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<xml>
<title>Illinois General Assembly - Bill Status for HB 5079   </title>
<shortdesc>BUDGET-DECLARE BALANCED</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sidney H. Mathias</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</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. With respect to fiscal year appropriations, requires the General Assembly to take into account (i) whether the previous fiscal year's revenues were sufficient to pay for all obligations incurred during that fiscal year or whether those obligations were shifted to future years and (ii) whether revenues for the budgeted fiscal year can be reasonably projected to meet appropriations for the budgeted fiscal year. For each budgeted fiscal year, requires the General Assembly, by the same joint resolution adopted by record vote, to declare that the budget is balanced. Makes revisory changes.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sidney H. Mathias</action>
<statusdate>2/7/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/7/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

