Bill Text: IL HB1886 | 2025-2026 | 104th General Assembly | Introduced

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Bill Title: Amends the State Finance Act. Provides that, beginning in 2026, 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-02-25 - Assigned to Revenue & Finance Committee [HB1886 Detail]

Download: Illinois-2025-HB1886-Introduced.html

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104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1886 Introduced , by Rep. Curtis J. Tarver, II SYNOPSIS AS INTRODUCED:
30 ILCS 105/5i
Amends the State Finance Act. Provides that, beginning in 2026, 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.
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A BILL FOR
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AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The State Finance Act is amended by changing
Section 5i as follows:
(30 ILCS 105/5i)
Sec. 5i. Transfer reports Transfers.
(a) Each year, the Governor's Office of Management and
Budget shall, at the time set forth for the submission of the
State budget under Section 50-5 of 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 a report of (i) all full fiscal
year transfers from State general funds to any other special
fund of the State in the previous fiscal year and during the
current fiscal year to date, and (ii) all projected full
fiscal year transfers from State general funds to those funds
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. The report shall include a
detailed summary of the estimates upon which the projected
transfers are based. The report shall also indicate, for each
transfer:

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(1) whether or not there is statutory authority for
the transfer;
(2) if there is statutory authority for the transfer,
whether that statutory authority exists for the next
fiscal year; and
(3) whether there is debt service associated with the
transfer.
(b) Beginning in 2026, the Governor's Office of Management
and Budget shall, at the time set forth for the submission of
the State budget under Section 50-5 of 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 Section 13.2 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 Section 13.2 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. The report shall include a detailed summary of
estimates upon which projected line-item transfers are based.
(c) The General Assembly shall consider the reports
described in this Section report in the appropriations
process.

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(Source: P.A. 98-24, eff. 6-19-13; 98-756, eff. 7-16-14.)
Section 99. Effective date. This Act takes effect upon
becoming law.