IL SJRCA0008 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Proposes to amend the Legislature Article of the Illinois Constitution concerning the passage of revenue bills. A bill that would result in the increase of revenue may become law only with the concurrence of two-thirds of the members elected to each house of the General Assembly. Proposes to amend the Finance Article of the Illinois Constitution concerning the State budget. Provides that the rate of growth in total State expenditures in any fiscal year over the prior fiscal year is limited to: (i) the percentage increase in the annual rate of increase, for the previous calendar year, of the Consumer Price Index; plus (ii) the rate of increase in the State's population for the same 12-month period. Requires the State to maintain a reserve fund equal to 3% of the enacted budget for the prior fiscal year. Effective on being declared adopted in accordance with Section 7 of the Illinois Constitutional Amendment Act.
Title
REVENUE/FINANCE INCREASES
Sponsors
Sen. Matt Murphy [R] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2011-03-29 | Senate | To Executive Subcommittee on Constitutional Amendments |
2011-03-03 | Senate | Assigned to Executive |
2011-02-08 | Senate | Referred to Assignments |
2011-02-08 | Senate | Filed with Secretary |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=8&GAID=11&DocTypeID=SJRCA&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/SJRCA/09700SC0008.htm |