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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 SENATE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT SC0062
Introduced 1/19/2006, by Sen. Bill Brady SYNOPSIS AS INTRODUCED: |
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Proposes to amend the Finance Article of the Illinois Constitution. Provides for biennial budgets and appropriations. Defines a "fiscal biennium" as July 1 of each odd-numbered year though June 30 of the ensuing odd-numbered year. Effective upon being declared adopted.
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A BILL FOR
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SC0062 |
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LRB094 18645 RCE 53998 e |
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| SENATE SENATE JOINT RESOLUTION
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| CONSTITUTIONAL AMENDMENT
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| RESOLVED, BY THE SENATE OF THE NINETY-FOURTH GENERAL |
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| ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES |
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| CONCURRING HEREIN, that there shall be submitted to the |
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| electors of the State for adoption or rejection at the general |
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| election next occurring at least 6 months after the adoption of |
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| this resolution a proposition to amend Section 2 of Article |
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| VIII of the Illinois Constitution as follows:
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| ARTICLE VIII
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| FINANCE
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| (ILCON Art. VIII, Sec. 2)
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| SECTION 2. STATE FINANCE
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| (a) The Governor shall prepare and submit to the General |
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| Assembly, at
a time prescribed by law, a State budget for the |
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| ensuing fiscal biennium
year.
The budget shall set forth the |
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| estimated balance of funds available for
appropriation at the |
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| beginning of the fiscal biennium
year, the estimated
receipts, |
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| and a plan for expenditures and obligations during the fiscal
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| biennium
year of every department, authority, public |
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| corporation and quasi-public
corporation of the State, every |
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| State college and university, and every
other public agency |
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| created by the State, but not of units of local
government or |
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| school districts. The budget shall also set forth the
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| indebtedness and contingent liabilities of the State and such |
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| other
information as may be required by law. Proposed |
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| expenditures shall not
exceed funds estimated to be available |
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| for the fiscal biennium
year as shown in
the budget.
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| (b) The General Assembly by law shall make appropriations |
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| for all
expenditures of public funds by the State. |
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| Appropriations for a fiscal
biennium
year shall not exceed |
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| funds estimated by the General Assembly to be
available during |
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| that biennium
year.
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