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<xml>
<title>Illinois General Assembly - Bill Status for HB 6688   </title>
<shortdesc>COGFA-ST BUDGET ESTIMATES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Bill Mitchell</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 20/50-5</reference><aliasreference>was 15 ILCS 20/38</aliasreference><reference>15 ILCS 20/50-25 new</reference><aliasreference></aliasreference><reference>25 ILCS 155/4</reference><aliasreference>from Ch. 63, par. 344</aliasreference><SynopsisText>     Amends the State Budget Law of the Civil Administrative Code of Illinois and the Commission on Government Forecasting and Accountability Act. Prohibits the Governor's proposed expenditures for a fiscal year, and the General Assembly's appropriations therefor, from exceeding the available revenue estimated by the Commission on Government Forecasting and Accountability (now, may not exceed revenues estimated to be available). Requires that the Commission estimate the revenues available for the next fiscal year's appropriation by each February 1 (now, at the convening of each regular General Assembly session) and revise the estimate by each May 1 (now, by the third Wednesday in each March). Eliminates the requirement that the General Assembly adopt the estimates by joint resolution. Requires that the Commission revise its estimate of revenues available for each current fiscal year's appropriation by October 1, February 1, and May 1, and prohibits supplemental appropriations in excess of the most recent estimate. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>8/13/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Bill Mitchell</action>
<statusdate>8/13/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>8/13/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

