Illinois HB3792 amends the Budget Law to change revenue estimates and appropriations for fiscal years starting 2027.
HB3792 amends the Budget Law of the Civil Administrative Code of Illinois to change how revenue estimates and appropriations are handled for fiscal years starting in 2027. Revenue estimates will be based solely on receipts from taxes, fees, and federal transfers, excluding debt incurred, refinanced debt, or funds transferred from another fund. Appropriations for a fiscal year will not exceed the revenue estimated by the General Assembly to be available during that year.
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- Legal Framework
- Critical Issues
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