Illinois HJRCA0015 proposes a constitutional amendment to require a balanced budget based on funds estimated by the Commission on Government.
Illinois HJRCA0015 proposes to amend the Finance Article of the Illinois Constitution. It mandates that the General Assembly pass a balanced budget based on funds estimated by the Commission on Government Forecasting and Accountability, or its successor agency. The budget must set forth the estimated balance of funds available, estimated receipts, and a plan for expenditures and obligations during the fiscal year. Appropriations for a fiscal year shall not exceed funds estimated to be available for that year.
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