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IL HB5125

Bill

Status

Failed

1/8/2013

Primary Sponsor

Jim Watson

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • State agencies cannot create, implement, or spend public funds on new programs without obtaining a one-time certificate to proceed from the Comptroller.

  • 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.

  • Comptroller must continuously monitor overdue bills and cannot approve vouchers for new programs lacking required certificates.

  • Governor and Comptroller may jointly issue a waiver allowing new program spending during declared emergencies affecting public health, safety, or welfare.

  • "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

Committee Referrals

Rules2/8/2012

Full Bill Text

No bill text available