Illinois General Assembly - Full Text of HB6268
Illinois General Assembly

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Full Text of HB6268  96th General Assembly




HB6268 Enrolled LRB096 18668 RCE 34052 b

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 Governor's Office of Management and Budget
5 Act is amended by adding Section 7.3 as follows:
6     (20 ILCS 3005/7.3 new)
7     Sec. 7.3. Annual economic and fiscal policy report. By
8 January 1 of each year, the Governor's Office of Management and
9 Budget shall submit an economic and fiscal policy report to the
10 General Assembly. The report must outline the long-term
11 economic and fiscal policy objectives of the State, the
12 economic and fiscal policy intentions for the upcoming fiscal
13 year, and the economic and fiscal policy intentions for the
14 following 2 fiscal years. The report must highlight the total
15 level of revenue, expenditure, deficit or surplus, and debt
16 with respect to each of the reporting categories. The report
17 must be posted on the Office's Internet website and allow
18 members of the public to post comments concerning the report.
19     Section 99. Effective date. This Act takes effect upon
20 becoming law.