SB1790 EnrolledLRB103 28422 JDS 54802 b SB1790 Enrolled LRB103 28422 JDS 54802 b
SB1790 Enrolled LRB103 28422 JDS 54802 b
1 AN ACT concerning State government.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 (25 ILCS 130/4-4 rep.)
5 (25 ILCS 130/4-5 rep.)
6 (25 ILCS 130/4-6 rep.)
7 Section 5. The Legislative Commission Reorganization Act
8 of 1984 is amended by repealing Sections 4-4, 4-5, and 4-6.
9 Section 10. The Commission on Government Forecasting and
10 Accountability Act is amended by changing Sections 3 and 4 as
11 follows:
12 (25 ILCS 155/3) (from Ch. 63, par. 343)
13 Sec. 3. The Commission shall:
14 (1) Study from time to time and report to the General
15 Assembly on economic development and trends in the State.
16 (2) Make such special economic and fiscal studies as
17 it deems appropriate or desirable or as the General
18 Assembly may request.
19 (3) Based on its studies, recommend such State fiscal
20 and economic policies as it deems appropriate or desirable
21 to improve the functioning of State government and the
22 economy of the various regions within the State.
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1 (4) Prepare annually a State economic report.
2 (5) Provide information for all appropriate
3 legislative organizations and personnel on economic trends
4 in relation to long range planning and budgeting.
5 (6) Study and make such recommendations as it deems
6 appropriate to the General Assembly on local and regional
7 economic and fiscal policy and on federal fiscal policy as
8 it may affect Illinois.
9 (7) Review capital expenditures, appropriations and
10 authorizations for both the State's general obligation and
11 revenue bonding authorities. At the direction of the
12 Commission, specific reviews may include economic
13 feasibility reviews of existing or proposed revenue bond
14 projects to determine the accuracy of the original
15 estimate of useful life of the projects, maintenance
16 requirements and ability to meet debt service requirements
17 through their operating expenses.
18 (8) Receive and review all executive agency and
19 revenue bonding authority annual and 3 year plans. The
20 Commission shall prepare a consolidated review of these
21 plans, an updated assessment of current State agency
22 capital plans, a report on the outstanding and unissued
23 bond authorizations, an evaluation of the State's ability
24 to market further bond issues and shall submit them as the
25 "Legislative Capital Plan Analysis" to the House and
26 Senate Appropriations Committees at least once a year. The
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1 Commission shall annually submit to the General Assembly
2 on the first Wednesday of April a report on the State's
3 long-term capital needs, with particular emphasis upon and
4 detail of the 5-year period in the immediate future.
5 (9) Study and make recommendations it deems
6 appropriate to the General Assembly on State bond
7 financing, bondability guidelines, and debt management. At
8 the direction of the Commission, specific studies and
9 reviews may take into consideration short and long-run
10 implications of State bonding and debt management policy.
11 (10) Comply with the provisions of the "State Debt
12 Impact Note Act" as now or hereafter amended.
13 (11) Comply with the provisions of the Pension Impact
14 Note Act, as now or hereafter amended.
15 (12) Prepare By August 1st of each year, the
16 Commission must prepare and cause to be published by
17 August 1 of each year a summary report of State
18 appropriations for the State fiscal year beginning the
19 previous July 1st, except that, if no State appropriations
20 have been enacted by July 1 for the State fiscal year, then
21 the summary report shall be prepared and published within
22 60 days after the enactment of appropriations for that
23 State fiscal year. The summary report must discuss major
24 categories of appropriations, the issues the General
25 Assembly faced in allocating appropriations, comparisons
26 with appropriations for previous State fiscal years, and
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1 other matters helpful in providing the citizens of
2 Illinois with an overall understanding of appropriations
3 for that fiscal year. The summary report must be written
4 in plain language and designed for readability, and it
5 must be provided in a report to the General Assembly and
6 published on the General Assembly's website. Publication
7 must be in newspapers of general circulation in the
8 various areas of the State to ensure distribution
9 statewide. The summary report must also be published on
10 the General Assembly's web site.
11 (13) Comply with the provisions of the State
12 Facilities Closure Act.
13 (14) For fiscal year 2012 and thereafter, develop a
14 3-year budget forecast for the State, including
15 opportunities and threats concerning anticipated revenues
16 and expenditures, with an appropriate level of detail.
17 (15) Perform the powers, duties, rights, and
18 responsibilities of the Legislative Research Unit as
19 transferred to the Commission under Section 7.
20 The requirement for reporting to the General Assembly
21 shall be satisfied by filing copies of the report as required
22 by Section 3.1 of the General Assembly Organization Act, and
23 filing such additional copies with the State Government Report
24 Distribution Center for the General Assembly as is required
25 under paragraph (t) of Section 7 of the State Library Act.
26 (Source: P.A. 100-1148, eff. 12-10-18.)
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1 (25 ILCS 155/4) (from Ch. 63, par. 344)
2 Sec. 4. (a) The Commission shall publish, during at the
3 convening of each regular session of the General Assembly, a
4 report on the estimated income of the State from all
5 applicable revenue sources for the next ensuing fiscal year
6 and of any other funds estimated to be available for such
7 fiscal year. The Commission, in its discretion, may consult
8 with the Governor's Office of Management and Budget in
9 preparing the report. By On the third Wednesday in March after
10 the session convenes, the Commission shall issue the report
11 required by this Section containing the a revised and updated
12 set of revenue figures reflecting the latest available
13 information. The House and Senate by joint resolution shall
14 adopt or modify such estimates as may be appropriate. The
15 joint resolution shall constitute the General Assembly's
16 estimate, under paragraph (b) of Section 2 of Article VIII of
17 the Constitution, of the funds estimated to be available
18 during the next fiscal year.
19 (b) On the third Wednesday in March or within 14 days after
20 the Governor's budget address, whichever is later, the
21 Commission shall issue estimated:
22 (1) pension funding requirements under P.A. 86-273;
23 and
24 (2) liabilities of the State employee group health
25 insurance program.
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1 These estimated costs shall be for the fiscal year
2 beginning the following July 1.
3 (c) The requirement for reporting to the General Assembly
4 shall be satisfied by filing copies of the report as required
5 by Section 3.1 of the General Assembly Organization Act, and
6 filing such additional copies with the State Government Report
7 Distribution Center for the General Assembly as is required
8 under paragraph (t) of Section 7 of the State Library Act.
9 (Source: P.A. 100-1148, eff. 12-10-18.)
10 Section 99. Effective date. This Act takes effect upon
11 becoming law.
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