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IL HB5192
Bill
Status
Failed
1/7/2025
Primary Sponsor
Brad Halbrook
Click for details
AI Summary
- Creates the Inflation Reduction Act to mandate budget cuts for Illinois state agencies in fiscal year 2025
- Reduces all discretionary spending appropriations to state agencies by 5% of fiscal year 2024 estimated expenditures
- Defines discretionary spending as any spending not mandated by federal or state law or court order
- Applies to state agencies, boards, commissions, and entities in the legislative, executive, and judicial branches
- Effective immediately upon enactment
Legislative Description
INFLATION REDUCTION ACT
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules2/9/2024
Full Bill Text
No bill text available