Illinois General Assembly - Full Text of SR0586
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Full Text of SR0586  97th General Assembly

SR0586sam001 97TH GENERAL ASSEMBLY

 


 
SR0586SAM001LRB097 20148 PJG 67099 a

1
AMENDMENT TO SENATE RESOLUTION 586

2    AMENDMENT NO. ___. Amend Senate Resolution 586 by replacing
3everything after the heading with the following:
 
4    "WHEREAS, Under subsection (b) of Section 2 of Article VIII
5of the Illinois Constitution, appropriations for a fiscal year
6shall not exceed funds estimated by the General Assembly to be
7available during that year; therefore, be it
 
8    RESOLVED, BY THE SENATE OF THE NINETY-SEVENTH GENERAL
9ASSEMBLY OF THE STATE OF ILLINOIS, that the General Assembly
10estimates the general funds to be available during State fiscal
11year 2013 as follows:
 
 
12Revenue Sources Estimate
13State Taxes
14Personal Income Tax (net of refunds)$15,140
15Corporate Income Tax (net of
2refunds)$2,504
3Sales Tax$7,335
4Public Utility (regular)$1,085
5Cigarette Tax$355
6Liquor Gallonage Taxes$162
7Vehicle Use Tax$29
8Inheritance Tax (gross)$230
9Insurance Taxes & Fees$285
10Corporate Franchise Tax & Fees$195
11Interest on State Funds &
12    Investments$20
13Intergovernmental Transfer$244
14Other Sources$400
15Subtotal$27,984
16
17Transfers
18Lottery$649
19Riverboat transfers and receipts$350
20Other$801
21Total State Sources$29,784
22
23Federal Sources$3,935
24
25Total Federal & State Sources$33,719".