HB 2986 Illinois House · 103rd Regular Session

STATE BUDGET-RATE OF GROWTH

Summary
Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that, beginning with the budget prepared for fiscal year 2025, the rate of growth of general funds appropriations shall not exceed the rate of growth of the Illinois median household income. Defines "rate of growth of the Illinois median household income".
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2023 Last action Jun 4, 2024
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Full legislative history

Actions timeline

Total actions
33
Key actions
0
Committee
1
Feb 16, 2023
Committee
Referred to Rules Committee
lower
1 primary · 30 co-sponsors

Sponsors