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<xml>
<title>Illinois General Assembly - Bill Status for HB 311    </title>
<shortdesc>BUDGET STABILIZATION-REVENUES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jim Watson-Bill Mitchell-Bob Biggins-Suzanne Bassi and Ron Stephens</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/6z-51</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>1/23/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jim Watson</action>
<statusdate>1/23/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/23/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/24/2003</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Bill Mitchell</action>
<statusdate>1/29/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>1/30/2003</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Bob Biggins</action>
<statusdate>1/30/2003</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Suzanne Bassi</action>
<statusdate>2/5/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ron Stephens</action>
<statusdate>3/11/2003</statusdate><chamber>House</chamber><action>Motion to Suspend Rule 25 - Prevailed by Voice Vote</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

