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<xml>
<title>Illinois General Assembly - Bill Status for SB 1863         </title>
<shortdesc>STATE BUDGET-RATE OF GROWTH</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jason A. Barickman-Dale Fowler-Dan McConchie-Jason Plummer and Terri Bryant</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 20/50-5</reference><aliasreference></aliasreference><SynopsisText>Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that beginning with budgets prepared for fiscal year 2022, the rate of growth of general funds appropriations in a fiscal year shall not exceed the rate of growth of the Illinois economy. Defines "rate of growth of the Illinois economy". Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jason A. Barickman</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/16/2021</statusdate><chamber>Senate</chamber><action>Assigned to Appropriations</action>
<statusdate>3/16/2021</statusdate><chamber>Senate</chamber><action>To Appropriations- Revenue and Finance</action>
<statusdate>3/23/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dale Fowler</action>
<statusdate>3/23/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan McConchie</action>
<statusdate>3/25/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jason Plummer</action>
<statusdate>4/13/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Terri Bryant</action>
<statusdate>4/16/2021</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

