act.
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| 6 | | Section 5. Passage of appropriation bills prohibited |
| 7 | | before adoption of joint resolution. The General Assembly |
| 8 | | shall not enact any bill to appropriate funds within any |
| 9 | | fiscal year prior to its adoption of a joint resolution |
| 10 | | reflecting the estimate of funds available for that fiscal |
| 11 | | year as required under Section 4 of the Commission on |
| 12 | | Government Forecasting and Accountability Act.
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| 13 | | Section 99. Effective date. This Act takes effect upon |
| 14 | | becoming law. |