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Public Act 096-1354 | ||||
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Governor's Office of Management and Budget | ||||
Act is amended by adding Section 7.3 as follows: | ||||
(20 ILCS 3005/7.3 new) | ||||
Sec. 7.3. Annual economic and fiscal policy report. By | ||||
January 1 of each year, the Governor's Office of Management and | ||||
Budget shall submit an economic and fiscal policy report to the | ||||
General Assembly. The report must outline the long-term | ||||
economic and fiscal policy objectives of the State, the | ||||
economic and fiscal policy intentions for the upcoming fiscal | ||||
year, and the economic and fiscal policy intentions for the | ||||
following 2 fiscal years. The report must highlight the total | ||||
level of revenue, expenditure, deficit or surplus, and debt | ||||
with respect to each of the reporting categories. The report | ||||
must be posted on the Office's Internet website and allow | ||||
members of the public to post comments concerning the report.
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Section 99. Effective date. This Act takes effect upon | ||||
becoming law.
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