Bill Status of HB 311   93rd General Assembly

Short Description:  BUDGET STABILIZATION-REVENUES

House Sponsors
Rep. Jim Watson-Bill Mitchell-Bob Biggins-Suzanne Bassi and Ron Stephens

Last Action  View All Actions

DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/6z-51

Synopsis As Introduced
Amends the State Finance Act. Requires that State revenues in excess of estimates published by the Bureau of the Budget must be transferred into the Budget Stabilization Fund each fiscal year. Removes (i) the authorization for the State Comptroller to direct payments from the Fund from time to time and (ii) the requirement that the Fund be repaid. Effective immediately.

Actions 
DateChamber Action
  1/23/2003HouseFiled with the Clerk by Rep. Jim Watson
  1/23/2003HouseFirst Reading
  1/23/2003HouseReferred to Rules Committee
  1/24/2003HouseAdded Chief Co-Sponsor Rep. Bill Mitchell
  1/29/2003HouseAssigned to Executive Committee
  1/30/2003HouseAdded Chief Co-Sponsor Rep. Bob Biggins
  1/30/2003HouseAdded Chief Co-Sponsor Rep. Suzanne Bassi
  2/5/2003HouseAdded Co-Sponsor Rep. Ron Stephens
  3/11/2003HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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