4 | | - | AN ACT concerning State government. |
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5 | | - | Be it enacted by the People of the State of Illinois, |
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6 | | - | represented in the General Assembly: |
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7 | | - | (25 ILCS 130/4-4 rep.) |
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8 | | - | (25 ILCS 130/4-5 rep.) |
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9 | | - | (25 ILCS 130/4-6 rep.) |
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10 | | - | Section 5. The Legislative Commission Reorganization Act |
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11 | | - | of 1984 is amended by repealing Sections 4-4, 4-5, and 4-6. |
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12 | | - | Section 10. The Commission on Government Forecasting and |
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13 | | - | Accountability Act is amended by changing Sections 3 and 4 as |
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14 | | - | follows: |
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15 | | - | (25 ILCS 155/3) (from Ch. 63, par. 343) |
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16 | | - | Sec. 3. The Commission shall: |
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17 | | - | (1) Study from time to time and report to the General |
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18 | | - | Assembly on economic development and trends in the State. |
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19 | | - | (2) Make such special economic and fiscal studies as |
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20 | | - | it deems appropriate or desirable or as the General |
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21 | | - | Assembly may request. |
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22 | | - | (3) Based on its studies, recommend such State fiscal |
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23 | | - | and economic policies as it deems appropriate or desirable |
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24 | | - | to improve the functioning of State government and the |
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25 | | - | economy of the various regions within the State. |
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| 3 | + | 1 AN ACT concerning State government. |
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| 4 | + | 2 Be it enacted by the People of the State of Illinois, |
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| 5 | + | 3 represented in the General Assembly: |
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| 6 | + | 4 (25 ILCS 130/4-4 rep.) |
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| 7 | + | 5 (25 ILCS 130/4-5 rep.) |
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| 8 | + | 6 (25 ILCS 130/4-6 rep.) |
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| 9 | + | 7 Section 5. The Legislative Commission Reorganization Act |
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| 10 | + | 8 of 1984 is amended by repealing Sections 4-4, 4-5, and 4-6. |
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| 11 | + | 9 Section 10. The Commission on Government Forecasting and |
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| 12 | + | 10 Accountability Act is amended by changing Sections 3 and 4 as |
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| 13 | + | 11 follows: |
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| 14 | + | 12 (25 ILCS 155/3) (from Ch. 63, par. 343) |
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| 15 | + | 13 Sec. 3. The Commission shall: |
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| 16 | + | 14 (1) Study from time to time and report to the General |
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| 17 | + | 15 Assembly on economic development and trends in the State. |
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| 18 | + | 16 (2) Make such special economic and fiscal studies as |
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| 19 | + | 17 it deems appropriate or desirable or as the General |
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| 20 | + | 18 Assembly may request. |
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| 21 | + | 19 (3) Based on its studies, recommend such State fiscal |
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| 22 | + | 20 and economic policies as it deems appropriate or desirable |
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| 23 | + | 21 to improve the functioning of State government and the |
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| 24 | + | 22 economy of the various regions within the State. |
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32 | | - | (4) Prepare annually a State economic report. |
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33 | | - | (5) Provide information for all appropriate |
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34 | | - | legislative organizations and personnel on economic trends |
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35 | | - | in relation to long range planning and budgeting. |
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36 | | - | (6) Study and make such recommendations as it deems |
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37 | | - | appropriate to the General Assembly on local and regional |
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38 | | - | economic and fiscal policy and on federal fiscal policy as |
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39 | | - | it may affect Illinois. |
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40 | | - | (7) Review capital expenditures, appropriations and |
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41 | | - | authorizations for both the State's general obligation and |
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42 | | - | revenue bonding authorities. At the direction of the |
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43 | | - | Commission, specific reviews may include economic |
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44 | | - | feasibility reviews of existing or proposed revenue bond |
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45 | | - | projects to determine the accuracy of the original |
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46 | | - | estimate of useful life of the projects, maintenance |
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47 | | - | requirements and ability to meet debt service requirements |
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48 | | - | through their operating expenses. |
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49 | | - | (8) Receive and review all executive agency and |
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50 | | - | revenue bonding authority annual and 3 year plans. The |
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51 | | - | Commission shall prepare a consolidated review of these |
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52 | | - | plans, an updated assessment of current State agency |
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53 | | - | capital plans, a report on the outstanding and unissued |
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54 | | - | bond authorizations, an evaluation of the State's ability |
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55 | | - | to market further bond issues and shall submit them as the |
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56 | | - | "Legislative Capital Plan Analysis" to the House and |
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57 | | - | Senate Appropriations Committees at least once a year. The |
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| 33 | + | 1 (4) Prepare annually a State economic report. |
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| 34 | + | 2 (5) Provide information for all appropriate |
