IL HB5896 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 23 2024 - 25% progression
Action: 2024-11-12 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Finance Act. Provides that, beginning in 2025, the Governor's Office of Management and Budget shall, at the time set forth for the submission of the State budget under the State Budget Law, provide to the Chairperson and the Minority Spokesperson of each of the appropriations committees of the House of Representatives and the Senate, as well as to the Commission on Government Forecasting and Accountability, a report of (i) all full fiscal year transfers made among line-item appropriations under a specified provision of the Act in the previous fiscal year and during the current fiscal year to date, and (ii) all projected full fiscal year transfers to be made among line-item appropriations under that provision for the remainder of the current fiscal year and the next fiscal year, based on estimates prepared by the Governor's Office of Management and Budget. Provides that the report shall include a detailed summary of estimates upon which projected line-item transfers are based. Effective immediately.

Tracking Information

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Title

FINANCE-GOMB-BUDGET

Sponsors


History

DateChamberAction
2024-11-12HouseReferred to Rules Committee
2024-11-12HouseFirst Reading
2024-10-23HouseFiled with the Clerk by Rep. Curtis J. Tarver, II

Code Citations

ChapterArticleSectionCitation TypeStatute Text
301055iAmended CodeCitation Text

Illinois State Sources


Bill Comments

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