Illinois General Assembly - Bill Status for SB1541
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 Bill Status of SB1541  95th General Assembly


Senate Sponsors
Sen. Christine Radogno and Pamela J. Althoff

Last Action
DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 122/12 new
30 ILCS 122/15

Synopsis As Introduced
Amends the Budget Stabilization Act. Requires the Governor's Office of Management and Budget to make public a certified general funds revenue estimate for the current fiscal year at the same time the Governor submits a budget for the upcoming fiscal year. Requires actual revenues that exceed the certified estimate to be deposited into the Budget Stabilization Fund to be used to pay prior fiscal year liabilities, pension liabilities, and bond debt. Effective immediately.

DateChamber Action
  2/9/2007SenateFiled with Secretary by Sen. Christine Radogno
  2/9/2007SenateFirst Reading
  2/9/2007SenateReferred to Rules
  3/28/2007SenateAdded as Co-Sponsor Sen. Pamela J. Althoff
  1/13/2009SenateSession Sine Die

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