97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0111

 

Introduced 1/12/2011, by Rep. Michael Unes

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/11.2 new

    Amends the State Finance Act. Requires PAYGO budgeting. Provides that if a Public Act requires additional spending from State funds, then no appropriation for the additional spending required by the Public Act may be obligated or expended unless the Commission on Government Forecasting and Accountability certifies to the State Comptroller that the same or another Public Act specifically identifies adequate decreases in expenditures or enhancements in revenues to completely offset the additional spending required by the Public Act. Effective immediately.


LRB097 05590 PJG 45652 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0111LRB097 05590 PJG 45652 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The State Finance Act is amended by adding
5Section 11.2 as follows:
 
6    (30 ILCS 105/11.2 new)
7    Sec. 11.2. PAYGO budgeting. If a Public Act requires
8additional spending from State funds, then no appropriation for
9the additional spending required by the Public Act may be
10obligated or expended unless the Commission on Government
11Forecasting and Accountability certifies to the State
12Comptroller that the same or another Public Act specifically
13identifies adequate decreases in expenditures or enhancements
14in revenues to completely offset the additional spending
15required by the Public Act.
 
16    Section 99. Effective date. This Act takes effect upon
17becoming law.