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| 35 | + | 3 legislative organizations and personnel on economic trends |
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| 36 | + | 4 in relation to long range planning and budgeting. |
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| 37 | + | 5 (6) Study and make such recommendations as it deems |
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| 38 | + | 6 appropriate to the General Assembly on local and regional |
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| 39 | + | 7 economic and fiscal policy and on federal fiscal policy as |
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| 40 | + | 8 it may affect Illinois. |
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| 41 | + | 9 (7) Review capital expenditures, appropriations and |
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| 42 | + | 10 authorizations for both the State's general obligation and |
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| 43 | + | 11 revenue bonding authorities. At the direction of the |
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| 44 | + | 12 Commission, specific reviews may include economic |
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| 45 | + | 13 feasibility reviews of existing or proposed revenue bond |
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| 46 | + | 14 projects to determine the accuracy of the original |
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| 47 | + | 15 estimate of useful life of the projects, maintenance |
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| 48 | + | 16 requirements and ability to meet debt service requirements |
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| 49 | + | 17 through their operating expenses. |
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| 50 | + | 18 (8) Receive and review all executive agency and |
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| 51 | + | 19 revenue bonding authority annual and 3 year plans. The |
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| 52 | + | 20 Commission shall prepare a consolidated review of these |
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| 53 | + | 21 plans, an updated assessment of current State agency |
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| 54 | + | 22 capital plans, a report on the outstanding and unissued |
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| 55 | + | 23 bond authorizations, an evaluation of the State's ability |
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| 56 | + | 24 to market further bond issues and shall submit them as the |
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| 57 | + | 25 "Legislative Capital Plan Analysis" to the House and |
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| 58 | + | 26 Senate Appropriations Committees at least once a year. The |
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60 | | - | Commission shall annually submit to the General Assembly |
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61 | | - | on the first Wednesday of April a report on the State's |
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62 | | - | long-term capital needs, with particular emphasis upon and |
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63 | | - | detail of the 5-year period in the immediate future. |
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64 | | - | (9) Study and make recommendations it deems |
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65 | | - | appropriate to the General Assembly on State bond |
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66 | | - | financing, bondability guidelines, and debt management. At |
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67 | | - | the direction of the Commission, specific studies and |
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68 | | - | reviews may take into consideration short and long-run |
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69 | | - | implications of State bonding and debt management policy. |
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70 | | - | (10) Comply with the provisions of the "State Debt |
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71 | | - | Impact Note Act" as now or hereafter amended. |
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72 | | - | (11) Comply with the provisions of the Pension Impact |
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73 | | - | Note Act, as now or hereafter amended. |
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74 | | - | (12) Prepare By August 1st of each year, the |
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75 | | - | Commission must prepare and cause to be published by |
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76 | | - | August 1 of each year a summary report of State |
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77 | | - | appropriations for the State fiscal year beginning the |
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78 | | - | previous July 1st, except that, if no State appropriations |
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79 | | - | have been enacted by July 1 for the State fiscal year, then |
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80 | | - | the summary report shall be prepared and published within |
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81 | | - | 60 days after the enactment of appropriations for that |
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82 | | - | State fiscal year. The summary report must discuss major |
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83 | | - | categories of appropriations, the issues the General |
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84 | | - | Assembly faced in allocating appropriations, comparisons |
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85 | | - | with appropriations for previous State fiscal years, and |
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88 | | - | other matters helpful in providing the citizens of |
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89 | | - | Illinois with an overall understanding of appropriations |
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90 | | - | for that fiscal year. The summary report must be written |
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91 | | - | in plain language and designed for readability, and it |
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92 | | - | must be provided in a report to the General Assembly and |
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93 | | - | published on the General Assembly's website. Publication |
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94 | | - | must be in newspapers of general circulation in the |
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95 | | - | various areas of the State to ensure distribution |
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96 | | - | statewide. The summary report must also be published on |
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97 | | - | the General Assembly's web site. |
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98 | | - | (13) Comply with the provisions of the State |
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99 | | - | Facilities Closure Act. |
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100 | | - | (14) For fiscal year 2012 and thereafter, develop a |
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101 | | - | 3-year budget forecast for the State, including |
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102 | | - | opportunities and threats concerning anticipated revenues |
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103 | | - | and expenditures, with an appropriate level of detail. |
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104 | | - | (15) Perform the powers, duties, rights, and |
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105 | | - | responsibilities of the Legislative Research Unit as |
