Illinois General Assembly - Full Text of HR0842
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Full Text of HR0842  98th General Assembly

HR0842ham001 98TH GENERAL ASSEMBLY

 


 
HR0842HAM001LRB098 20340 ZMM 56057 a

1
AMENDMENT TO HOUSE RESOLUTION 842

2    AMENDMENT NO. ___. Amend House Resolution 842 by replacing
3line 2 on page 1 through line 16 on page 2 with the following:
 
4    "WHEREAS, Under subsection (b) of Section 2 of Article VIII
5of the Illinois Constitution, appropriations for a fiscal year
6shall not exceed funds estimated by the General Assembly to be
7available during that year; therefore, be it
 
8    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
9NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
10the House of Representatives estimates the general funds to be
11available during State fiscal year 2015 as follows:
 
 
12Revenue Sources House Estimate
 (in millions)
13State Taxes
14Personal Income Tax (net of refunds)$14,649

 

 

HR0842HAM001- 2 -LRB098 20340 ZMM 56057 a

1Corporate Income Tax (net of
2refunds)$2,810
3Sales Tax$7,842
4Public Utility (regular)$995
5Cigarette Tax$355
6Liquor Gallonage Taxes$165
7Vehicle Use Tax$29
8Inheritance Tax (gross)$205
9Insurance Taxes & Fees$330
10Corporate Franchise Tax & Fees$205
11Interest on State Funds &
12Investments$25
13Cook County Intergovernmental
14Transfer$244
15Other Sources$486
16Subtotal$28,340
17
18Transfers
19Lottery$682
20Riverboat transfers and receipts$310
21Other$890
22Total State Sources$30,222
23
24Federal Sources$4,273
25
26Total Federal & State Sources$34,495".