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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB4500 Introduced , by Rep. Keith R. Wheeler SYNOPSIS AS INTRODUCED:
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Creates the Revenue Estimate Act. Provides that the General Assembly shall not enact any bill to appropriate funds within any fiscal year prior to its adoption of a joint resolution reflecting the estimate of funds available for that fiscal year as required under the Commission on Government Forecasting and Accountability Act. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB4500 | | LRB100 17216 HLH 32375 b |
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| 1 | | AN ACT concerning finance.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 1. Short title. This Act may be cited as the |
| 5 | | Revenue Estimate Act.
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| 6 | | Section 5. Passage of appropriation bills prohibited |
| 7 | | before adoption of joint resolution. The General Assembly shall |
| 8 | | not enact any bill to appropriate funds within any fiscal year |
| 9 | | prior to its adoption of a joint resolution reflecting the |
| 10 | | estimate of funds available for that fiscal year as required |
| 11 | | under Section 4 of the Commission on Government Forecasting and |
| 12 | | Accountability Act.
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| 13 | | Section 99. Effective date. This Act takes effect upon |
| 14 | | becoming law.
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