Fiscal notes serve as price tags on bills in the General Assembly. Lawmakers’ habit of omitting them limits their ability to make well-informed decisions.
House Bill 2379 would require fiscal impact statements on every executive order. However, less than 3 percent of bills enacted into law in the 99th General Assembly had fiscal notes.
After years of enhanced revenue from federal aid, a return to the basic principles of budgeting can put Illinois on the path to long-term financial stability