Bill Text: IL SB2326 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the State Budget Law of the Civil Administrative Code of Illinois. Makes a technical change in a Section concerning the Governor's submission of the State budget.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-08-15 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB2326 Detail]
Download: Illinois-2009-SB2326-Introduced.html
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1 | AN ACT concerning State government.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The State Budget Law of the Civil Administrative | |||||||||||||||||||
5 | Code of Illinois is amended by changing Section 50-5 as | |||||||||||||||||||
6 | follows:
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7 | (15 ILCS 20/50-5) (was 15 ILCS 20/38)
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8 | Sec. 50-5. Governor to submit State budget. The The | |||||||||||||||||||
9 | Governor shall, as soon as
possible and not later than the | |||||||||||||||||||
10 | third
Wednesday in March in 2009 (March 18, 2009) and the third
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11 | Wednesday in February of each year beginning in 2010, except as | |||||||||||||||||||
12 | otherwise provided in this Section, submit a
State budget, | |||||||||||||||||||
13 | embracing therein the amounts recommended by the Governor to be
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14 | appropriated to the respective departments, offices, and | |||||||||||||||||||
15 | institutions, and
for all other public purposes, the estimated | |||||||||||||||||||
16 | revenues from taxation, the
estimated revenues from sources | |||||||||||||||||||
17 | other than taxation, and an estimate of the
amount required to | |||||||||||||||||||
18 | be raised by taxation. The amounts recommended by the
Governor | |||||||||||||||||||
19 | for appropriation to the respective departments, offices and
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20 | institutions shall be formulated according to the various | |||||||||||||||||||
21 | functions and
activities for which the respective department, | |||||||||||||||||||
22 | office or institution of
the State government (including the | |||||||||||||||||||
23 | elective officers in the executive
department and including the |
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1 | University of Illinois and the judicial
department) is | ||||||
2 | responsible. The amounts relating to particular functions
and | ||||||
3 | activities shall be further formulated in accordance with the | ||||||
4 | object
classification specified in Section 13 of the State | ||||||
5 | Finance Act.
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6 | The Governor shall not propose expenditures and the General | ||||||
7 | Assembly shall
not enact appropriations that exceed the | ||||||
8 | resources estimated to be available,
as provided in this | ||||||
9 | Section.
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10 | For the purposes of Article VIII, Section 2 of the 1970
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11 | Illinois Constitution, the State budget for the following funds | ||||||
12 | shall be
prepared on the basis of revenue and expenditure | ||||||
13 | measurement concepts that are
in concert with generally | ||||||
14 | accepted accounting principles for governments:
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15 | (1) General Revenue Fund.
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16 | (2) Common School Fund.
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17 | (3) Educational Assistance Fund.
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18 | (4) Road Fund.
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19 | (5) Motor Fuel Tax Fund.
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20 | (6) Agricultural Premium Fund.
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21 | These funds shall be known as the "budgeted funds". The | ||||||
22 | revenue
estimates used in the State budget for the budgeted | ||||||
23 | funds shall include the
estimated beginning fund balance, plus
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24 | revenues estimated to be received during the budgeted year, | ||||||
25 | plus the estimated
receipts due the State as of June 30 of the | ||||||
26 | budgeted year that are expected to
be collected during the |
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1 | lapse period following the budgeted year, minus the
receipts | ||||||
2 | collected during the first 2 months of the budgeted year that | ||||||
3 | became
due to the State in the year before the budgeted year. | ||||||
4 | Revenues shall also
include estimated federal reimbursements | ||||||
5 | associated with the recognition of
Section 25 of the State | ||||||
6 | Finance Act liabilities. For any budgeted fund
for which | ||||||
7 | current year revenues are anticipated to exceed expenditures, | ||||||
8 | the
surplus shall be considered to be a resource available for | ||||||
9 | expenditure in the
budgeted fiscal year.
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10 | Expenditure estimates for the budgeted funds included in | ||||||
11 | the State budget
shall include the costs to be incurred by the | ||||||
12 | State for the budgeted year,
to be paid in the next fiscal | ||||||
13 | year, excluding costs paid in the budgeted year
which were | ||||||
14 | carried over from the prior year, where the payment is | ||||||
15 | authorized by
Section
25 of the State Finance Act. For any | ||||||
16 | budgeted fund
for which expenditures are expected to exceed | ||||||
17 | revenues in the current fiscal
year, the deficit shall be | ||||||
18 | considered as a use of funds in the budgeted fiscal
year.
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19 | Revenues and expenditures shall also include transfers | ||||||
20 | between funds that are
based on revenues received or costs | ||||||
21 | incurred during the budget year.
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22 | By
March 15 of each year, the
Commission on Government | ||||||
23 | Forecasting and Accountability shall prepare
revenue and fund | ||||||
24 | transfer estimates in accordance with the requirements of this
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25 | Section and report those estimates to the General Assembly and | ||||||
26 | the Governor.
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1 | For all funds other than the budgeted funds, the proposed | ||||||
2 | expenditures shall
not exceed funds estimated to be available | ||||||
3 | for the fiscal year as shown in the
budget. Appropriation for a | ||||||
4 | fiscal year shall not exceed funds estimated by
the General | ||||||
5 | Assembly to be available during that year.
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6 | (Source: P.A. 96-1, eff. 2-17-09.)
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