Bill > HB1133

This bill, known as the Spending Reduction and Revenue Control Act, seeks to impose fiscal discipline on the Illinois state government by creating a new procedural rule for taxation and spending. Specifically, the bill prohibits the General Assembly from passing any legislation that creates new state taxes or increases existing state taxes unless an appropriation bill is first passed that reduces overall state spending levels compared to the previous fiscal year. Additionally, the bill requires all state agencies to proactively submit recommended lists of spending efficiencies and budget reductions to help the General Assembly meet the spending reduction requirements. By implementing these restrictions, the bill aims to control government expenditures and prevent tax increases without corresponding spending cuts, effectively creating a mechanism to constrain the growth of state government spending and potentially encourage more fiscally conservative budgeting practices.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1133&GAID=18&DocTypeID=HB&SessionID=114&GA=104