Full Text of SB1880 97th General Assembly
SB1880 97TH GENERAL ASSEMBLY |
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB1880 Introduced 2/10/2011, by Sen. John J. Millner SYNOPSIS AS INTRODUCED: |
| 15 ILCS 20/50-35 new | | 25 ILCS 50/1 | from Ch. 63, par. 42.31 |
| Amends the State Budget Law. Requires the Governor's budget to include projections of revenues and expenditures for the 5 following fiscal years. Sets forth requirements for the projections. Requires the budget for the next fiscal year to set forth new or expanded expenditures of $500,000 or more. Requires the Governor's Office of Management and Budget to review previous projections and compare them to actual receipts and expenditures. Requires the Governor to submit 5-year projections for expenditures not included in the Governor's initial budget before the General Assembly approves appropriation bills. Contains other provisions. Amends the Fiscal Note Act to require a 5-year projection of expenditures and revenues if the note indicates an increase of expenditures of $500,000 or more. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | | SB1880 | | LRB097 10160 RLJ 50348 b |
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| 1 | | AN ACT concerning State government.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The State Budget Law of the Civil Administrative | 5 | | Code of Illinois is amended by adding Section 50-35 as follows: | 6 | | (15 ILCS 20/50-35 new) | 7 | | Sec. 50-35. Long-Term Planning Law. | 8 | | (a) The Governor's budget shall include projections of | 9 | | revenues and expenditures for each of the 5 fiscal years | 10 | | following the fiscal year for which the budget is submitted. | 11 | | These projections shall include aggregates of all revenues and | 12 | | all expenditures, and separate aggregate projections for | 13 | | revenues and expenditures from general funds. These revenue | 14 | | projections shall include separate projections for the | 15 | | principal sources of revenues, including personal income tax, | 16 | | corporate income tax, occupation and use tax, public utilities | 17 | | tax, federal reimbursements, riverboat gaming, and lottery. | 18 | | The projections shall include an aggregate of all expenditures | 19 | | and separate projections for the principal areas of spending, | 20 | | including elementary and secondary education, higher | 21 | | education, Medicaid, public safety, and transportation. The | 22 | | projections shall include an explanation of any increases not | 23 | | due to anticipated natural growth in revenues and expenditures.
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| 1 | | (b) The Governor's budget for the next fiscal year shall | 2 | | separately set forth any proposals for any new or expanded | 3 | | expenditures that reflect an expansion of eligibility or scope | 4 | | of services and an increase of $500,000 or more over the | 5 | | current fiscal year's expenditures for the same or related | 6 | | programs. Five-year projections for these new or expanded | 7 | | expenditures and their related revenues shall be separately set | 8 | | forth. The 5-year projection must identify a secure source of | 9 | | revenue for the proposal.
| 10 | | (c) The Governor's Office of Management and Budget shall | 11 | | submit an annual review of prior projections required by | 12 | | subsections (a) and (b), showing comparisons to actual revenues | 13 | | and expenditures. This review shall be submitted to the General | 14 | | Assembly 30 days after the submission of the Governor's budget | 15 | | for the next fiscal year. The review shall include projections | 16 | | for the previous 5 fiscal years prepared as required by this | 17 | | Act.
| 18 | | (d) Prior to General Assembly approval of appropriation | 19 | | bills, the Governor shall submit to the General Assembly 5-year | 20 | | projections of revenues and expenditures for any new or | 21 | | expanded expenditures as described in subsection (b) that are | 22 | | authorized by the appropriation bills but were not included in | 23 | | the Governor's initially submitted budget. Updated projections | 24 | | also shall be submitted by the Governor prior to General | 25 | | Assembly approval of appropriations for any new or expanded | 26 | | expenditures as described in subsection (b) that are materially |
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| 1 | | changed from the Governor's initial proposals.
| 2 | | Section 10. The Fiscal Note Act is amended by changing | 3 | | Section 1 as follows:
| 4 | | (25 ILCS 50/1) (from Ch. 63, par. 42.31)
| 5 | | Sec. 1. Every bill, except those bills making a direct | 6 | | appropriation,
(1) the purpose or effect of which is (i) to | 7 | | expend any State funds or
to
increase or decrease the revenues | 8 | | of the
State, either directly or indirectly, or (ii) to require | 9 | | the expenditure
of their own funds by, or to increase or
| 10 | | decrease the revenues of, units
of local government, school | 11 | | districts or community college districts, or
to revise the | 12 | | distribution of State funds among units of local government,
| 13 | | school districts, or community college districts, either | 14 | | directly or
indirectly, or (2) that amends the Mental Health | 15 | | and Developmental
Disabilities Code or the Developmental | 16 | | Disability and Mental Disability
Services Act shall have | 17 | | prepared for it prior to second reading in the
house of | 18 | | introduction a brief explanatory statement or note which, for a | 19 | | bill
under item (1), shall
include a reliable estimate of the | 20 | | anticipated change in State, local
governmental, school | 21 | | district, or community college district
expenditures or | 22 | | revenues under its provisions and, for a bill under item (2),
| 23 | | shall include a reliable estimate of the fiscal impact of its | 24 | | provisions upon
community agencies.
For purposes of this Act,
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| 1 | | indirect revenues
include, but are not limited to, increased | 2 | | tax revenues or other increased
revenues resulting from | 3 | | economic development, job creation, or cost
reduction. The | 4 | | statement or note shall also include an explanation of the
| 5 | | methodology used to determine the estimated direct and indirect | 6 | | costs or
estimated impact on community agencies. Any
notes for | 7 | | bills having
a fiscal impact on units of local government, | 8 | | school districts or community
college districts shall include | 9 | | such cost estimates as may be required under
the State Mandates | 10 | | Act.
| 11 | | If a bill authorizes capital expenditures or appropriates | 12 | | funds for
capital expenditures, a statement shall be prepared | 13 | | by the
Governor's Office of Management and Budget specifying by | 14 | | year any principal and interest payments required
to finance | 15 | | such capital expenditures.
| 16 | | If a bill authorizes the issuance of bonds, a statement or | 17 | | note shall be prepared by the Governor's Office of Management | 18 | | and Budget specifying the estimated total principal and | 19 | | interest payments (assuming interest is paid at a fixed rate) | 20 | | if all of the bonds authorized were issued. The statement or | 21 | | note shall include the total principal on all other | 22 | | then-outstanding Bonds of the State.
| 23 | | These statements or notes shall be known as "fiscal notes".
| 24 | | Every fiscal note prepared under this Act that includes an | 25 | | estimate of an expenditure of funds in excess of $500,000 or | 26 | | more over the current fiscal year's expenditures for the same |
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| 1 | | or related programs shall also contain projections of | 2 | | expenditures and revenues for each of the 5 fiscal years | 3 | | following the next fiscal year. The 5-year projection must | 4 | | identify a secure source of revenue for the expenditure of | 5 | | funds.
| 6 | | (Source: P.A. 92-567, eff. 1-1-03; 93-839, eff. 7-30-04.)
| 7 | | Section 99. Effective date. This Act takes effect upon | 8 | | becoming law.
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