90th General Assembly
Summary of HB0906
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House Sponsors:
BRADY-ERWIN-PARKE-HUGHES-SCHOENBERG, CURRY,JULIE, LANG, 
   FEIGENHOLTZ AND HANNIG.

Short description: 
GOV BUDGET PROPOSAL-ESTIMATES                                              

Synopsis of Bill as introduced:
        Amends the Civil Administrative Code of Illinois to  specify  the      
   manner of calculating the State revenue and expenditure estimates that      
   must  be  included  in  the  Governor's  annual State budget proposal.      
   Effective immediately.                                                      
          FISCAL NOTE (Auditor General)                                        
          First year implementation cost is $125,400; subsequent years         
          costs total approximately $49,400.                                   
          FISCAL NOTE (Bureau of the Budget)                                   
          If accumulated GAAP (generally accepted accounting principles)       
          deficit is eliminated, revenues would have to be raised or           
          spending reduced by $951 M; if not, there would be minimal or        
          no cost.                                                             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status