[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
90_HC0007
ILCON Art. VIII, Sec. 2
Proposes to amend the Finance Article of the Illinois
Constitution. Prohibits the General Assembly from
appropriating more than 98% of available funds in a fiscal
year. Effective in the next fiscal year after voter
approval.
LRB9002469MWmg
LRB9002469MWmg
1 HOUSE JOINT RESOLUTION
2 CONSTITUTIONAL AMENDMENT
3 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
4 NINETIETH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
5 SENATE CONCURRING HEREIN, that there shall be submitted to
6 the electors of the State for adoption or rejection at the
7 general election next occurring at least 6 months after the
8 adoption of this resolution a proposition to amend Section 2
9 of Article VIII of the Illinois Constitution as follows:
10 ARTICLE VIII
11 FINANCE
12 (ILCON Art. VIII, Sec. 2)
13 SECTION 2. STATE FINANCE
14 (a) The Governor shall prepare and submit to the General
15 Assembly, at a time prescribed by law, a State budget for the
16 ensuing fiscal year. The budget shall set forth the estimated
17 balance of funds available for appropriation at the beginning
18 of the fiscal year, the estimated receipts, and a plan for
19 expenditures and obligations during the fiscal year of every
20 department, authority, public corporation and quasi-public
21 corporation of the State, every State college and university,
22 and every other public agency created by the State, but not
23 of units of local government or school districts. The budget
24 shall also set forth the indebtedness and contingent
25 liabilities of the State and such other information as may be
26 required by law. Proposed expenditures shall not exceed funds
27 estimated to be available for the fiscal year as shown in the
28 budget.
29 (b) The General Assembly by law shall make
30 appropriations for all expenditures of public funds by the
31 State. Appropriations for a fiscal year shall not exceed 98%
32 of funds estimated by the General Assembly to be available
-2- LRB9002469MWmg
1 during that year.
2 (Source: Illinois Constitution.)
3 SCHEDULE
4 This Constitutional Amendment takes effect in the next
5 fiscal year after approval by the electors of this State.