IL HB3436

Adds the Pension Stabilization Fund to the definition of "general funds" or "State general funds" for purposes of the State Budget Law and Balanced Budget Note Act

Beginning in Fiscal Year 2027, limits General Assembly appropriations to 99% of estimated general funds revenues only when revenue growth exceeds 4% over the prior year AND projected accounts payable are estimated below $3,000,000,000

Allows transfers from the Budget Stabilization Fund to the General Revenue Fund without repayment if accounts payable exceed $4,000,000,000 as of June 30 of the fiscal year

Increases the target balance for the Budget Stabilization Fund from 7.5% to 10% of annual general funds revenues, and requires 0.5% transfers to both the Budget Stabilization Fund and Pension Stabilization Fund when mid-year revenue exceeds 4% growth and accounts payable are below $3,000,000,000

Requires state agencies (Department on Aging, Healthcare and Family Services, Human Services, Central Management Services, and Revenue) to include in January monthly reports specific information about invoices that may need to be paid from future fiscal year appropriations due to insufficient current-year funding