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106 | | - | transferred to the Commission under Section 7. |
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107 | | - | The requirement for reporting to the General Assembly |
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108 | | - | shall be satisfied by filing copies of the report as required |
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109 | | - | by Section 3.1 of the General Assembly Organization Act, and |
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110 | | - | filing such additional copies with the State Government Report |
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111 | | - | Distribution Center for the General Assembly as is required |
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112 | | - | under paragraph (t) of Section 7 of the State Library Act. |
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113 | | - | (Source: P.A. 100-1148, eff. 12-10-18.) |
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116 | | - | (25 ILCS 155/4) (from Ch. 63, par. 344) |
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117 | | - | Sec. 4. (a) The Commission shall publish, during at the |
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118 | | - | convening of each regular session of the General Assembly, a |
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119 | | - | report on the estimated income of the State from all |
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120 | | - | applicable revenue sources for the next ensuing fiscal year |
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121 | | - | and of any other funds estimated to be available for such |
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122 | | - | fiscal year. The Commission, in its discretion, may consult |
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123 | | - | with the Governor's Office of Management and Budget in |
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124 | | - | preparing the report. By On the third Wednesday in March after |
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125 | | - | the session convenes, the Commission shall issue the report |
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126 | | - | required by this Section containing the a revised and updated |
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127 | | - | set of revenue figures reflecting the latest available |
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128 | | - | information. The House and Senate by joint resolution shall |
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129 | | - | adopt or modify such estimates as may be appropriate. The |
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130 | | - | joint resolution shall constitute the General Assembly's |
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131 | | - | estimate, under paragraph (b) of Section 2 of Article VIII of |
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132 | | - | the Constitution, of the funds estimated to be available |
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133 | | - | during the next fiscal year. |
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134 | | - | (b) On the third Wednesday in March or within 14 days after |
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135 | | - | the Governor's budget address, whichever is later, the |
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136 | | - | Commission shall issue estimated: |
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137 | | - | (1) pension funding requirements under P.A. 86-273; |
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138 | | - | and |
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139 | | - | (2) liabilities of the State employee group health |
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140 | | - | insurance program. |
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| 68 | + | SB1790 Enrolled - 3 - LRB103 28422 JDS 54802 b |
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| 69 | + | 1 Commission shall annually submit to the General Assembly |
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| 70 | + | 2 on the first Wednesday of April a report on the State's |
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| 71 | + | 3 long-term capital needs, with particular emphasis upon and |
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| 72 | + | 4 detail of the 5-year period in the immediate future. |
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| 73 | + | 5 (9) Study and make recommendations it deems |
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| 74 | + | 6 appropriate to the General Assembly on State bond |
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| 75 | + | 7 financing, bondability guidelines, and debt management. At |
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| 76 | + | 8 the direction of the Commission, specific studies and |
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| 77 | + | 9 reviews may take into consideration short and long-run |
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| 78 | + | 10 implications of State bonding and debt management policy. |
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| 79 | + | 11 (10) Comply with the provisions of the "State Debt |
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| 80 | + | 12 Impact Note Act" as now or hereafter amended. |
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| 81 | + | 13 (11) Comply with the provisions of the Pension Impact |
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| 82 | + | 14 Note Act, as now or hereafter amended. |
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| 83 | + | 15 (12) Prepare By August 1st of each year, the |
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| 84 | + | 16 Commission must prepare and cause to be published by |
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| 85 | + | 17 August 1 of each year a summary report of State |
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| 86 | + | 18 appropriations for the State fiscal year beginning the |
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| 87 | + | 19 previous July 1st, except that, if no State appropriations |
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| 88 | + | 20 have been enacted by July 1 for the State fiscal year, then |
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| 89 | + | 21 the summary report shall be prepared and published within |
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| 90 | + | 22 60 days after the enactment of appropriations for that |
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| 91 | + | 23 State fiscal year. The summary report must discuss major |
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| 92 | + | 24 categories of appropriations, the issues the General |
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| 93 | + | 25 Assembly faced in allocating appropriations, comparisons |
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| 94 | + | 26 with appropriations for previous State fiscal years, and |
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143 | | - | These estimated costs shall be for the fiscal year |
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144 | | - | beginning the following July 1. |
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145 | | - | (c) The requirement for reporting to the General Assembly |
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146 | | - | shall be satisfied by filing copies of the report as required |
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147 | | - | by Section 3.1 of the General Assembly Organization Act, and |
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148 | | - | filing such additional copies with the State Government Report |
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149 | | - | Distribution Center for the General Assembly as is required |
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150 | | - | under paragraph (t) of Section 7 of the State Library Act. |
