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92_SB0954 LRB9208078SMdv 1 AN ACT in relation to State finance. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 State Expenditure Limitation Act. 6 Section 2. Limitation. Increases in State expenditures 7 shall be limited to the percent growth of the Gross Domestic 8 Product attributable to Illinois.