Illinois SB 1546: BUDGET-SPENDING CAP

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB1546

Introduced 2/4/2025, by Sen. Suzy Glowiak Hilton 

SYNOPSIS AS INTRODUCED:

15 ILCS 20/50-5

 Amends the State Budget Law of the Civil Administrative Code. Provides that, beginning with the budget prepared for Fiscal Year 2027, the rate of growth of appropriations from the State general funds over the preceding fiscal year appropriations from the State general funds shall not exceed the rate of growth of the Illinois economy. Provides that the rate of growth of the Illinois economy is the compound annual growth rate of the gross domestic product in the State over the preceding 10 calendar years, calculated using data reported by the United States Bureau of Economic Analysis or its successor agency before the December 31 that immediately precedes the beginning of the applicable fiscal year.

LRB104 10316 SPS 20390 b

A BILL FOR

SB1546LRB104 10316 SPS 20390 b

1 AN ACT concerning State government.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The State Budget Law of the Civil 

5Administrative Code of Illinois is amended by changing Section 

650-5 as follows:

7 (15 ILCS 20/50-5)

8 Sec. 50-5. Governor to submit State budget. 

9 (a) The Governor shall, as soon as possible and not later 

10than the second Wednesday in March in 2010 (March 10, 2010), 

11the third Wednesday in February in 2011, the fourth Wednesday 

12in February in 2012 (February 22, 2012), the first Wednesday 

13in March in 2013 (March 6, 2013), the fourth Wednesday in March 

14in 2014 (March 26, 2014), the first Wednesday in February in 

152022 (February 2, 2022), and the third Wednesday in February 

16of each year thereafter, exc