Illinois General Assembly - Full Text of HB4032

LRB104 12908 HLH 24433 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4032

Introduced 4/7/2025, by Rep. Norine K. Hammond - Amy Elik, Tony M. McCombie, Dan Ugaste, Brad Stephens, et al.

SYNOPSIS AS INTRODUCED:

New Act

Creates the Revenue Estimate Act. Provides that the General Assembly shall not enact any bill to appropriate funds within any fiscal year prior to its adoption of a joint resolution reflecting the estimate of funds available for that fiscal year as required under the Commission on Government Forecasting and Accountability Act. Effective immediately.

A BILL FOR

AN ACT concerning finance.

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

Section 1. Short title. This Act may be cited as the Revenue Estimate Act.

Section 5. Passage of appropriation bills prohibited before adoption of joint resolution. The General Assembly shall not enact any bill to appropriate funds within any fiscal year prior to its adoption of a joint resolution reflecting the estimate of funds available for that fiscal year as required under Section 4 of the Commission on Government Forecasting and Accountability Act.

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