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Public Act 103-0229


 

Public Act 0229 103RD GENERAL ASSEMBLY

  
  
  

 


 
Public Act 103-0229
 
SB1790 EnrolledLRB103 28422 JDS 54802 b

    AN ACT concerning State government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    (25 ILCS 130/4-4 rep.)
    (25 ILCS 130/4-5 rep.)
    (25 ILCS 130/4-6 rep.)
    Section 5. The Legislative Commission Reorganization Act
of 1984 is amended by repealing Sections 4-4, 4-5, and 4-6.
 
    Section 10. The Commission on Government Forecasting and
Accountability Act is amended by changing Sections 3 and 4 as
follows:
 
    (25 ILCS 155/3)  (from Ch. 63, par. 343)
    Sec. 3. The Commission shall:
        (1) Study from time to time and report to the General
    Assembly on economic development and trends in the State.
        (2) Make such special economic and fiscal studies as
    it deems appropriate or desirable or as the General
    Assembly may request.
        (3) Based on its studies, recommend such State fiscal
    and economic policies as it deems appropriate or desirable
    to improve the functioning of State government and the
    economy of the various regions within the State.
        (4) Prepare annually a State economic report.
        (5) Provide information for all appropriate
    legislative organizations and personnel on economic trends
    in relation to long range planning and budgeting.
        (6) Study and make such recommendations as it deems
    appropriate to the General Assembly on local and regional
    economic and fiscal policy and on federal fiscal policy as
    it may affect Illinois.
        (7) Review capital expenditures, appropriations and
    authorizations for both the State's general obligation and
    revenue bonding authorities. At the direction of the
    Commission, specific reviews may include economic
    feasibility reviews of existing or proposed revenue bond
    projects to determine the accuracy of the original
    estimate of useful life of the projects, maintenance
    requirements and ability to meet debt service requirements
    through their operating expenses.
        (8) Receive and review all executive agency and
    revenue bonding authority annual and 3 year plans. The
    Commission shall prepare a consolidated review of these
    plans, an updated assessment of current State agency
    capital plans, a report on the outstanding and unissued
    bond authorizations, an evaluation of the State's ability
    to market further bond issues and shall submit them as the
    "Legislative Capital Plan Analysis" to the House and
    Senate Appropriations Committees at least once a year. The
    Commission shall annually submit to the General Assembly
    on the first Wednesday of April a report on the State's
    long-term capital needs, with particular emphasis upon and
    detail of the 5-year period in the immediate future.
        (9) Study and make recommendations it deems
    appropriate to the General Assembly on State bond
    financing, bondability guidelines, and debt management. At
    the direction of the Commission, specific studies and
    reviews may take into consideration short and long-run
    implications of State bonding and debt management policy.
        (10) Comply with the provisions of the "State Debt
    Impact Note Act" as now or hereafter amended.
        (11) Comply with the provisions of the Pension Impact
    Note Act, as now or hereafter amended.
        (12) Prepare By August 1st of each year, the
    Commission must prepare and cause to be published by
    August 1 of each year a summary report of State
    appropriations for the State fiscal year beginning the
    previous July 1st, except that, if no State appropriations
    have been enacted by July 1 for the State fiscal year, then
    the summary report shall be prepared and published within
    60 days after the enactment of appropriations for that
    State fiscal year. The summary report must discuss major
    categories of appropriations, the issues the General
    Assembly faced in allocating appropriations, comparisons
    with appropriations for previous State fiscal years, and
    other matters helpful in providing the citizens of
    Illinois with an overall understanding of appropriations
    for that fiscal year. The summary report must be written
    in plain language and designed for readability, and it
    must be provided in a report to the General Assembly and
    published on the General Assembly's website. Publication
    must be in newspapers of general circulation in the
    various areas of the State to ensure distribution
    statewide. The summary report must also be published on
    the General Assembly's web site.
        (13) Comply with the provisions of the State
    Facilities Closure Act.
        (14) For fiscal year 2012 and thereafter, develop a
    3-year budget forecast for the State, including
    opportunities and threats concerning anticipated revenues
    and expenditures, with an appropriate level of detail.
        (15) Perform the powers, duties, rights, and
    responsibilities of the Legislative Research Unit as
    transferred to the Commission under Section 7.
    The requirement for reporting to the General Assembly
shall be satisfied by filing copies of the report as required
by Section 3.1 of the General Assembly Organization Act, and
filing such additional copies with the State Government Report
Distribution Center for the General Assembly as is required
under paragraph (t) of Section 7 of the State Library Act.
(Source: P.A. 100-1148, eff. 12-10-18.)
 
    (25 ILCS 155/4)  (from Ch. 63, par. 344)
    Sec. 4. (a) The Commission shall publish, during at the
convening of each regular session of the General Assembly, a
report on the estimated income of the State from all
applicable revenue sources for the next ensuing fiscal year
and of any other funds estimated to be available for such
fiscal year. The Commission, in its discretion, may consult
with the Governor's Office of Management and Budget in
preparing the report. By On the third Wednesday in March after
the session convenes, the Commission shall issue the report
required by this Section containing the a revised and updated
set of revenue figures reflecting the latest available
information. The House and Senate by joint resolution shall
adopt or modify such estimates as may be appropriate. The
joint resolution shall constitute the General Assembly's
estimate, under paragraph (b) of Section 2 of Article VIII of
the Constitution, of the funds estimated to be available
during the next fiscal year.
    (b) On the third Wednesday in March or within 14 days after
the Governor's budget address, whichever is later, the
Commission shall issue estimated:
        (1) pension funding requirements under P.A. 86-273;
    and
        (2) liabilities of the State employee group health
    insurance program.
    These estimated costs shall be for the fiscal year
beginning the following July 1.
    (c) The requirement for reporting to the General Assembly
shall be satisfied by filing copies of the report as required
by Section 3.1 of the General Assembly Organization Act, and
filing such additional copies with the State Government Report
Distribution Center for the General Assembly as is required
under paragraph (t) of Section 7 of the State Library Act.
(Source: P.A. 100-1148, eff. 12-10-18.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 6/30/2023