Illinois Compiled Statutes
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25 ILCS 10/20
(25 ILCS 10/20)
(Section scheduled to be repealed on July 1, 2021)
Legislative Budget Oversight Commission.
(a) The General Assembly hereby finds and declares that the State is confronted with an unprecedented fiscal crisis. In light of this crisis, and the challenges it presents for the budgeting process, the General Assembly hereby establishes the Legislative Budget Oversight Commission. The purpose of the Commission is: to monitor budget management actions taken by the Office of the Governor or Governor's Office of Management and Budget; and to oversee the distribution and expenditure of federal financial relief for State and local governments related to the COVID-19 pandemic.
(b) At the request of the Commission, units of local governments shall report to the Commission on the status and distribution of federal CARES money and any other federal financial relief related to the COVID-19 pandemic.
(c) In anticipation of constantly changing and unpredictable economic circumstances, the Commission will provide a means for the Governor's Office and the General Assembly to maintain open communication about necessary budget management actions during these unprecedented times. Beginning August 15, 2020, the Governor's Office of Management and Budget shall submit a monthly written report to the Commission reporting any budget management actions taken by the Office of the Governor, Governor's Office of Management and Budget, or any State agency. On a quarterly basis, the Governor or his or her designee shall give a report to the Commission. The report shall be given either in person or by telephonic or videoconferencing means. The report shall include:
(1) any budget management actions taken by the Office
of the Governor, Governor's Office of Management and Budget, or any agency or board under the Office of the Governor in the prior quarter;
(2) year-to-date revenues as compared to anticipated
(3) year-to-date expenditures as compared to the
Fiscal Year 2021 budget as enacted.
(d) The Legislative Budget Oversight Commission shall consist of the following members:
(1) 7 members of the House of Representatives
appointed by the Speaker of the House of Representatives;
(2) 7 members of the Senate appointed by the Senate
(3) 4 members of the House of Representatives
appointed by the Minority Leader of the House of Representatives; and
(4) 4 members of the Senate appointed by the Senate
(e) The Speaker of the House of Representatives and the Senate President shall each appoint one member of the Commission to serve as a co-chair. The members of the Commission shall serve without compensation.
(f) As used in this Section:
"Budget management action" means any transfer between appropriation lines exceeding 2%, fund transfer, designation of appropriation lines as reserve, or any other discretionary action taken with regard to the Fiscal Year 2021 budget as enacted;
"State agency" means all officers, boards, commissions, departments, and agencies created by the Constitution, by law, by Executive Order, or by order of the Governor in the Executive Branch, other than the Offices of the Attorney General, Secretary of State, Comptroller, or Treasurer.
(g) This Section is repealed July 1, 2021.
(Source: P.A. 101-636, eff. 6-10-20.)