HB 2942

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Revenue-Spending Reduction

Abstract

Creates the Spending Reduction and Revenue Control Act. Provides that the General Assembly shall not enact any bill that either (i) creates new State taxes or (ii) increases existing State taxes until an appropriation bill or bills are passed that, in the aggregate, represent a reduction in the spending levels from the previous fiscal year. Provides that every State agency shall submit to the General Assembly a recommended list of spending efficiencies and budget reductions they deem necessary in order to help the General Assembly comply with the provisions of the Act. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 10, 2023

House

Session Sine Die

Mar 27, 2021

House

Rule 19(a) / Re-referred to Rules Committee

Mar 18, 2021

House

To Income Tax Subcommittee

Mar 09, 2021

House

Assigned to Revenue & Finance Committee

Feb 19, 2021

House

Referred to Rules Committee

House

First Reading

Feb 18, 2021

House

Filed with the Clerk by Rep. Charles Meier

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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