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| | SJ0029 | | LRB097 11107 RCE 52364 r |
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1 | | SENATE JOINT RESOLUTION
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2 | | WHEREAS, Under subsection (b) of Section 2 of Article VIII |
3 | | of the Illinois Constitution, appropriations for a fiscal year |
4 | | shall not exceed funds estimated by the General Assembly to be |
5 | | available during that year; therefore, be it
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6 | | RESOLVED, BY THE SENATE OF THE NINETY-SEVENTH GENERAL |
7 | | ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES |
8 | | CONCURRING HEREIN, that the General Assembly, in compliance |
9 | | with subsection (b) of Section 2 of Article VIII of the |
10 | | Illinois Constitution and with Section 4 of the Commission on |
11 | | Government Forecasting and Accountability Act, estimates the |
12 | | general funds to be available during State fiscal year 2012, as |
13 | | expressed in millions of dollars, as follows:
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14 | | Revenue Sources | | Estimate | |
15 | | State Taxes | | | |
16 | | Personal Income Tax (net of refunds) | | $15,786 | |
17 | | Corporate Income Tax (net of refunds) | | $2,170 | |
18 | | Sales Tax | | $6,739 | |
19 | | Public Utility (regular) | | $1,136 | |
20 | | Cigarette Tax | | $355 | |
21 | | Liquor Gallonage Taxes | | $161 | |
22 | | Vehicle Use Tax | | $29 | |
23 | | Inheritance Tax (gross) | | $196 | |
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