104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1410 Introduced , by Rep. Christopher "C.D." Davidsmeyer SYNOPSIS AS INTRODUCED: New Act 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. LRB104 07619 HLH 17663 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1410 Introduced , by Rep. Christopher "C.D." Davidsmeyer SYNOPSIS AS INTRODUCED: New Act New Act 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. LRB104 07619 HLH 17663 b LRB104 07619 HLH 17663 b A BILL FOR
104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1410 Introduced , by Rep. Christopher "C.D." Davidsmeyer SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
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.
LRB104 07619 HLH 17663 b LRB104 07619 HLH 17663 b
LRB104 07619 HLH 17663 b
A BILL FOR
HB1410LRB104 07619 HLH 17663 b HB1410 LRB104 07619 HLH 17663 b
HB1410 LRB104 07619 HLH 17663 b
1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5 Taxpayers' Fiscal Charter Act.
6 Section 5. Definitions. As used in this Act:
7 "Backlog payment cycle" means the time between a
8 submission of a proper bill or invoice to the State
9 Comptroller for payment and the issuing of that payment.
10 "Discretionary spending" means any spending not mandated
11 by federal or State law or court order.
12 "Unfunded mandate" means a law requiring a unit of local
13 government or school district to expend money without
14 accompanying money from the State.
15 Section 10. Discretionary spending freeze.
16 (a) The General Assembly shall freeze all discretionary
17 spending during fiscal years 2026 and 2027. The General
18 Assembly shall not expand any existing programs or create new
19 programs requiring the expenditure of additional money.
20 (b) Beginning in fiscal year 2028, the General Assembly
21 may create new programs or expand existing programs requiring
22 the expenditure of additional money only if the State's
104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1410 Introduced , by Rep. Christopher "C.D." Davidsmeyer SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
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.
LRB104 07619 HLH 17663 b LRB104 07619 HLH 17663 b
LRB104 07619 HLH 17663 b
A BILL FOR
New Act
LRB104 07619 HLH 17663 b
HB1410 LRB104 07619 HLH 17663 b
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1 backlog payment cycle is 30 days or less and the State has made
2 its full pension payment for the fiscal year, as actuarially
3 determined.
4 Section 15. Pay as you go. If the provisions of Section 10
5 of this Act are satisfied, any new spending proposed by the
6 General Assembly in addition to existing obligations shall be
7 accompanied by a proposed source of revenue to pay for the
8 proposed spending or specified cuts necessary to offset the
9 proposed spending.
10 Section 20. Unfunded mandates; prohibition.
11 Notwithstanding any other provisions of law to the contrary,
12 the State shall not impose any unfunded mandates on a school
13 district or other unit of local government. No school district
14 or other unit of local government shall be required to comply
15 with an unfunded mandate until the mandate is no longer
16 unfunded.
17 Section 25. Appropriations requirements.
18 (a) Before the General Assembly passes and the Governor
19 signs any appropriations law, the State Comptroller shall
20 publish the State's estimated income, balance sheet, cash
21 flow, and surplus or deficit.
22 (b) No appropriations bill shall be voted on for third
23 reading unless the bill, as amended, has been available for 72
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1 hours on the General Assembly's website.
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