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IL HB5125
Bill
Status
1/8/2013
Primary Sponsor
Jim Watson
Click for details
AI Summary
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State agencies cannot create, implement, or spend public funds on new programs without obtaining a one-time certificate to proceed from the Comptroller.
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Comptroller shall issue certificates to proceed unless the State has a significant backlog of overdue bills, defined as more than $250,000,000 in unpaid bills that are more than 30 days overdue.
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Comptroller must continuously monitor overdue bills and cannot approve vouchers for new programs lacking required certificates.
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Governor and Comptroller may jointly issue a waiver allowing new program spending during declared emergencies affecting public health, safety, or welfare.
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"New program" applies to programs or projects created or significantly expanded under Public Acts enacted on or after July 1, 2012, or executive orders issued on or after that date; persons acting in good faith may still recover against the State for obligations incurred in violation of this requirement.
Legislative Description
STATE FINANCE-SPENDING LIMIT
Last Action
Session Sine Die
1/8/2013