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<xml>
<title>Illinois General Assembly - Bill Status for SB 1534   </title>
<shortdesc>BUDGET/LONG-TERM PLANNING</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Christine Radogno-Frank C. Watson-Pamela J. Althoff-Dave Syverson, Gary G. Dahl, Chris Lauzen, Matt Murphy, Dale A. Righter, John O. Jones, Dan Cronin, Kirk W. Dillard, John J. Millner, J. Bradley Burzynski and Dan Rutherford</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 20/50-30 new</reference><aliasreference></aliasreference><reference>25 ILCS 50/1</reference><aliasreference>from Ch. 63, par. 42.31</aliasreference><SynopsisText>Amends the State Budget Law. Requires the Governor's budget to include projections of revenues and expenditures for the 5 following fiscal years. Sets forth requirements for the projections. Requires the budget for the next fiscal year to set forth new or expanded expenditures of $1,000,000 or more. Requires the Governor's Office of Management and Budget to review previous projections and compare them to actual receipts and expenditures. Requires the Governor to submit 5-year projections for expenditures not included in the Governor's initial budget before the General Assembly approves appropriation bills. Contains other provisions. Amends the Fiscal Note Act to require a 5-year projection of expenditures if the note indicates an increase of expenditures of $1,000,000 or more. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Christine Radogno</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Frank C. Watson</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Dave Syverson</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Gary G. Dahl</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Chris Lauzen</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Matt Murphy</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Dale A. Righter</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. John O. Jones</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Dan Cronin</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. John J. Millner</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Co-Sponsor Sen. J. Bradley Burzynski</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>3/5/2007</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dan Rutherford</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

