Bill Status of HB3014

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HB3014 - 104th General Assembly

BUDGET SPENDING
Last Action
2/06/2025 - House: Referred to Rules Committee
House Sponsors
Rep. Dan Ugaste, Travis Weaver and Ryan Spain
Statutes Amended In Order of Appearance
15 ILCS 20/50-5
Synopsis As Introduced
Amends the State Budget Law of the Civil Administrative Code. Provides that, beginning with the budget prepared for Fiscal Year 2027, the rate of growth of appropriations from the State general funds over the preceding fiscal year appropriations from the State general funds shall not exceed the rate of growth of the Illinois economy. Provides that the rate of growth of the Illinois economy is the compound annual growth rate of the gross domestic product in the State over the preceding 10 calendar years, calculated using data reported by the United States Bureau of Economic Analysis or its successor agency before December 31 immediately preceding the beginning of the applicable fiscal year.
Actions
Date Chamber Action
2/06/2025 House Filed with the Clerk by Rep. Dan Ugaste
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee
2/27/2025 House Added Co-Sponsor Rep. Travis Weaver
3/21/2025 House Added Co-Sponsor Rep. Ryan Spain