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HB 4054

Illinois - Session 104

House of Representatives in_committee 2025-05-14
Bill Details

Title: BUDGET-REVISE REVENUE FORECAST

Summary

Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that, if the Governor revises the original general funds revenue estimate under his initial budget proposal downward and if the new revenue estimate would result in the Governor's initial proposed expenditures exceeding the estimated general revenue available for the upcoming fiscal year, then the Governor shall submit to the General Assembly a new budget proposal by no later than May 15. Effective immediately.

Sponsor
Norine K. Hammond
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-05-14 Introduced Bill introduced
2025-05-14 Status in_committee
2025-05-14 Latest Action 5/14/2025 - House:
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