Illinois General Assembly - Full Text of HR1157

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Full Text of HR1157 98th General Assembly

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HR1157 98TH GENERAL ASSEMBLY

HR1157 LRB098 21561 HLH 60244 r

1 HOUSE RESOLUTION

2 WHEREAS, Under subsection (b) of Section 2 of Article VIII
3 of the Illinois Constitution, appropriations for a fiscal year
4 shall not exceed funds estimated by the General Assembly to be
5 available during that year; therefore, be it

6 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
7 NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
8 the House of Representatives estimates the general funds to be
9 available during State fiscal year 2015 as follows:

10 Revenue Sources House Estimate
(in millions)
11 State Taxes
12 Personal Income Tax (net of refunds) $14,846
13 Corporate Income Tax (net of
14 refunds) $2,810
15 Sales Tax $7,842
16 Public Utility (regular) $1,005
17 Cigarette Tax $355
18 Liquor Gallonage Taxes $165
19 Vehicle Use Tax $29
20 Inheritance Tax (gross) $205
21 Insurance Taxes & Fees $330
22 Corporate Franchise Tax & Fees $205

HR1157 - 2 - LRB098 21561 HLH 60244 r

1 Interest on State Funds &
2 Investments $25
3 Cook County Intergovernmental
4 Transfer $244
5 Other Sources $486
6 Subtotal $28,547
7
8 Transfers
9 Lottery $682
10 Riverboat transfers and receipts $310
11 Other $1,540
12 Total State Sources $31,074
13
14 Federal Sources $4,273
15
16 Total Federal & State Sources $35,352

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