96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB2061


 
Introduced 2/20/2009, by Sen. Chris Lauzen
 
SYNOPSIS AS INTRODUCED:
 		













25 ILCS 155/4
  from Ch. 63, par. 344








    Amends the Commission on Government Forecasting and Accountability Act. Provides that the General Assembly's total appropriations for the next fiscal year must not exceed the Commission's revenue estimate for that year. Effective immediately.
















LRB096 09358 JDS 19515 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











SB2061

LRB096 09358 JDS 19515 b






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    AN ACT concerning State government.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Commission on Government Forecasting and 
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Accountability Act is amended  by changing Sections 4, 6, 6.1, 
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and 6.2 as follows:
 
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    (25 ILCS 155/4)  (from Ch. 63, par. 344)

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    Sec. 4. (a) The Commission shall publish, at the convening 
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of each regular
session of the General Assembly, a report on 
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the estimated income of the
State from all applicable revenue 
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sources for the next ensuing fiscal
year and of any other funds 
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estimated to be available for such fiscal
year. On the third 
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Wednesday in March after the session convenes, the
Commission 
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shall issue a revised and updated set of revenue figures

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reflecting the latest available information. The House and 
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Senate by
joint resolution shall adopt or modify such estimates 
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as may be
appropriate. The joint resolution shall constitute 
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the General
Assembly's estimate, under paragraph (b) of Section 
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2 of Article VIII of
the Constitution, of the funds estimated 
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to be available during the next
fiscal year. Pursuant to 
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Article VIII, Section 2(b) of the Illinois Constitution, total 
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appropriations enacted by the General Assembly shall not exceed 
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the Commission's revenue estimate for the next fiscal year.


 


 






SB2061
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LRB096 09358 JDS 19515 b




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    (b) On the third Wednesday in March, the Commission shall 
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issue estimated:


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        (1) pension funding requirements under P.A. 86-273; 
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    and


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        (2) liabilities of the State employee group health 
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    insurance program.


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    These estimated costs shall be for the fiscal year 
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beginning the following
July 1.


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    (c) The requirement for reporting to the General Assembly 
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shall be satisfied
by filing copies of the report with the 
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Speaker, the Minority Leader and
the Clerk of the House of 
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Representatives and the President, the Minority
Leader and the 
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Secretary of the Senate and the Legislative
Research
unit, as 
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required by Section 3.1 of the General Assembly
Organization 
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Act, and filing
such
additional copies with the State 
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Government Report Distribution Center for the
General Assembly 
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as is required under paragraph (t) of Section 7 of the State

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Library Act.


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(Source: P.A. 93-632, eff. 2-1-04.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.