SCHOENBERG-GARRETT-KENNER-HOWARD-JOHNSON, LANG AND MULLIGAN.
OPEN BUDGETS ACT
Synopsis of Bill as introduced:
Creates the Illinois Open Budgets Act. Provides that the
Governor shall present a State budget to the General Assembly on the
first Wednesday in March of each year. Specifies elements to be
included in the budget. Provides that each State agency, State
college and university, and public and quasi-public corporation shall
submit, by January 1, a budget request for the next fiscal year.
Provides that the Bureau of the Budget and the Economic and Fiscal
Commission shall produce, by January 15, a revenue estimate for the
next fiscal year. Provides that the Governor shall submit recommended
appropriations with the budget. Creates a Budget Advisory Panel to
oversee development of accountability reports (and repeals language in
the Civil Administrative Code pertaining to a Budget Advisory Panel).
Creates an Open Budget Conference to approve certain forms and
procedures. Repeals language in the State Finance Act regarding
preparation and introduction of appropriation bills. Effective
FISCAL NOTE (Economic and Fiscal Commission)
HB 129 would not affect the fiscal operations of the Illinois
Economic and Fiscal Commission. HB 129 would not impact
General Funds receipts. HB 129 would create the Illinois Open
Budgets Act. The Illinois Open Budgets Act sets forth the re-
quirements for the State budget and those parties included in
the budget process.
FISCAL NOTE (Bureau of the Budget)
House Bill 129 does not require the expenditure of funds by
the State, nor does it change the revenues of the State.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status