<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5627         </title>
<shortdesc>AUDIT EXPENSE FUND TRANSFERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert Rita</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/6z-27</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Finance Act. Provides that, within 30 days after the effective date of the amendatory Act, the State Comptroller shall order transferred and the State Treasurer shall transfer from the listed funds moneys in the specific amounts for deposit into the Audit Expense Fund. Effective immediately.</SynopsisText><synopsistitle>Judicial Note (Admin Office of the Illinois Courts)</synopsistitle>
<SynopsisText>This bill would neither increase nor decrease the number of judges needed in the State. </SynopsisText><synopsistitle>State Debt Impact Note (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>HB 5627 would not change the amount of authorization for any type of State-issued of State-supported bond, and, therefore, would not affect the level of State indebtedness. </SynopsisText><synopsistitle>Pension Note (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>HB 5627 will not impact any public pension fund or retirement system in Illinois. </SynopsisText><synopsistitle>Fiscal Note (Auditor General)</synopsistitle>
<SynopsisText>HB 5627 does not require the expenditure of State funds or increase or decrease State revenue. The transferred amounts are deposited into the Audit Expense Fund, a State Treasury fund, and monies in the fund are expended only as authorized by appropriation. </SynopsisText><synopsistitle>Balanced Budget Note (Office of Management and Budget)</synopsistitle>
<SynopsisText>This bill will have a $19 million impact on general funds, a $3.8 million impact on several other state funds, and a $90 thousand impact on federal funds listed. The Governor's Office of Management and Budget estimates that it will increase the Audit Expense Fund by approximately $23 million.</SynopsisText><synopsistitle>Correctional Note (Dept of Corrections)</synopsistitle>
<SynopsisText>This bill has no fiscal or population impact on the Department of Corrections. </SynopsisText><synopsistitle>Housing Affordability Impact Note (Housing Development Authority)</synopsistitle>
<SynopsisText>This bill will have no effect on the cost of constructing, purchasing, owning, or selling a single-family residence. </SynopsisText><synopsistitle>Home Rule Note (Dept. of Commerce &amp; Economic Opportunity)</synopsistitle>
<SynopsisText>This legislation does not pre-empt home authority. </SynopsisText><synopsistitle>State Mandates Fiscal Note (Dept. of Commerce &amp; Economic Opportunity)</synopsistitle>
<SynopsisText>This legislation does not create a State mandate. </SynopsisText></synopsis>
<actions>
<statusdate>2/9/2016</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert Rita</action>
<statusdate>2/10/2016</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/10/2016</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/23/2016</statusdate><chamber>House</chamber><action>Assigned to Appropriations-General Services Committee</action>
<statusdate>4/5/2016</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Appropriations-General Services Committee;  011-005-000</action>
<statusdate>4/6/2016</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/12/2016</statusdate><chamber>House</chamber><action>Judicial Note Filed</action>
<statusdate>4/12/2016</statusdate><chamber>House</chamber><action>State Debt Impact Note Filed</action>
<statusdate>4/12/2016</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>4/12/2016</statusdate><chamber>House</chamber><action>Fiscal Note Filed</action>
<statusdate>4/12/2016</statusdate><chamber>House</chamber><action>Balanced Budget Note Filed</action>
<statusdate>4/13/2016</statusdate><chamber>House</chamber><action>Correctional Note Filed</action>
<statusdate>4/14/2016</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/14/2016</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/15/2016</statusdate><chamber>House</chamber><action>Housing Affordability Impact Note Filed</action>
<statusdate>4/19/2016</statusdate><chamber>House</chamber><action>Home Rule Note Filed</action>
<statusdate>4/19/2016</statusdate><chamber>House</chamber><action>State Mandates Fiscal Note Filed</action>
<statusdate>4/22/2016</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

