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92_HC0014
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1 HOUSE JOINT RESOLUTION
2 CONSTITUTIONAL AMENDMENT
3 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
4 NINETY-SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
5 SENATE CONCURRING HEREIN, that there shall be submitted to
6 the electors of the State for adoption or rejection at the
7 general election next occurring at least 6 months after the
8 adoption of this resolution a proposition to amend Section 2
9 of Article VIII of the Illinois Constitution as follows:
10 ARTICLE VIII
11 FINANCE
12 (ILCON Art. VIII, Sec. 2)
13 SECTION 2. STATE FINANCE
14 (a) The Governor shall prepare and submit to the General
15 Assembly, at a time prescribed by law, a State budget for the
16 ensuing fiscal year. The budget shall set forth the estimated
17 balance of funds available for appropriation at the beginning
18 of the fiscal year, the estimated receipts, and a plan for
19 expenditures and obligations during the fiscal year of every
20 department, authority, public corporation and quasi-public
21 corporation of the State, every State college and university,
22 and every other public agency created by the State, but not
23 of units of local government or school districts. The budget
24 shall also set forth the indebtedness and contingent
25 liabilities of the State and such other information as may be
26 required by law. Proposed expenditures shall not exceed funds
27 estimated to be available for the fiscal year as shown in the
28 budget.
29 (b) The General Assembly by law shall make
30 appropriations for all expenditures of public funds by the
31 State. Appropriations for a fiscal year shall not exceed
32 funds estimated by the General Assembly to be available
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1 during that year.
2 (c) The aggregate of appropriations for the expenditure
3 of public funds by the State for a fiscal year shall not
4 exceed the aggregate of appropriations for the expenditure of
5 public funds by the State for the preceding fiscal year by
6 more than 3% or, if a cost of living index has been
7 designated by law for this purpose, the percentage increase
8 from the previous year in the cost of living based on that
9 index, whichever is less. The General Assembly may exceed the
10 limit on the aggregate appropriations for the expenditure of
11 public funds by the State for a fiscal year only by an
12 affirmative record vote of three-fifths of the members
13 elected to each house.
14 (Source: Illinois Constitution.)
15 SCHEDULE
16 This Constitutional Amendment takes effect upon being
17 declared adopted in accordance with Section 7 of the Illinois
18 Constitutional Amendment Act.