093_SB0151 LRB093 06962 RCE 07884 b 1 AN ACT concerning a statewide advisory referendum on the 2 State budget crisis. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 1. Short title. This Act may be cited as the 6 State Budget Crisis Referendum Act. 7 Section 5. Purpose. Illinois, as almost all other 8 states, is currently experiencing a State budget crisis. At 9 the same time, however, Illinois enjoys relatively modest 10 rates of State income tax: 3% on individuals, estates, and 11 trusts and 4.8% on corporations. The purpose of this Act is 12 to seek the advice of the voters as to whether a temporary 13 increase in the State income tax is warranted to help solve 14 this crisis. 15 Section 10. Budget crisis advisory questions. The 16 following advisory questions shall be submitted to the voters 17 of the entire State at the 2003 consolidated election: 18 (1) Should the General Assembly and the Governor 19 temporarily increase the Illinois income tax to help 20 solve the current State budget crisis? 21 (2) Should this temporary increase be limited to no 22 more than 2 tax years? 23 (3) Should this temporary increase be limited to 24 increasing the rate of tax for individuals, trusts, and 25 estates by no more than one percentage point and the rate 26 for corporations by no more than one and six-tenths of a 27 percentage point? 28 All of these 3 questions shall be placed on a single, 29 separate ballot. The votes on each question shall be recorded 30 as "Yes" or "No". -2- LRB093 06962 RCE 07884 b 1 Section 15. Certification. The State Board of Elections 2 shall immediately certify the questions to be submitted to 3 the voters of the entire State under Section 10 to the 4 respective county clerks and to the board of election 5 commissioners, if any, in their respective counties. 6 Section 20. Conflicts. If any provision of this Act 7 conflicts with any other law, this Act controls. 8 Section 90. Repeal. This Act is repealed on July 1, 9 2003. 10 Section 99. Effective date. This Act takes effect upon 11 becoming law.