Illinois General Assembly - Bill Status for SB2088
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 Bill Status of SB2088  102nd General Assembly


Senate Sponsors
Sen. Chris Lauzen

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.719 new

Synopsis As Introduced
Creates the Taxpayer Bill of Rights Spending Limitation Act. Establishes fiscal year spending limits based on inflation and population changes. Creates an Emergency Reserve Cash Fund, requires transfers to the Fund based on revenues limits, and requires expenditures only for emergencies and from appropriations adopted by a two-thirds vote of the House and Senate. Allows transfer of excess amounts in the Fund. Amends the State Finance Act to create the Fund. Effective immediately.

DateChamber Action
  2/20/2009SenateFiled with Secretary by Sen. Chris Lauzen
  2/20/2009SenateFirst Reading
  2/20/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Executive
  3/12/2009SenateTo Executive Subcommittee on Ethics
  3/13/2009SenateRule 2-10 Committee Deadline Established As April 3, 2009
  4/3/2009SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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