Full Text of SJRCA0025 095th General Assembly
SC0025 95TH GENERAL ASSEMBLY
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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 SENATE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT SC0025
Introduced 2/9/2007, by Sen. Matt Murphy SYNOPSIS AS INTRODUCED: |
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ILCON Art. IV, Sec. 8.1 |
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ILCON Art. VIII, Sec. 2 |
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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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A BILL FOR
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SC0025 |
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LRB095 11106 BDD 31439 e |
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| SENATE JOINT RESOLUTION
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| CONSTITUTIONAL AMENDMENT
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| RESOLVED, BY THE SENATE OF THE NINETY-FIFTH 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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| ARTICLE IV
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| THE LEGISLATURE
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| (ILCON Art. IV, Sec. 8.1)
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| SECTION 8.1. PASSAGE OF REVENUE BILLS
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| A bill that would result in the increase of revenue may
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| 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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LRB095 11106 BDD 31439 e |
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| ARTICLE VIII
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| FINANCE
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| (ILCON Art. VIII, Sec. 2)
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| SECTION 2. STATE FINANCE
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| (a) The Governor shall prepare and submit to the General | 6 |
| Assembly, at
a time prescribed by law, a State budget for the | 7 |
| ensuing fiscal year.
The budget shall set forth the estimated | 8 |
| balance of funds available for
appropriation at the beginning | 9 |
| of the fiscal year, the estimated
receipts, and a plan for | 10 |
| expenditures and obligations during the fiscal
year of every | 11 |
| department, authority, public corporation and quasi-public
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| corporation of the State, every State college and university, | 13 |
| and every
other public agency created by the State, but not of | 14 |
| units of local
government or school districts. The budget shall | 15 |
| also set forth the
indebtedness and contingent liabilities of | 16 |
| the State and such other
information as may be required by law. | 17 |
| Proposed expenditures shall not
exceed funds estimated to be | 18 |
| available for the fiscal year as shown in
the budget.
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| (b) The General Assembly by law shall make appropriations | 20 |
| for all
expenditures of public funds by the State. | 21 |
| Appropriations for a fiscal
year shall not exceed funds | 22 |
| estimated by the General Assembly to be
available during that | 23 |
| year. | 24 |
| (c) The rate of growth in total State expenditures in any |
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| fiscal year over the prior fiscal year is limited to: (i) the | 2 |
| percentage increase in the annual rate of increase, for the | 3 |
| previous
calendar year, of the Consumer Price Index for All | 4 |
| Urban
Consumers for all items, published by the United States
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| Bureau of Labor Statistics; plus (ii) the rate of increase in | 6 |
| the State's population for the same 12-month period. Population | 7 |
| growth must be determined by annual federal census estimates | 8 |
| and must be adjusted every decade to match the federal | 9 |
| decennial census. | 10 |
| (d) The State shall maintain a reserve fund equal to 3% of | 11 |
| the enacted budget for the prior fiscal year.
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| (Source: Illinois Constitution.)
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| SCHEDULE
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| This Constitutional Amendment takes effect upon being | 15 |
| declared adopted in accordance with Section 7 of the Illinois | 16 |
| Constitutional Amendment Act. |
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