Illinois General Assembly - Bill Status for HB2515
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 Bill Status of HB2515  103rd General Assembly


Short Description:  BUDGET STABILIZATION FUND

House Sponsors
Rep. Stephanie A. Kifowit - Tony M. McCombie - Wayne A Rosenthal - Natalie A. Manley - Nabeela Syed, Laura Faver Dias, Matt Hanson, Martin J. Moylan, Brad Stephens, Lawrence "Larry" Walsh, Jr., Daniel Didech, Barbara Hernandez, Anna Moeller and Jonathan Carroll

Last Action
DateChamber Action
  3/27/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
15 ILCS 20/50-40
25 ILCS 80/5from Ch. 63, par. 42.93-5
30 ILCS 105/6z-51
30 ILCS 105/9.08
30 ILCS 122/10
30 ILCS 122/15
30 ILCS 122/20


Synopsis As Introduced
Amends the Balanced Budget Note Act. Specifies that the Pension Stabilization Fund is a general fund for purposes of identifying supplemental appropriation bills. Amends the State Finance Act. Provides that the monthly reports on State liabilities submitted to the Comptroller by the Department on Aging, the Department of Healthcare and Family Services, the Department of Human Services, the Department of Central Management Services, and the Department of Revenue shall also include certain supplemental information. Amends the Budget Stabilization Act. Modifies provisions placing limits on amounts that may be appropriated, transferred, or diverted by the General Assembly from general funds. Modifies provisions concerning requirements for and transfers into the Budget Stabilization Fund and the Pension Stabilization Fund based on the State's accounts payable. Makes changes to the definition of "estimated general funds revenues". Effective immediately.

Actions 
DateChamber Action
  2/15/2023HouseFiled with the Clerk by Rep. Stephanie A. Kifowit
  2/15/2023HouseFirst Reading
  2/15/2023HouseReferred to Rules Committee
  2/23/2023HouseAdded Chief Co-Sponsor Rep. Natalie A. Manley
  2/23/2023HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth
  2/23/2023HouseAssigned to State Government Administration Committee
  2/28/2023HouseAdded Co-Sponsor Rep. Laura Faver Dias
  2/28/2023HouseAdded Chief Co-Sponsor Rep. Nabeela Syed
  3/1/2023HouseAdded Chief Co-Sponsor Rep. Tony M. McCombie
  3/1/2023HouseAdded Chief Co-Sponsor Rep. Wayne A Rosenthal
  3/1/2023HouseDo Pass / Short Debate State Government Administration Committee; 008-000-000
  3/2/2023HouseRemoved Co-Sponsor Rep. Jehan Gordon-Booth
  3/2/2023HousePlaced on Calendar 2nd Reading - Short Debate
  3/7/2023HouseAdded Co-Sponsor Rep. Matt Hanson
  3/8/2023HouseAdded Co-Sponsor Rep. Martin J. Moylan
  3/8/2023HouseAdded Co-Sponsor Rep. Brad Stephens
  3/10/2023HouseAdded Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.
  3/10/2023HouseAdded Co-Sponsor Rep. Daniel Didech
  3/14/2023HouseAdded Co-Sponsor Rep. Barbara Hernandez
  3/14/2023HouseAdded Co-Sponsor Rep. Anna Moeller
  3/14/2023HouseAdded Co-Sponsor Rep. Jonathan Carroll
  3/22/2023HouseSecond Reading - Short Debate
  3/22/2023HouseHeld on Calendar Order of Second Reading - Short Debate
  3/27/2023HouseRule 19(a) / Re-referred to Rules Committee

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