92nd General Assembly
Status of HB6299
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 Full Text  Bill Summary

   15 ILCS 20/50-25 new                                                        

        Amends the State Budget Law of the Civil Administrative  Code  of      
   Illinois.  Beginning  with  fiscal  year  2004,  requires that a State      
   agency's total appropriations shall not exceed its total  fiscal  year      
   2003  appropriations.   Exempts  elementary  and  secondary  education      
   appropriations.   Beginning with fiscal year 2004, requires that State      
   revenues received in excess of the total fiscal year 2003 State budget      
   shall be transferred into  the  Budget  Stabilization  Fund.   Exempts      
   revenues  necessary  for  that  portion  of  elementary  and secondary      
   education appropriations in excess of fiscal year 2003 appropriations.      
   Effective immediately.                                                      
   AUG-19-2002  H  FILED WITH CLERK                                               
   NOV-07-2002  H  FIRST READING                                                  
   NOV-07-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary