Spending cap

BETA
Introduced Feb 5, 2018
Status: Introduced

63%

37%

Summary

Provides that in no fiscal year shall the rate of growth of state government sending over the preceding fiscal year exceed the rate of growth of the Illinois economy. Provides that if the General Assembly, by a vote of a majority of the members of each house, finds that an emergency exists and identifies the nature of the emergency, the General Assembly may provide for appropriations in excess of the amount authorized. Provides that the authorized excess amount may not exceed the amount specified in the resolution.

Last Action

Referred to Rules COmmittee