Illinois HB 4032: NO FUNDS W/OUT REVENUE EST

Status: Referred to Rules Committee (as of 2025-04-07)

State: Illinois · Session: 104th · Bill: HB 4032

Sponsors: Norine K. Hammond, Amy Elik, Brad Stephens, Christopher "C.D." Davidsmeyer, Dan Ugaste, Jackie Haas, Jeff Keicher, John M. Cabello, Patrick Windhorst, Tony M. McCombie

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Introduced

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Introduced

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4032

Introduced 4/7/2025, by Rep. Norine K. Hammond - Amy Elik, Tony M. McCombie, Dan Ugaste, Brad Stephens, et al.

SYNOPSIS AS INTRODUCED:

New Act

Creates the Revenue Estimate Act. Provides that the General Assembly shall not enact any bill to appropriate funds within any fiscal year prior to its adoption of a joint resolution reflecting the estimate of funds available for that fiscal year as required under the Commission on Government Forecasting and Accountability Act. Effective immediately.

LRB104 12908 HLH 24433 b

A BILL FOR

HB4032LRB104 12908 HLH 24433 b

1 AN ACT concerning finance.

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

3represented in the General Assembly:

4 Section 1. Short title. This Act may be cited as the

5Revenue Estimate Act.

6 Section 5. Passage of appropriation bills prohibited

7before adoption of joint resolution. The General Assembly

8shall not enact any bill to appropriate funds within any

9fiscal year prior to its adoption of a joint resolution

10reflecting the estimate of funds available for that fiscal

11year as required under Section 4 of the Commission on

12Government Forecasting and Accountability Act.

13 Section 99. Effective date. This Act takes effect upon

14becoming law.

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