BUDGET-LONG-TERM PLANNING Senate SponsorsSen. John J. Millner and Kyle McCarter 1/12/2011SenateSession Sine Die 15 ILCS 20/50-30 new25 ILCS 50/1from Ch. 63, par. 42.31Amends 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. 2/10/2010SenateFiled with Secretary by Sen. John J. Millner 2/10/2010SenateFirst Reading 2/10/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Executive 3/5/2010SenateRule 2-10 Committee Deadline Established As March 19, 2010 3/8/2010SenateTo Executive Subcommittee on State And Local Government 3/10/2010SenatePostponed - Executive 3/17/2010SenateAdded as Co-Sponsor Sen. Kyle McCarter 3/19/2010SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die