HB 4054

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: May 14, 2025.

BUDGET-REVISE REVENUE FORECAST.

Bill ID IL-104-HB-4054

Session 104

Status in_committee

Committee Rules Committee

House of Representatives in_committee 2025-05-14

Tax / Budget / Appropriations

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

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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