Bill Title: Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that the State of Illinois shall allocate any new and additional revenue sources that exceed the fiscal year 2020 revenue forecasts reported by the Commission on Government Forecasting and Accountability in 2019 towards the payment of current and continuing pension obligations of the State of Illinois. Defines "new and additional revenue sources". Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-01-16 - Referred to Rules Committee [HB4114 Detail]

Text: Latest bill text (Introduced) [HTML]

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