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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB5245 Introduced 1/31/2022, by Rep. Keith R. Wheeler SYNOPSIS AS INTRODUCED: |
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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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| | HB5245 | | LRB102 22794 HLH 31943 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,
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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 | | Revenue Estimate Act. |
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.
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