HB 1410

  • Illinois House Bill
  • 104th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Taxpayer Fiscal Charter Act

Abstract

Creates the Taxpayers' Fiscal Charter Act. Provides for a discretionary spending freeze for fiscal years 2026 and 2027. Sets forth requirements to increase discretionary spending beginning in fiscal year 2028. Requires any new spending proposed by the General Assembly in addition to existing obligations to be accompanied by a proposed source of revenue to pay for the proposed spending or specified cuts necessary to offset the proposed spending. Prohibits unfunded mandates. Requires the publishing of certain information before voting on or enacting an appropriations bill. Effective immediately.

Bill Sponsors (1)

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Jan 28, 2025

House

First Reading

House

Referred to Rules Committee

Jan 16, 2025

House

Filed with the Clerk by Rep. Christopher "C.D." Davidsmeyer

Bill Text

Bill Text Versions Format
Introduced HTML PDF

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Sources

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