summary
Introduced
02/07/2025
02/07/2025
In Committee
02/18/2025
02/18/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Budget Law of the Civil Administrative Code of Illinois. Provides that, beginning with budgets prepared for fiscal year 2027, revenue estimates shall be based solely on receipts from taxes, fees, and federal transfers and shall not include debt incurred, existing debt refinanced, or additional funds appropriated, assigned, or transferred from another fund. Provides that appropriations for a fiscal year shall not exceed revenue estimated by the General Assembly to be available during that year. Provides that, except for deficiency or emergency appropriations, all appropriations are expendable only during the fiscal year for which they were appropriated, except that the General Assembly may provide for appropriations from the Budget Stabilization Fund in excess of revenue estimated by the General Assembly to be available during that year by adoption of a resolution approved by a record vote of three-fifths of the members of each chamber. Provides that the excess appropriations may not exceed the total amount available in the Budget Stabilization Fund. Provides that no public money shall be expended except pursuant to appropriations made by law. Provides that expenditures for any fiscal year shall not exceed the State's revenues and reserves in the general funds, including proceeds of any debt obligation, for that year. Provides that no debt obligation, except as shall be repaid within the fiscal year of issuance, shall be authorized for the current operation of any service or program, nor shall the proceeds of any debt obligation be expended for a purpose other than that for which it was authorized. Provides that any law requiring the expenditure of funds shall be null and void unless, during the session in which the Act receives final passage, an appropriation is made for the estimated first year's funding. Effective immediately.
AI Summary
This bill amends the Budget Law of the Civil Administrative Code of Illinois to establish stricter fiscal guidelines beginning in fiscal year 2027. The bill requires that revenue estimates be based solely on actual receipts from taxes, fees, and federal transfers, explicitly prohibiting the inclusion of debt or transferred funds in revenue calculations. It mandates that annual appropriations cannot exceed the revenue estimated by the General Assembly, with limited exceptions for emergency or deficiency appropriations. The legislation introduces a provision allowing the General Assembly to approve additional appropriations from the Budget Stabilization Fund through a resolution supported by a three-fifths vote in each chamber, but limits these excess appropriations to the fund's total available amount. The bill further stipulates that public money can only be spent through legally approved appropriations, and that annual expenditures must not exceed the state's revenues and reserves. It also restricts debt obligations, preventing their use for ongoing operational expenses and mandating that they be used only for their originally authorized purpose. Notably, the bill includes a provision that any law requiring funding will be considered void unless an appropriation for its first year of implementation is made during the same legislative session in which the law is passed. The goal of these provisions is to enforce more disciplined and transparent budgeting practices for the state of Illinois.
Sponsors (1)
Last Action
Referred to Rules Committee (on 02/18/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3792&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB3792.htm |
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