IL HB2942 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 18 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Spending Reduction and Revenue Control Act. Provides that the General Assembly shall not enact any bill that either (i) creates new State taxes or (ii) increases existing State taxes until an appropriation bill or bills are passed that, in the aggregate, represent a reduction in the spending levels from the previous fiscal year. Provides that every State agency shall submit to the General Assembly a recommended list of spending efficiencies and budget reductions they deem necessary in order to help the General Assembly comply with the provisions of the Act. Effective immediately.

Tracking Information

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Title

REVENUE-SPENDING REDUCTION

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-18HouseTo Income Tax Subcommittee
2021-03-09HouseAssigned to Revenue & Finance Committee
2021-02-19HouseReferred to Rules Committee
2021-02-19HouseFirst Reading
2021-02-18HouseFiled with the Clerk by Rep. Charles Meier

Illinois State Sources


Bill Comments

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