|Public Act 096-1354
|LRB096 18668 RCE 34052 b
AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Governor's Office of Management and Budget
Act is amended by adding Section 7.3 as follows:
(20 ILCS 3005/7.3 new)
Annual economic and fiscal policy report.
January 1 of each year, the Governor's Office of Management and
Budget shall submit an economic and fiscal policy report to the
General Assembly. The report must outline the long-term
economic and fiscal policy objectives of the State, the
economic and fiscal policy intentions for the upcoming fiscal
year, and the economic and fiscal policy intentions for the
following 2 fiscal years. The report must highlight the total
level of revenue, expenditure, deficit or surplus, and debt
with respect to each of the reporting categories. The report
must be posted on the Office's Internet website and allow
members of the public to post comments concerning the report.
This Act takes effect upon