Bill Status of HB 5079   97th General Assembly

Short Description:  BUDGET-DECLARE BALANCED

House Sponsors
Rep. Sidney H. Mathias

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
15 ILCS 20/50-5

Synopsis As Introduced
Amends the State Budget Law of the Civil Administrative Code of Illinois. With respect to fiscal year appropriations, requires the General Assembly to take into account (i) whether the previous fiscal year's revenues were sufficient to pay for all obligations incurred during that fiscal year or whether those obligations were shifted to future years and (ii) whether revenues for the budgeted fiscal year can be reasonably projected to meet appropriations for the budgeted fiscal year. For each budgeted fiscal year, requires the General Assembly, by the same joint resolution adopted by record vote, to declare that the budget is balanced. Makes revisory changes.

Actions 
DateChamber Action
  2/7/2012HouseFiled with the Clerk by Rep. Sidney H. Mathias
  2/7/2012HouseFirst Reading
  2/7/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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