SB 1541 Illinois Senate · 95th Regular Session

GEN FUNDS REVENUE ESTIMATE

Summary
Amends the Budget Stabilization Act. Requires the Governor's Office of Management and Budget to make public a certified general funds revenue estimate for the current fiscal year at the same time the Governor submits a budget for the upcoming fiscal year. Requires actual revenues that exceed the certified estimate to be deposited into the Budget Stabilization Fund to be used to pay prior fiscal year liabilities, pension liabilities, and bond debt. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2007 Last action Jan 13, 2009
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 13, 2009
Senate · Failed
Session Sine Die
Feb 9, 2007
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Christine Radogno
Christine Radogno
RRepublican
IL
41