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151 | | - | (Source: P.A. 100-1148, eff. 12-10-18.) |
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152 | | - | Section 99. Effective date. This Act takes effect upon |
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153 | | - | becoming law. |
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| 105 | + | 1 other matters helpful in providing the citizens of |
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| 106 | + | 2 Illinois with an overall understanding of appropriations |
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| 107 | + | 3 for that fiscal year. The summary report must be written |
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| 108 | + | 4 in plain language and designed for readability, and it |
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| 109 | + | 5 must be provided in a report to the General Assembly and |
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| 110 | + | 6 published on the General Assembly's website. Publication |
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| 111 | + | 7 must be in newspapers of general circulation in the |
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| 112 | + | 8 various areas of the State to ensure distribution |
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| 113 | + | 9 statewide. The summary report must also be published on |
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| 114 | + | 10 the General Assembly's web site. |
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| 115 | + | 11 (13) Comply with the provisions of the State |
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| 116 | + | 12 Facilities Closure Act. |
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| 117 | + | 13 (14) For fiscal year 2012 and thereafter, develop a |
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| 118 | + | 14 3-year budget forecast for the State, including |
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| 119 | + | 15 opportunities and threats concerning anticipated revenues |
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| 120 | + | 16 and expenditures, with an appropriate level of detail. |
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| 121 | + | 17 (15) Perform the powers, duties, rights, and |
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| 122 | + | 18 responsibilities of the Legislative Research Unit as |
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| 123 | + | 19 transferred to the Commission under Section 7. |
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| 124 | + | 20 The requirement for reporting to the General Assembly |
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| 125 | + | 21 shall be satisfied by filing copies of the report as required |
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| 126 | + | 22 by Section 3.1 of the General Assembly Organization Act, and |
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| 127 | + | 23 filing such additional copies with the State Government Report |
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| 128 | + | 24 Distribution Center for the General Assembly as is required |
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| 129 | + | 25 under paragraph (t) of Section 7 of the State Library Act. |
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| 130 | + | 26 (Source: P.A. 100-1148, eff. 12-10-18.) |
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| 141 | + | 1 (25 ILCS 155/4) (from Ch. 63, par. 344) |
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| 142 | + | 2 Sec. 4. (a) The Commission shall publish, during at the |
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| 143 | + | 3 convening of each regular session of the General Assembly, a |
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| 144 | + | 4 report on the estimated income of the State from all |
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| 145 | + | 5 applicable revenue sources for the next ensuing fiscal year |
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| 146 | + | 6 and of any other funds estimated to be available for such |
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| 147 | + | 7 fiscal year. The Commission, in its discretion, may consult |
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| 148 | + | 8 with the Governor's Office of Management and Budget in |
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| 149 | + | 9 preparing the report. By On the third Wednesday in March after |
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| 150 | + | 10 the session convenes, the Commission shall issue the report |
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| 151 | + | 11 required by this Section containing the a revised and updated |
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| 152 | + | 12 set of revenue figures reflecting the latest available |
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| 153 | + | 13 information. The House and Senate by joint resolution shall |
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| 154 | + | 14 adopt or modify such estimates as may be appropriate. The |
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| 155 | + | 15 joint resolution shall constitute the General Assembly's |
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| 156 | + | 16 estimate, under paragraph (b) of Section 2 of Article VIII of |
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| 157 | + | 17 the Constitution, of the funds estimated to be available |
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| 158 | + | 18 during the next fiscal year. |
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| 159 | + | 19 (b) On the third Wednesday in March or within 14 days after |
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| 160 | + | 20 the Governor's budget address, whichever is later, the |
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| 161 | + | 21 Commission shall issue estimated: |
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| 162 | + | 22 (1) pension funding requirements under P.A. 86-273; |
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| 163 | + | 23 and |
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| 164 | + | 24 (2) liabilities of the State employee group health |
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| 165 | + | 25 insurance program. |
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| 166 | + | |
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| 176 | + | 1 These estimated costs shall be for the fiscal year |
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| 177 | + | 2 beginning the following July 1. |
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| 178 | + | 3 (c) The requirement for reporting to the General Assembly |
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| 179 | + | 4 shall be satisfied by filing copies of the report as required |
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| 180 | + | 5 by Section 3.1 of the General Assembly Organization Act, and |
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| 181 | + | 6 filing such additional copies with the State Government Report |
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| 182 | + | 7 Distribution Center for the General Assembly as is required |
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| 183 | + | 8 under paragraph (t) of Section 7 of the State Library Act. |
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| 184 | + | 9 (Source: P.A. 100-1148, eff. 12-10-18.) |
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| 185 | + | 10 Section 99. Effective date. This Act takes effect upon |
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| 186 | + | 11 becoming law. |
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| 187 | + | |
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| 188 | + | |
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| 189 | + | |
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