Illinois General Assembly - Bill Status for HJRCA0045
Illinois General Assembly

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 Bill Status of HJRCA0045  98th General Assembly


House Sponsors
Rep. Bill Mitchell

Last Action
DateChamber Action
  5/3/2014HouseTabled Pursuant to Rule 46
ILCON Art. VIII, Sec. 2 

Synopsis As Introduced
Proposes to amend the Finance Article of the Illinois Constitution. Limits each fiscal year's increase in total aggregate appropriations to the greater of 4% of the previous fiscal year's total aggregate appropriations or the sum of the rate of inflation and the State's population growth since the previous fiscal year. Requires that revenues in excess of a fiscal year's total aggregate appropriations must be deposited into a rainy day fund within the State treasury. Effective upon being declared adopted.

DateChamber Action
  2/6/2014HouseFiled with the Clerk by Rep. Bill Mitchell
  2/7/2014HouseRead in Full a First Time
  2/7/2014HouseReferred to Rules Committee
  5/3/2014HouseTabled Pursuant to Rule 46

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