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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB2999 Introduced , by Rep. C.D. Davidsmeyer SYNOPSIS AS INTRODUCED: |
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Creates the Taxpayer's Fiscal Charter Act. Provides for a discretionary spending freeze for fiscal years 2020 and 2021. Sets forth requirements to increase discretionary spending beginning in fiscal year 2022. Requires any new spending proposed by the General Assembly in addition to existing obligations shall be accompanied by a proposed source of revenue to pay for the proposed spending or specified cuts necessary to offset the proposed spending. Prohibits unfunded mandates. Requires the publishing of certain information before voting on or enacting an appropriations bill. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB2999 | | LRB101 05069 HLH 50079 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 | | Taxpayer's Fiscal Charter Act. |
6 | | Section 5. Definitions. As used in this Act: |
7 | | "Backlog payment cycle" means the time between a submission |
8 | | of a proper bill or invoice to the State Comptroller for |
9 | | payment and the issuing of that payment. |
10 | | "Discretionary spending" means any spending not mandated |
11 | | by federal or State law or court order. |
12 | | "Unfunded mandate" means a law requiring a unit of local |
13 | | government or school district to expend money without |
14 | | accompanying money from the State. |
15 | | Section 10. Discretionary spending freeze. |
16 | | (a) The General Assembly shall freeze all discretionary |
17 | | spending during fiscal years 2020 and 2021. The General |
18 | | Assembly shall not expand any existing programs or create new |
19 | | programs requiring the expenditure of additional money. |
20 | | (b) Beginning in fiscal year 2022, the General Assembly may |
21 | | only create new programs or expand existing programs requiring |
22 | | the expenditure of additional money if the State's backlog |