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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 SENATE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT SC0021 Introduced 2/15/2013, by Sen. Matt Murphy SYNOPSIS AS INTRODUCED: |
| | ILCON Art. IV, Sec. 8.1 new | | ILCON Art. VIII, Sec. 2 |
| Proposes to amend the Legislature Article of the Illinois Constitution
concerning the passage of revenue bills. A bill that would result in the increase of revenue may
become law only with the concurrence of two-thirds of the members elected to
each house of the General Assembly. Proposes to amend the Finance Article of the Illinois Constitution concerning the State budget.
Provides that the rate of growth in total State expenditures in any fiscal year over the prior fiscal year is limited to: (i) the percentage increase in the annual rate of increase, for the previous
calendar year, of the Consumer Price Index; plus (ii) the rate of increase in the State's population for the same 12-month period. Requires the State to maintain a reserve fund equal to 3% of the enacted budget for the prior fiscal year. Effective on being declared adopted in accordance with Section 7 of the
Illinois Constitutional Amendment Act.
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| | SC0021 | | LRB098 06160 JWD 36201 e |
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1 | | SENATE JOINT RESOLUTION
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2 | | CONSTITUTIONAL AMENDMENT
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3 | | RESOLVED, BY THE SENATE OF THE NINETY-EIGHTH GENERAL |
4 | | ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES |
5 | | CONCURRING HEREIN, that there shall be submitted to the |
6 | | electors of the State for adoption or rejection at the general |
7 | | election next occurring at least 6 months after the adoption of |
8 | | this resolution a proposition to add Section 8.1 to Article IV |
9 | | of the Illinois Constitution and to amend Section 2 of Article |
10 | | VIII of the Illinois Constitution as follows:
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11 | | ARTICLE IV
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12 | | THE LEGISLATURE
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13 | | (ILCON Art. IV, Sec. 8.1 new)
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14 | | SECTION 8.1. PASSAGE OF REVENUE BILLS
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15 | | A bill that would result in the increase of revenue may
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16 | | become law only with the concurrence of two-thirds of the |
17 | | members elected to
each house of the General Assembly. An |
18 | | increase of revenue includes, without limitation, the |
19 | | imposition of new taxes, an increase in the rate of an existing |
20 | | tax, a change in a definition that results in an expansion of a |
21 | | tax base, a deduction or elimination of any preferential or |
22 | | exempt status, or the reduction or elimination of any credit, |
23 | | exemption, or deduction.
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