IL HB2515 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 11-3)
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

BUDGET STABILIZATION FUND

Sponsors


History

DateChamberAction
2023-03-27HouseRule 19(a) / Re-referred to Rules Committee
2023-03-22HouseHeld on Calendar Order of Second Reading - Short Debate
2023-03-22HouseSecond Reading - Short Debate
2023-03-14HouseAdded Co-Sponsor Rep. Jonathan Carroll
2023-03-14HouseAdded Co-Sponsor Rep. Anna Moeller
2023-03-14HouseAdded Co-Sponsor Rep. Barbara Hernandez
2023-03-10HouseAdded Co-Sponsor Rep. Daniel Didech
2023-03-10HouseAdded Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.
2023-03-08HouseAdded Co-Sponsor Rep. Brad Stephens
2023-03-08HouseAdded Co-Sponsor Rep. Martin J. Moylan
2023-03-07HouseAdded Co-Sponsor Rep. Matt Hanson
2023-03-02HousePlaced on Calendar 2nd Reading - Short Debate
2023-03-02HouseRemoved Co-Sponsor Rep. Jehan Gordon-Booth
2023-03-01HouseDo Pass / Short Debate State Government Administration Committee; 008-000-000
2023-03-01HouseAdded Chief Co-Sponsor Rep. Wayne A Rosenthal
2023-03-01HouseAdded Chief Co-Sponsor Rep. Tony M. McCombie
2023-02-28HouseAdded Chief Co-Sponsor Rep. Nabeela Syed
2023-02-28HouseAdded Co-Sponsor Rep. Laura Faver Dias
2023-02-23HouseAssigned to State Government Administration Committee
2023-02-23HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth
2023-02-23HouseAdded Chief Co-Sponsor Rep. Natalie A. Manley
2023-02-15HouseReferred to Rules Committee
2023-02-15HouseFirst Reading
2023-02-15HouseFiled with the Clerk by Rep. Stephanie A. Kifowit

Code Citations

ChapterArticleSectionCitation TypeStatute Text
152050-40Amended CodeCitation Text
25805Amended CodeCitation Text
301056z-51Amended CodeCitation Text
301059.08Amended CodeCitation Text
3012210Amended CodeCitation Text
3012215Amended CodeCitation Text
3012220Amended CodeCitation Text

Illinois State Sources


Bill Comments

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