Illinois General Assembly - Full Text of HB1556
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Full Text of HB1556  98th General Assembly

HB1556 98TH GENERAL ASSEMBLY

  
  

 


 
98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB1556

 

Introduced , by Rep. Ron Sandack - Tom Cross

 

SYNOPSIS AS INTRODUCED:
 
25 ILCS 65/3  from Ch. 63, par. 42.73
25 ILCS 65/7  from Ch. 63, par. 42.77

    Amends the State Debt Impact Note Act. Provides that no bill or amendment which proposes to increase or add new long term debt authorization or would require, through appropriation, the use of bond financed funds may be called on third reading for final action unless a State Debt Impact Note has been filed. Deletes provisions allowing a majority of the members of a chamber of the General Assembly to vote to determine whether a State Debt Impact Note must be filed. Effective immediately.


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A BILL FOR

 

HB1556LRB098 07900 JWD 37986 b

1    AN ACT concerning State government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The State Debt Impact Note Act is amended by
5changing Sections 3 and 7 as follows:
 
6    (25 ILCS 65/3)  (from Ch. 63, par. 42.73)
7    Sec. 3. The Commission on Government Forecasting and
8Accountability shall prepare a written State Debt Impact Note
9in relation to each any bill introduced in either house of the
10General Assembly which proposes to increase or add new long
11term debt authorization or would require, through
12appropriation, the use of bond financed funds. Upon the
13assignment of any such bill to Committee, the chairperson of
14the Committee on Assignments in the House of Representatives or
15the chairperson of the Committee on Assignment of Bills in the
16Senate shall forward the bill to the Commission on Government
17Forecasting and Accountability which shall prepare such a note
18within 7 calendar days after receiving the request and the bill
19shall be held on second reading until the note has been
20received, except that whenever, because of the complexity of
21the measure, additional time is required for preparation of the
22note, the Commission may so inform the sponsor of the bill, who
23may approve an extension of the time within which the note is

 

 

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1to be furnished for an additional 7 calendar days. Copies of
2each State Debt Impact Note shall be furnished by the
3Commission to the presiding officer of each house, the minority
4leader of each house, the Clerk of the House of
5Representatives, the Secretary of the Senate, the sponsor of
6the bill which is the subject of the note, the member, if any,
7who initiated the request for the note, the Chairperson and
8Minority Spokespersons of the House and Senate Appropriations
9and Revenue Committees.
10    In no case shall a bill which proposes to increase or add
11new long term debt authorization or would require, through
12appropriation, the use of bond financed funds be called on
13third reading for final action unless the State Debt Impact
14Note required under this Section has been furnished by the
15Commission to the persons and offices set forth above.
16(Source: P.A. 93-1067, eff. 1-15-05.)
 
17    (25 ILCS 65/7)  (from Ch. 63, par. 42.77)
18    Sec. 7. Whenever any committee of either house reports any
19bill which is required by this Act to have a State Debt Impact
20Note long-term debt note with an amendment or whenever any bill
21is amended on the floor of either house in such manner as to
22substantially affect the impact of the bill on the State's debt
23service capacity, the Commission on Government Forecasting and
24Accountability shall upon request by any member of the house by
25which the bill is being considered prepare a new or revised

 

 

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1State Debt Impact Note in relation to the amended bill. Copies
2of each new or revised State Debt Impact Note shall be
3furnished to the persons named in Section 2.
4    In no case shall a bill which has been amended in a manner
5which proposes to increase or add new long term debt
6authorization or would require, through appropriation, the use
7of bond financed funds be called on third reading for final
8action unless the State Debt Impact Note required under this
9Section has been furnished by the Commission to the persons and
10offices set forth in Section 2.
11    Whenever any member of either House is of the opinion that
12a State Debt Impact Note should be prepared on any bill and
13such note has not been requested, the member may at any time
14before the bill is moved to third reading request that such a
15note be obtained, in which case the bill shall be submitted to
16the Commission on Government Forecasting and Accountability
17for preparation of the note. If the sponsor is of the opinion
18that a long-term debt note is not required, the matter shall be
19decided by majority vote of those present and voting in the
20House of which he is a member.
21(Source: P.A. 93-1067, eff. 1-15-05.)
 
22    Section 99. Effective date. This Act takes effect upon
23becoming law.